In eficient supply chain </li></li></ul><li>Competitors of JCpeneey<br />Lost customers beacouse TARGET and WALL MART” for same product<br />Moderate price retailers such as kohl and old navys<br />
Managerial function applied<br /><ul><li>Planning: deciding in advance what to do in future.
Case relation: offer competitive prices to shopers and cutting costs,
Organising:- arranging and structuring work to achive org. goals
Case relation :- remodeled stores less cutter and better Lit
(b) organising head quarters and store person</li></li></ul><li>Other managerial application<br />Staffing:- getting the right person at right at right time according to abilites and capebilites<br />Case relation:- lay off 5000 staff members recruit outsiders to key positions<br />Leading :- work with and though people to accomplish org. goals <br />Case relation:- (a) promotion of team work <br />(b) boosting morale and belive in org.<br />
Controlling technique apply<br /><ul><li>Concurrent control applied when company went into loss</li></ul>Adding office in new york and lasangles for closer inspection <br />Helped In knowing new happenings in fasion world <br />
Questrom role in jCpeneey<br /><ul><li>As a leader Responsible for staffing and motivation
As an entreprenuer initiates improvments projects
As a disturbance handler Corrective action when org. faced serious problems
As a supporter supported and belive in penney against the critics</li></li></ul><li>Results <br />Achieved one year sales growth of 45%<br />Net income of $928 million <br />achived the goal of creating a profitable enterprise<br />
Conclusion <br />Proper planning leads to achievement of goals <br />Motivation is the key to sucsess<br />Proper allocation of work increases specialization and efficiency level<br />Restructuring of organisation played an important role<br />
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