Q4 of 17 Page 27

List any two indicators of growth of an organisation.

the two indicators of growth of an organization are:

• Profit - If an organization earns a profit on a regular basis, it can be said that it is growing.


• Expansion - Expansion leads to more employees and turnover which is a good indicator of growth.


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2

Name any two important characteristics of management.

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Identify and state the force that binds all the other functions of management.

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Indian Railways has launched a new broad gauge solar power train which is going to be a path-breaking leap towards making trains greener and more environment-friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.

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Ritu is the manager of the northern division of a large corporate house. At what level does she work in the organisation? What are her basic functions?