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Questions and Answers
Which employee is primarily responsible for guiding and motivating other employees?
What is Mr. Ashok's role when he buys shoes for ₹700?
Where should Mr. Ashok submit his complaint regarding the denied replacement of shoes?
What market does Mr. A invest his funds in for his business expansion?
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Which type of currency is necessary for Mr. A's international business transactions?
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Study Notes
Functions Within XYZ Company
- Mr. Lele: Engaged in directing, providing instructions, guidance, and motivation to employees for optimal performance.
- Mr. Sayyad: Responsible for organizing, ensuring harmonious work across different departments while aligning with organizational goals.
- Mr. Desai: Focused on coordinating, managing the arrangement and allocation of necessary resources for the business.
Consumer Rights and Complaints
- Violation: Mr. Ashok's consumer right has been violated due to forced purchase of unsuitable shoes.
- Status: Mr. Ashok is classified as a buyer, not the ultimate consumer, as he initiated the purchase.
- Complaint Filing: Mr. Ashok can file his complaint at the Consumer Court to seek redress.
International Business Transactions
- Funding Source: Mr. A borrows money from a commercial bank to support the growth of his import/export business.
- Investment Venue: He invests his funds in the stock market, aiming for financial returns through equity shares.
- Currency Requirement: Engaging in international trade necessitates the use of international currency.
Distinctions in Business Functions
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Directing vs. Coordinating:
- Directing involves guiding and motivating employees, while coordinating ensures different departments work in harmony towards common goals.
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Road Transport vs. Rail Transport:
- They differ in modes of transportation; road transport offers flexibility for short distances, while rail transport is typically used for bulk goods over longer distances, providing efficiency and cost-effectiveness.
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Description
Explore the dynamics of leadership and resource management in organizations through this case study. Analyze the roles played by Mr. Lele, Mr. Sayyad, and Mr. Desai to understand how effective guidance and resource allocation can enhance organizational performance.
