Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

Match list I with list II

LIST 1 LIST II
A. Separation of planning & execution function I. Standardisation of work
B. Setting benchmarks for every business activity which must be adhered during production II. Simplification of work
C. Eliminating superflous varieties, sizes and dimensions III. Method study
D. Minimizing the cost of production & maximising the quality and satisfaction of customers IV. Functional foremanship

Choose the correct answer from the options given below:

Options:

A-I, B-III, C-II, D-IV

A-IV, B-I, C-II, D-III

A-III, B-II, C-IV, D-I

A-II, B-III, C-I, D-IV

Correct Answer:

A-IV, B-I, C-II, D-III

Explanation:

* Separation of planning & execution function- Functional foremanship- Taylor advocated separation of planning and execution functions. This concept was extended to the lowest level of the shop floor. It was known as functional foremanship. Under the factory manager there was a planning incharge and a production incharge. Under planning incharge four personnel namely instruction card clerk, route clerk, time and cost clerk and a disciplinarian worked. These four personnel would draft instructions for the workers, specify the route of production, prepare time and cost sheet and ensure discipline respectively. Under Production incharge, personnel who would work were speed boss, gang boss, repair boss, and inspector. These respectively were responsible for timely and accurate completion of job, keeping machines and tools etc., ready for operation by workers, ensure proper working condition of machines and tools and check the quality of work.

* Setting benchmarks for every business activity which must be adhered during production - Standardisation of work- Taylor was an ardent supporter of standardisation. According to him scientific method should be used to analyse methods of production prevalent under the rule of thumb. The best practices can be kept and further refined to develop a standard which should be followed throughout the organisation. This can be done through work-study techniques which include time study, motion study, fatigue study and method study, and which are discussed further in this chapter. It may be pointed out that even the contemporary techniques of business process including reengineering, kaizen (continuous improvement) and benchmarking are aimed at standardising the work. Standardisation refers to the process of setting standards for every business activity; it can be standardisation of process, raw material, time, product, machinery, methods or working conditions. These standards are the benchmarks, which must be adhered to during production.

* Eliminating superflous varieties, sizes and dimensions- Simplification of work. Simplification aims at eliminating superfluous varieties, sizes and dimensions while standardisation implies devising new varieties instead of the existing ones. Simplification aims at eliminating unnecessary diversity of products. It results in savings of cost of labour, machines and tools. It implies reduced inventories, fuller utilisation of equipment and increasing turnover.

* Minimizing the cost of production & maximising the quality and satisfaction of customers- Method study- The objective of method study is to find out one best way of doing the job. There are various methods of doing the job. To determine the best way there are several parameters. Right from procurement of raw materials till the final product is delivered to the customer every activity is part of method study. Taylor devised the concept of assembly line by using method study. Method study helps in minimise the cost of production and maximise the quality which ultimate satisfy the customers.