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Types of Management Plans Explained

planning test

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Nitin Sharma
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0% found this document useful (0 votes)
18 views1 page

Types of Management Plans Explained

planning test

Uploaded by

Nitin Sharma
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

1. Two years ago, Madhu completed her degree in food technology.

She worked for some time in a


company manufacturing chutneys , pickles and murabbas. She was not happy in the company and
decided to have her own organic food processing unit for the same. She set the objectives and the targets
and formulated action plan to achieve the same. One of her objectives was to earn 10% profit on the
amount invested in the first year. It was decided that raw materials like fruits, vegetables, spices etc. will
be purchased on three months credit from farmers cultivating organic crops only. She also decided to
follow the steps required for marketing of the products through her own outlets. She appointed Mohan
as a Production Manager who decided the exact manner in which the production activities are to be
carried out. Mohan also prepared a statement showing the number of workers that will be required in the
factory throughout the year. Madhu informed Mohan about her sales target for different products, area
wise for the forthcoming quarter. While working on the production table, a penalty of Rs. 100 per day
for not wearing the caps, gloves and apron was announced. Quoting lines from the above para, identity
the different types of plans discussed.
2. Josh Ltd. is a one of the largest two-wheeler manufacturer in India. It has a market share of about 42%
in the two-wheeler category. The company had witnessed almost a 35% drop in the booking as the
currency crunch was prompting people to withhold new purchases due to demonetisation. Therefore, the
production manager of the company had decided to align production to factor in slower sales in the
[Link] context of the above case:Identify the function of management being discussed in the above
[Link] limitations of the function of management as identified in part (a) of the question was the
production manager trying to overcome due to demonetisation?Explain them.
3. Flipkart is an e-commerce company founded in the year 2007 by Sachin Bansal and Binny Bansal. The
company is registered in Singapore, but has its headquarters in Bangaluru, India. The company seeks to
increase traffic (more clicks on their products) and boost sales and revenue through integration of
Mobile Apps, Display, Pay Per Click and Search Engine Optimization. In order to dispel the fear of
people related to shopping online, Flipkart was the first company to implement the popular ‘Cash on
Delivery’ facility. All the products sold by the company under a particular category may have different
return/replacement period. Flipkart allows multiple payment options such as cash on delivery, credit or
debit card transactions, net banking, e-gift voucher and card swipe on delivery. The company operates
both ways when an order is received. The products for which it holds inventory are dispatched by it
directly. For the products they do not store in inventory, they just send the order received by them to the
supplier who ships it. The company plans to spend about ? 75 crores on e-Commerce advertising in the
year 2016. Flipkart reserves the right to terminate your membership and/or refuse to provide you with
access to the website if it is brought to Flipkart’s notice or if it is discovered that you are under the age
of 18 years. This is because as per the Indian Contract Act, 1872, the minors, un-discharged insolvents,
etc. are not eligible to use the [Link] context of the above case, identify the different types of plans
being used by Flipkart by quoting lines from the paragraph.
4. After completing a diploma in Bakery and Patisserie, Payai sets up a small outlet at Goa Airport to
provide a healthy food option to the travellers. To begin with, she has decided to sell five types of
patties, three types of pizzas and low sugar muffins in four flavours. Thus, by deciding in advance what
to do and how to do, she is able to reduce the risk of uncertainty and avoid overlapping and wasteful
activities. But sometimes her planning does not work due to some unavoidable circumstances like
cancellation of flights due to bad weather conditions, government alert etc. which adversely affects her
[Link] context of the above case:Identify the points highlighting the importance of planning
mentioned in the above paragraph.
5. XYZ ltd. has a plan of increasing profits by 20%. It has devoted a lot of time and money to this plan. But the
competition starts increasing, so it could not change its plan to beat its competitors because huge amount of
money had already been devoted to the predecided plan. It caused losses to the company. Identify any two
limitations of planning highlighted in the above case. Also, quote the lines from it.

6. In ‘Chak de India’ movie, Shahrukh Khan becomes the coach of the girls’ hockey team. He knows that he has to
prepare the girls for the international hockey matches and bring the world cup after the winning. For this he
prepares a long- team plan and thinks the ways how to beat the competitors. He coaches the girls to play in
different ways like defensive, offensive, etc. At the outsets of a match he explains who will open the match, and
how the ball will be passed by one player to another step by step. Identify four types of plans that are highlight in
the above case, quoting the lines from it

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