Question : Ramesh, Ashmit, and Raj have made the decision to launch a toy manufacturing company. They determined the following primary tasks they must complete: I acquiring raw materials; (ii) acquiring machinery; (iii) producing toys; (iv) arranging for financing; (v) selling toys; (vi) determining the locations where they can sell their toys; and (vii) choosing personnel.
They believed that four managers should be selected to oversee production, finance, marketing, and personnel in order to make work more efficient. Identify the step(s) that were taken in the management function.
Option 1: Identifying and dividing the work into manageable activities
Option 2: Departmentalisation
Option 3: Assignment of duties to job positions
Option 4: All of the above
Correct Answer: All of the above
Solution :
Following are the steps of organising process:
1. Identifying and dividing the work into manageable activities,
2. Departmentalisation/Departmentation,
3. Assignment of duties to job positions, and
4. Establishing reporting relationships.
Hence, the correct option is 4.
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