Mega ltd was manufacturing water heaters In the first year of itsvoperations , the revenue earned by the company - Business Studies - Nature and Significance of Management

Question

Mega ltd was manufacturing water heaters In the first year of
itsvoperations , the revenue earned by the company was just
sufficient to meet its cost To increase revenue , rhe company
analysed the reason of less revenue After analysis the company
decided
1 to reduce the labour cost by shifting the manufacturing unit to a
backward area where labour was available at a very low rate
2 to start manufacturing solar water heaters and reduce the
production of electric water heaters slowly This will not only help
in covering the risks,but also help in meeting other objectives
too

a Identify and explain the objectives of mangement discussed
above
b State any two values whuch the conapny wanted to communicate to
the society

Vanita Rana · Accepted Answer

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