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The manager, Ashis found that current production of the factory was 4,000 units against the standard 3,800 units. The manager called the meeting of the workers and congratulated them. He also announced incentive to the efficient ones. (a) Explain any three benefits of such comparison. (b) Which values are highlighted by Ashis? |
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Answer» (a) Ashis is involved in controlling function of management. The benefits of such comparison of actual and standard output are : (i) It improves employee’s morale: Evaluation of performance against predetermined standard induces employees to do things in a proper manner. (ii) It help in better coordination: It keeps all activities and efforts directed towards the achievement of goals in conformity with the plans and programmes. (iii) It facilitates decision making: It helps to identify and solve problems before they become unmanageable. Timely decisions are taken, if anything needs rectification. (b) The values highlighted by Ashish are : (i) Motivating the workers (ii) Improving living standards of employees iv) Providing good working conditions. |
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