let make an effort2008precis

[muhammad imran sethi]

kindly analyse this2008 precis precis2008 Rationalization of objectives and division of managerial functions in industriasl era marks a pardigm shift from markedly less dEFINED and loosely organized BUSINESS activity of preindustrial era.therefore sophistication and goal directed activity is the hallmark of industrial organizations.This conscientious realization of objectives ,as a first step takes the form of determing the real needs of consumers through various methods.The next step in this chain is to effectively translate these objectives into measurable outcomes labelled as efficiency.Finally the integrity of this layered process is determined by how the welldefined aims of an organization are integrated wiyh systematic activity towards fulfilment of these aims.Thus this complex but organized activity differentiates a modern industrial organization from preindustrial one TITLE EVOLUTION OF INDUSTRIAL ORGANIZATIONS

[New Student]

Post the full passage, after which one may be able to see your attempt. Also divide your passage, precis and title etc in different paragraphs, to make it easier for the reader.

[muhammad imran sethi]

ok i am poObjectives pursued by, organizations should be directed to the satisfaction of demands resulting from the wants of mankind. Therefore, the determination of appropriate objectives for organized activity must be preceded by an effort to determine precisely what their wants are. Industrial organizations conduct market studies to learn what consumer goods should be produced. City Commissions make surveys to ascertain what civic projects would be of most benefit. Highway Commissions conduct traffic counts to learn what constructive programmes should be undertaken. Organizations come into being as a means for creating and exchanging utility. Their success is dependent upon the appropriateness of the series of acts contributed to the system. The majority of these acts is purposeful, that is, they are directed to the accomplishment of some objectives. These acts are physical in nature and find purposeful employment in the alteration of the physical environment. As a result utility is created, which, through the process of distribution, makes it possible for the cooperative system to endure.

Before the Industrial Revolution most cooperative activity was accomplished in small owner managed enterprises, usually with a single decision maker and simple organizational objectives. Increased technology and the growth of industrial organization made necessary the establishment of a hierarchy of objectives. This is turn, required a division of the management function until today a hierarchy of decision makers exists in most organizations.

The effective pursuit of appropriate objectives contributes directly to organizational efficiency. As used here, efficiency is a measure of the want satisfying power of the cooperative system as a whole. Thus efficiency is the summation of utilities received from the organization divided by the utilities given to the organization, as subjectively evaluated by each contributor.

The functions of the management process is the delineation of organizational objectives and the coordination of activity towards the accomplishment of these objectives. The system of coordinated activities must be maintained so that each contributor, including the manager, gains more than he contributes.


sting the original passage

[New Student]

@Muhammad Imran Sethi

Very good precis. Some suggestions:

1. This passage talks about the main goal of the organizations, i.e. creating and exchanging utilities. You didn't mention anything about it.

2. Although, the passage talks about pre-industrial era, but in my thinking it is not the main theme of the passage. Passage is more about the organizations' goals, managerial hierarchy and how these goals are achieved. So, I would suggest a minor change in the title i.e. "Industrial organization: Aims, objectives and their accomplishment".

Regards

[muhammad imran sethi]

Thanks for giving valuable feedback.I will try to rewrite it based on ur suggestions