A case study on a firm done by using prinples of management. +2 CBSE project..Enjoy..!! ;)

2. 1) Acknowledgement………………………………………………….3
2) Objective………………………………………………………………..4
3) Organisation ………………………………..………………………..5
4) Introduction To Management…………………………………7
5) Types Of Management……………………………………………8
6) Significance Of Management…………………………..……..10
7) Principles Of Management………………………………..……12
8) Sample Questionaire…………………………………………..….13
9) Analysis Section……………………………………………………..14
10) Conclusion………………………………………………………….….21
11) Bibliography…………………………………………………........…22
12) End…………………………………………………………………….....23

3. I would like to express my deepest appreciation to all those who provided me
the possibility to complete this report. A special gratitude I give to our
project manager, Mrs Manju Sharma, whose contribution in stimulating
suggestions and encouragement, helped me to coordinate my project
especially in writing this report.
Furthermore I would also like to acknowledge with much appreciation the
crucial role of the staff of J K Metals Pvt. Ltd, Yamunanagar , who gave the
permission to use all required place and time of employees to complete my
“Project On Principles Of Management”. Last but not least, many thanks go
to almighty god who helped me achieving the goal.
I have to appreciate the guidance given by Mam especially in my project. This
has improved my presentation skills thanks to their comments and advices.

4. The purpose of this project is to see the Principles
of Management being implemented in real life.
With its help we shall get the information whether
the principles of management which we come
across in the books are actually true? And whether
by following the principles of management the
efficiency of the management is actually
enhanced.

5. Selection ::
Selection
In order to achieve the objective of this project we
needed an organisation where business is carried
on a medium scale and various activities are
performed. On the advice of our Class Incharge J K
Metals Pvt. Ltd., Yamunanagar was selected
because it had following characteristics :It is capable of fullfiling the purpose of project.
It is situated nearby and visiting it would be easy.

6. Organisation Details :

7. Functions :-

13. Sr.
No.
Question
1
Do you have all the authority connected with your
work ?
2
Do you get orders from more than one boss ?
3
Do you give top priority to the interests of the
company ?
4
Do you get reasonable remuneration ?
5
Are the daily decisions made by the person concerned
?
Are the major decisions taken only by the higher
authorities ?
6
Does the boss of your boss directly communicate with
you ?
7
Does your company give equal remuneration to all the
employees doing a similar job ?
8
Have you served this company for more than 1 year ?
9
Does your boss give importance to your suggestion ?
Yes
No
No Response
No. Of
Respondents

14. Questions
Do you have all the authority connected with your
work ?
Yes
No
No Response
No. Of
Respondents
14
3
3
20

15. Questions
Do you get orders from more than one boss ?
Yes
No
No Response
No. Of
Respondents
2
16
2
20

16. Questions
Do you get reasonable remuneration ?
Yes
No
No Response
No. Of
Respondents
8
9
3
20
It can be clearly seen that the company’s nearly half workmen are not happy with their
remuneration. So company should use this principle and provide good remuneration to all its
employees so that the may work whole-heartedly for the company.

17. SUBORDINATION OF INDIVIDUAL
SUBORDINATION OF INDIVIDUAL
INTERESTS TO THE GENERAL INTERESTS ::
INTERESTS TO THE GENERAL INTERESTS
The interests of one person should not take priority over the interests of the organization as a
whole.
Questions
Do you give top priority to the interests of the
company ?
Yes
No
No Response
No. Of
Respondents
16
2
2
20
It is seen that employees care for company’s benefits, which is beneficial for the company.
Centralization as lowering the importance of the subordinate role. Decentralization is increasing
the importance. The degree to which centralization or decentralization should be adopted
depends on the specific organization.
Questions
Yes
No
No Response
No. Of
Respondents
Are the daily decisions made by the person
concerned ?
15
2
3
20
Are the major decisions taken only by the higher
authorities ?
18
0
2
20

18. SCALAR CHAIN ::
SCALAR CHAIN
Managers in hierarchies are part of a chain like authority scale. Each manager, from the first line
supervisor to the president, possess certain amounts of authority. The President possesses the
most authority; the first line supervisor the least. Lower level managers should always keep
upper level managers informed of their work activities.
Question
Does the boss of your boss directly communicate
with you ?
Yes
No
No Response
No. Of
Respondents
15
3
2
20
The study shows that the employees of the company have direct communication with the boss
of their boss, which violates the scalar chain principle, This principle should come in use of the
company because by its implementation lower level workers could work more efficiently.
ORDER:
ORDER:
For the sake of efficiency and coordination, all materials and people related to a specific kind of
work should be treated as equally as possible.
My personal observation made it clear that all goods were placed at their decided place and
employees worked at their pre-determined place. Which is beneficial for the company.

19. EQUITY:
EQUITY:
All employees should be treated as equally as possible.
Question
Does your company give equal remuneration to all
the employees doing a similar job ?
Yes
No
No Response
No. Of
Respondents
11
7
2
20
Above facts tell that the company is not conscious about this principle. Following of this
principle will lead to sense of belongingness in the hearts of the employees of the company.
STABILITY OF TENURE OF PERSONNEL:
STABILITY OF TENURE OF PERSONNEL:
Retaining productive employees should always be a high priority of management. Recruitment
and Selection Costs, as well as increased product-reject rates are usually associated with hiring
new workers.
Question
Yes
No
No Response
No. Of
Respondents
Have you served this company for more than 1 year ?
8
12
0
20
This study shows that labour turnover of the company is high, which is not good for the
company. If this could be brought down the labour would feel job security and would work
more efficiently.

20. ESPIRIT DE CORPS:
ESPIRIT DE CORPS:
Management should encourage harmony and general good feelings among employees.
My observation says that the managers of the company a victims of superiority complex due to
which the feeling of employee is out of question. Managers should be told that they must take
care of the employees in a good manner, so that it may increase the confidence of the
employee over the company.
INITIATIVE:
INITIATIVE:
Management should take steps to encourage worker initiative, which is defined as new or
additional work activity undertaken through self direction.
Question
Yes
No
No Response
No. Of
Respondents
Does your boss give importance to your suggestion ?
14
4
2
20
This shows that most of the employees felt that their opinions were given importance. This is
good, as it helps to encourage the employees and increase their confidence.

21. My hypothesis was that Company would work better with all
the management principles applied. My results do support
my hypothesis.
I think the studies I did went smoothly and I had no problems,
except for the fact that the people working in the factory had
very less free time. Therefore, I had to take the answers
quickly.
An interesting future study might involve testing the working
of the company without any management principle.

22. In making of this project most of the help was given
my Mrs Manju Sharma(Class Incharge and Lecturer
of Business Studies)
Other Sources :Business Management (+2) NCERT
www.google.com
www.wikipedia.com

23. Any Doubt ?
If Yes, Please Ask
If No, Then