| Direction (16-20): Read the following text and answer question numbers 16-20 on the basis of the same. |
| An Auto Company C Ltd. is facing a problem of declining market share due to increased competition from other new and existing players in the market. Its competitors are introducing lower price models for mass consumer who are price sensitive. C Ltd. realised that it needs to take steps immediately to improve its market standing in the future. It decided to increase sales by 10% and gave the direction to all departments at all levels what they are expected to do to achieve the objective. The managers also made certain assumptions about the future, and forecasting was made about the demand for new products, prices of machinery and equipment needed, etc. For quality conscious consumers, C Ltd. plans to introduce new models with added features and new technology advancement. The company has formed a team with representatives from all the levels of management. This team will brainstorm and will determine the steps that will be adopted by the organisation for implementing the above strategy. However, it is very difficult to assess future trends in the environment if economic policies are modified or political conditions in the country are not stable. Intense competition in the market can also upset financial plans, then sales targets in the given case. |
A) Planning
B) Organising
C) Directing
D) Controlling
Correct Answer: A
Solution :
[a]
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