Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
3.3k views
in Business Studies by (50.3k points)
edited by

The management of company ’F’ Limited now realised its folly. In order to rectify the situation, it appointed a management consultant ‘M consultants’ to recommend a restructure plan to bring the company back on the rails. ‘M consultants’ undertook a study of the production process at the plant of the company ‘F’ limited and recommended the following changes : –

a. The company should introduce scientific management with regard to production. 

b. Production Planning including routing, scheduling, dispatching and feedback should be implemented. 

c. In order to separate planning from operational management ‘Functional foremanship’ should be introduced. 

d. ‘Work study’ should be undertaken to optimise the use of resources. 

e. ‘Standardisation’ of all activities should be implemented ta increase efficiency and accountability. 

f. To motivate the workers ‘Differential Piece Rate System’ should be implemented. 

g. The above changes should be introduced apart from the steps recommended in case problem-1 (as an answer to question number 3 of that case problem). It was expected that the changes will bring about a radical transformation in the working of the company and it will regain its pristine glory.

What precautions should the company undertake to implement the changes? Give your enunciated answer with regard to each technique in points 1 through 6 in the case problem.

1 Answer

+1 vote
by (47.0k points)
selected by
 
Best answer

A large number of changes at a time will not accepted by anyone. 

So the company should play safe while making changes. 

a. Trained staff can be appointed for certain areas and workers can be trained to improve efficiency levels. 

b. Production planning has to be done with care. 

c. Functional foreman ship can be introduced but not at the cost of initiative. Workers should be consulted for suggestions. 

d. Optimum use of method, time, motion and fatigue study should be done. 

e. Standardisation can be implemented for material, machinery and features of product. 

f. Financial incentives should be provided to workers to get more work rather than adopting differential piece wage system.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...