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    1. you are hired as a trainer by sachin ethanol, a newly setup organization dealing in manufacturing ethanol from sugarcane residue. the ceo wants you to train the newly recruited management trainees about the principles of management. explain the principles of management to these newly recruited employees by taking the help of henri fayol’s 14 principles of management?

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    Introduction to Management

    Anonymous Student 2 months ago

    You are hired as a trainer by Sachin Ethanol, a newly setup organization dealing in

    manufacturing Ethanol from Sugarcane residue. The CEO wants you to train the newly

    recruited management trainees about the Principles of Management. Explain the

    principles of Management to these newly recruited employees by taking the help of Henri

    Fayol’s 14 Principles of Management?

    Like 0 All replies Expert Answer 2 months ago

    1. The main principle that can be considered is the division of work. This is based on the principles of management emphasized by Henry Fayol who focused on the division of work in the workforce to ensure productivity, accuracy, and speed of the operations can be maintained.

    2. Another integral principle that should be kept in mind is discipline. This is integral, especially for new employees. Discipline ensures that any project in the company can be completed in a manner that is representing the core values of the company and ensures smooth operations.

    3. Remuneration is another integral aspect that should be focused on to ensure management can be implemented in a manner to achieve success. Remuneration ensures that the new employees can focus on their organizational needs rather than thinking about their monetary needs. This helps in ensuring staff stability for the long term.

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    Management Theory and Practice Dec 2022

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    Management Theory and Practice

    You are hired as a trainer by Sachin Ethanol, a newly set up organization dealing in manufacturing Ethanol from Sugarcane residue. The CEO wants you to train the newly recruited management trainees about the Principles of Management. Explain the principles of Management to these newly recruited employees by taking the help of Henri Fayol’s 14 Principles of Management.SOLUTIONIntroduction

    Henri Fayol was one of the pioneers who could highlight the difference between managerial and technical skills. He highlighted the idea that “manager” is a profession in and of itself – one that needs to be taught, researched, and developed. Let us suppose — a team where everyone has the best technical skills on this earth, but none

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    The newly set up management team is divided in their deliberation on a certain topic and requires your help. The core area of this discussion is whether Management is an Art or a Science. As the chairman of the forum, can you throw some light on whether Management is an art or a science or both, and Why? SOLUTIONIntroduction

    It is a tricky issue whether Management is an Art or a Science. Still, it would be a revealing discussion to enlighten some points.

    Management As Lemon Tree, a famous hotel chain in India is losing its market share to its peers. The major reason contributing to the same is that there is a lot of conflict in the organization due to which correct and timely decisions are not being taken. The company has hired you as a consultant to understand and solve this issue.Explain the different types of Conflicts that can arise in an organization. (5 Marks)SOLUTIONIntroduction

    It sometimes appears that some types of conflict are always with us in the workplace. Any person in an enterprise who

    Explain what strategies can be used by Lemon Tree to resolve these conflicts. (5 Marks)SOLUTIONIntroduction

    Before explaining what strategies can be used by Lemon Tree to resolve their conflicts, let me cite the last 3 years’ financial status of the Hotel chain. As per the consolidated financial results (Value Stocks n.d.), the Hotel Chain’s total income came down from 203.47 crores (October 2019–December 2019) to 177

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    Q1. A company provides consultancy to all its clients on the Pricing of their products. M/s Herbal Life sells various types of FMCG products in the urban market. They sell toothpaste, multi-vitamin  ayurvedic  tablets,  chia seeds,  tulsi  tea,  herbal  soap,  shampoo,  etc. The company has asked you to present various types of Product Mix pricing and price adjustment strategies so that it can help them in taking pricing decisions for their range of products.

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    (5 Marks)NMIMS Global AccessSchool for Continuing Education (NGA-SCE) Course: Management Theory and PracticeInternal Assignment Applicable for December 2022 Examination

    You are hired as a trainer by Sachin Ethanol, a newly setup organization dealing in manufacturing Ethanol from Sugarcane residue. The CEO wants you to train the newly recruited management trainees about the Principles of Management. Explain the principles of Management to these newly recruited employees by taking the help of Henri Fayol’s 14 Principles of Management? (10 Marks)

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    The newly set up management team is divided in their deliberation on a certain topic and require your help. The core area of this discussion is whether Management is an Art or a Science. As the chairman of the forum, can you throw some light on whether Management is an art or a science or both and Why? (10 Marks)

    Lemon Tree, a famous hotel chain in India is losing its market share to its peers. The major reasons contributing to the same is that there is a lot of conflict in the organization due to which correct and timely decisions are not being taken. The company has hired you as a consultant to understand and solve this issue

    Explain the different types of Conflicts that can arise in an organization? (5 Marks)

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