Commerce Assignment
Commerce Assignment
Commerce Assignment
FUNCTIONS OF
MANAGEMENT
NAME:PEARL
CLASS: 12 COMMERCE
ROLL NO: C-07
SUBMITTED TO:TR.PRIYA
INDEX
OBJECTIVES OF THE PROJECT
COMPANY INFORMATION
NESTLE ORGANISATION CHART
SCALAR CHAIN OF COMMAND
UNITY OF COMMAND AND
DIRECTION
CHANNELS OF COMMUNICATION
DELEGATION OF AUTHORITY
AUTHORITY-
CENTRALISED/DECENTRALISED?
SPAN OF CONTROL
SOURCES OF RECRUITMENT
ADOPTED
ADVANTAGES OF SOURCES OF
RECRUITMENT
STEPS IN SELECTION PROCEDURE
ADVANTAGES OF THE STEPS
CONCLUSION
ACKNOWLEDGEMENT
GLOSSARY
BIBLIOGRAPHY & E-RESOURCES
OBJECTIVES
At the core of Nestlé India's offerings are iconic brands like Maggi,
Nescafe, Kit Kat, and Nestea. These brands span various
categories, including instant noodles, coffee, dairy products,
chocolates, and beverages. Nestlé India operates multiple
manufacturing facilities strategically located across the country,
forming a robust network to ensure the efficient production and
distribution of its products to meet the diverse demands of the
Indian consumer base.
NESTLÉ set up milk collection centres that would not only ensure
prompt collection and pay fair prices, but also instil amongst the
community, a confidence in the dairy business. Progress involved the
creation of prosperity on an on-going and sustainable basis that has
resulted in not just the transformation of Moga into a prosperous and
vibrant milk district today, but a thriving hub of industrial activity, as
well.
Listed on major Indian stock exchanges, including the Bombay Stock
Exchange (BSE) and the National Stock Exchange of India (NSE),
Nestlé India operates in accordance with corporate governance
principles, ensuring transparency and accountability in its business
practices.
NESTLÉ has been a partner in India's growth for over a century now
and has built a very special relationship of trust and commitment
with the people of India. The Company's activities in India have
facilitated direct and indirect employment and provides livelihood to
about one million people including farmers, suppliers of packaging
materials, services and other goods.
ORGANISATION CHART
AT
The scalar chain of command at Nestlé India refers to the hierarchical structure
of the organization and the established channels of communication that follow
that structure. It outlines the clear reporting relationships between different
levels of management, ensuring that information and decisions flow in an
orderly manner.
Area Sales Managers: Area Sales Managers report to the Zonal Business
Managers and are responsible for managing sales teams and achieving sales
targets within their assigned areas.
Sales Executives: Sales Executives report to the Area Sales Managers and are
responsible for directly interacting with customers, generating leads, and
closing sales.
UNITY OF COMMAND
Nestlé India's organizational structure is designed to ensure
that the company operates efficiently and effectively.Key
principles that contribute to this are unity of command
Unity of Command
Unity of Direction
Unity of direction is the principle that
there should be one plan of action for
each group of people working towards a
common goal. This helps to ensure that
everyone is working towards the same
objectives and that there is no
duplication of effort. Nestlé India's
established channels of communication
and reporting relationships uphold this
principle.
INFORMAL CHANNELS
Informal Channels
Centralized Elements
1. Organizational Factors:
2. Managerial Factors:
Internal Sources:
Promotion: Recruitment through promotion is when a
company fills an open position by promoting someone
from within the company. This can have many advantages,
including:
Increased employee engagement and morale:
Employees feel valued and motivated to grow their
careers within the company.
Reduced costs and time: Filling positions internally is
often quicker and cheaper than recruiting externally.
Improved cultural fit: Promoted employees already
understand the company culture and values.
Enhanced knowledge and skills: Promoted employees
bring their existing knowledge and skills to the new
position.
Stronger leadership pipeline: Promotes a culture of
continuous learning and development.
Overall, recruitment through promotion can be a win-win
for both the company and its employees.
External Sources:
Recruitment through Advertising: It involves reaching out
to potential candidates by placing job postings on
websites, social media, or in print publications. This method
is effective for reaching a large pool of qualified candidates,
especially those who are actively looking for jobs.
Here are some advantages of recruitment through
advertising:
Wide reach: Ads can be placed in various platforms,
reaching a large number of potential candidates.
Targeted advertising: Ads can be tailored to specific
demographics, skills, and job requirements.
Cost-effective: Advertising can be a cost-effective way
to attract qualified candidates, especially compared to
other recruitment methods like headhunting.
Increased brand awareness: Advertising can raise
awareness of your company and its open positions
among potential candidates.
Fast recruitment: Advertising can help you fill open
positions quickly, especially for in-demand roles.
However, it's important to note that advertising is just one
part of the recruitment process. You'll still need to screen
applications, interview candidates, and make hiring
decisions.