Mr. Ram, Mr. Rahim and Mr. Joy are the production managers of three different manufacturing firms; viz Cambridge Ltd. Oxford Ltd, Learner’s Ltd; they follow different strategies to manage production.
Learner’s Ltd. ensures proper arrangement of things, i.e. materials, tools etc. and fixed place for each employee. This helps in increasing productivity and efficiency and minimization of wastage of time / cost.
Due to power failure most of the times, Mr. Ram, operates on double shifts in order to complete target production. He is able to achieve target but at higher cost. Mr. Rahim’s main consideration is cost cutting. So he concentrates more on producing goods with fewer resources. He is unable to achieve target production. Mr. Joy uses minimum resources to achieve target production and is also able to produce goods is at lower cost.
(a) In the above case two important aspects of management have been highlighted, which are alike two sides of the same coin. Identify those two aspects.
(b) Identify the manager who has considered both aspects.
(c) Identify the principle of Fayol being followed in Learner’s Ltd.
