Question

In Kriti creations the objective is procurement and sale of traditional Indian handloom and handicraft items. The company sells fabrics, furnishings, readymade and household items made out of traditional Indian fabrics. The manager has to decide quantities, variety, colour and texture of all the above and then allocate resources for their purchase from different suppliers or for their inhouse development. a)Identify the management function performed by the manager of kriti creations. b)Enumerate the features of management functions performed by the manager of Kriti creations.

Answer 1

A) The management function performed by the manager of Kriti Creations is Planning. 

b) The features of the management function performed by the manager are: 

- Goal setting: The manager sets the objective of procurement and sale of traditional Indian Handloom and handicraft items. 

- Analysis: The manager analyses the market demand, current trends, and availability of resources to determine the quantities, variety, colour, and texture of the items. 

- Decision-making: Based on the analysis, the manager makes decisions on the allocation of resources for purchase from different suppliers or for their in-house development. 

- Implementation: The manager implements the plan by purchasing the items from suppliers or developing them in-house. 

- Evaluation: The manager evaluates the success of the plan by measuring the sales, customer feedback, and profitability. 

- Adaptation: Based on the evaluation, the manager adapts the plan to improve the sales and profitability of the company.