question_answer

IT Company Polaris Software is planning to set-up a new unit in Mumbai with a capacity for 800 professionals. The company currently has 1,200 professionals across its centres in Mumbai, and the new unit is expected to come up in the next six months. The company's chairman and CEO said that the company was well on the track to meet its earlier announcement to increase the head count by 1,500 to 2,000 professionals in the current year.

(i) Which function of management is present here?

(ii) Which values are satisfied in the above para?

Answer:

The function of management present here is 'planning'. It tells us what is to be done, how and by whom. It bridges the gap between where we are and where we want to go. (ii) The values satisfied in the above para are: (any two) [a] Employment              [b] Increase in income [c] Higher living standard of people