Question : Case Study: XYZ Corporation
XYZ Corporation is a manufacturing company known for producing high-quality electronic devices. It is divided into three levels of management: top management, middle-level management, and lower-level management. The company's main objective is to expand its market reach and maintain a strong reputation for innovation and customer satisfaction.
The management function of organizing in XYZ Corporation involves:
Option 1: Setting performance standards
Option 2: Allocating resources and assigning tasks
Option 3: Monitoring employee performance
Option 4: Motivating employees to achieve goals
Correct Answer:
Allocating resources and assigning tasks
Solution : The correct answer is (b) Allocating resources and assigning tasks
Organizing is the management function that entails structuring the organization, determining roles and responsibilities, and allocating resources (including personnel) to achieve the company's goals. This function ensures that tasks are appropriately assigned, and resources are effectively utilized to carry out the plans established during the planning phase. Setting performance standards, monitoring employee performance, and motivating employees to achieve goals are elements of other management functions such as planning, controlling, and leading, respectively.
