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Explain functions in which industrial manager is involved?
The Industrial Manager is occupied in the given functions:-
(i) Design products which will find acceptance in competitive markets;
(ii) Devise ways of producing these products efficiently;
(iii) Explore reliable sources for acquiring materials and supplies;
(iv) Attract funds;
(v) Build plants, train and recruit before train employees with a broad variety of talents.
(vi) Devise systems for coordinated efforts
(vii) Inspire self-assurance and activate all the resources or facilities into a viable going concern.
Define Steps in Management Planning Process. Planning can be explained as deciding in advance what is to be completed in future. Some of the fundamental steps involved in plann
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