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It's not quite there yet, but the goal is certainly within reach. One of India's largest IT solutions providers, Wipro Technologies, is taking on the likes of IBM and Accenture in its effort to be included among the largest and most successful technology services companies in the world. Restructuring Wipro was considered the most important step in becoming a global giant, driven by the goal towards improved customer orientation. During the past few months, Wipro separated itself into several subsidiaries by product line: telecommunications, engineering, financial services, etc. Each subsidiary brings in about $300 million in annual earnings and is self-sufficient with their own accounting books, personnel and administrative functions. This policy of company reduces the workload as well as enhances productivity because of the specific workers performing a specific job on a regular basis. Such a practice at Wipro further resulted in avoidance of duplication of work helps in preventing confusion and minimising the wastage of efforts. Wipro shifted from a centralised to decentralised management system. All responsibilities for growth lay with the management of each entity. "We tried to de-layer the organisation and empower our business leaders with a much higher degree of growth responsibility," said Premji. This practice gives the employee requisite time to explore areas for growth and the opportunity to innovate thereby strengthening the company's competitive position. The authority dispersal develops in the subordinate the ability to deal effectively with challenges and helps them to realise their full potential.

"Such a practice at Wipro further resulted in avoidance of duplication of work and helps in preventing confusion and minimising wastage of efforts". Identify the significance of the function of management highlighted in the aforesaid statement.

Solution

✅ Correct Option: 3

Option 1 -> Development of Personnel relates to training and skill enhancement of employees, which is not the focus of avoiding duplication and wastage mentioned in the statement.

Option 2 -> Clarity in reporting relationships deals with organizational hierarchy and chain of command, not specifically with avoiding duplication of work and minimizing wastage.

Option 3 -> Optimum utilization of resources directly addresses avoiding duplication of work, preventing confusion, and minimizing wastage of efforts by ensuring efficient use of all resources.

Option 4 -> Better administration and greater creativity focuses on improving management processes and fostering innovation, which doesn't directly relate to preventing duplication and wastage.


Hence, Option 3: Optimum utilization of resources -> The statement explicitly mentions "avoidance of duplication of work" and "minimising wastage of efforts," which are clear indicators of efficient resource utilization. When an organization prevents duplication and reduces waste, it ensures that human, material, and time resources are used optimally without redundancy, leading to maximum productivity with minimum waste -> correct

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