Preview

MRF LTD

Good Essays
Open Document
Open Document
9072 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MRF LTD
Chapter 1
INTRODUCTION
An organization is a social unit of people, systematically arranged or managed to meet the needs or to pursue collective goals on a continuous basis. A sound organization can contribute greatly to the continuity and success of the enterprise. All organizations have a management structure that determines the relationship between functions and positions. Without proper care of higher, middle and lower levels of administration, it would be practically impossible for any management to run the organization smoothly. The better the organization the fuller would be the achievement of the common objective. Hence the study of the organization is of great importance. It helps to understand the organization better and become familiar with its functions. MRF LIMITED, an enterprise that was established in1946, in South India grew quickly to become one of India’s biggest tyre manufacturing companies, renowned for product superiority and innovation. MRF continues to be the leading tyre-maker in India. MRF inaugurated its Kottayam unit in 1969 as the second plant of MRF with a small rubber mixer and seven employees. The plant is engineered in four fully merged with the environment. World class rubber mixing facility with SCADA based recipe management, fully automated carbon handling systems and modern dust collecting systems keep the environment tidy. Facilities with upgraded systems for Tube, Tyre and PCTR manufacturing, deliver world class products. MRF Kottayam is certified with ISO 9001/ TS 16949, ISO 14001/OHSAS 18001-2007 etc. TPM initiatives improved the plant performance in all areas. MRF Kottayam unit also registered small scale energy saving projects for carbon credits and its liaison works with UNFCCC being done by consultants M/s. Ernst and Young. Its turnover crossed the 6100 crore mark in 2008. MRF has the widest product range among the domestic tyre companies as it makes tyres for all class of vehicles from trucks to two wheelers and

You May Also Find These Documents Helpful

  • Better Essays

    An organizational structure refers to the way that an organization arranges people and jobs so that its work can be performed and its goals can be met. When a work group is very small and face-to-face communication is frequent, formal structure may be unnecessary, but in a larger organization such as Barnes and Noble, decisions have to be made about the delegation of various tasks. Thus, procedures are established that assign responsibilities for various functions. It is these decisions that determine the organizational structure.…

    • 1089 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    ist 301

    • 1755 Words
    • 9 Pages

    Organizations exist to help direct human and capital resources toward activities that support the organization’s goals. The organization’s structure helps to determine the division of tasks, the roles and responsibilities of individuals within the organization, and the reporting lines of staff through…

    • 1755 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    unit 1 p4

    • 949 Words
    • 4 Pages

    In a good business, managers, the staff, both employers and employees all put their heads together to achieve their objectives. Organisation is what brings a company together and put in all the right screws and makes sure there order in the work environment. Organisation speaks a lot when it comes to a company’s management. To be organised is to have a group of people who come together to with intention to fulfil a goal. Organisation is that of more than two heads coming together to analyse a situation and looking into how to get the business onto greater heights.…

    • 949 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Organizations are about people. People are the most valuable asset that an organization can possess to create success. The development of these people and the ability for an organization to retain talent can be complex. An organization must be organized to communicate and provide the structure necessary for growth and development. They must also have the people within the organization understand their ability to grow and the directions available within the organization for growth.…

    • 1452 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    An organization is basically consciously coordinated social unit. There are three essentials to be an organization,…

    • 910 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    An organization is a collection of groups. The success of an organization depends on the ability of the groups within it to work together to attain commonly held objectives. Because organizations are becoming increasingly more complex, their leaders must be concerned with developing more cohesive and cooperative relationships between individuals and groups. Similarly, the development of effective groups or teams within the organization will determine, to a large extent, the ability of the organization to attain its goals.…

    • 1642 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Organizational Paradigms

    • 2614 Words
    • 11 Pages

    What are organizations? How do we construct successful organizations? What is the most effective organizational structure or culture? Jones (2007) defines an organization as a tool individuals use to coordinate actions in an effort to achieve goals. “Organizational culture is a by-product of the interaction between employer and employee” (Baker, 2009, p.28). The culture, values and objectives of the organization are established by organizational leaders. According to Ohm (2006), “it is the set of unspoken interactions, relationships and expectations that spell out “how we do business” around here (p.15).…

    • 2614 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    So therefore an organizational structure becomes a necessary part of human life but before elucidating organizational role and importance, it is necessary to understand its basic definition. According to intellectuals organization is “the amalgamation of social, political and economic institution in order to form such a system through which mankind meet out their needs”. By this, one can easily conceive the importance of organization and its role. As organization is the sum of political, economic and social institution, so it is quite vivid that without a proper and pragmatic leadership one cannot form a workable organization. An organization sans a good leader would be nothing but a pipe dream because leadership and organizational behavior are interdependent. Moreover a concord leadership pattern and organizational behavior are the guarantors of a strong and stable nation state.…

    • 1633 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    MRF Madras Rubber Factory

    • 1531 Words
    • 7 Pages

    SAP ENSURES A SMOOTH DRIVE AHEAD FOR MRF LIMITED, A LEADING PLAYER IN THE TYRE MANUFACTURING INDUSTRY…

    • 1531 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Organization is a social unit of people, systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. This document is about two different types of organizations like…

    • 5858 Words
    • 24 Pages
    Satisfactory Essays
  • Powerful Essays

    At the beginning of each academic year and at the end of the previous one the amount of information in educational institutions is increasing. The reason for that is the admission campaign. It is difficult for employees to process a large amount of data for such a short period of time. However in connection with development of computer technologies there was a possibility to automate many processes and to make this task easier for staff.…

    • 1367 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Superior Organization

    • 791 Words
    • 4 Pages

    The word “organization” can be really ambiguous. It may mean different things to different individuals. According to Macmillan English dictionary for advanced learners, organization has two meanings; a group of people who have a particular shared purpose or interest or the way in which different parts of something are combined or arranged in structural terms. When the dimension of business is introduced, business organization may refer to the physical aspects such as resources both human and material or it may refer to its core purpose and business activity. It may be argued that a definition of business organization that incorporates these two definitions is more holistic. Professor Child states that a superior organization is one of the last sustainable source of competitive advantage (Child, 2005, p.23).…

    • 791 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Worldwide Web

    • 4209 Words
    • 17 Pages

    For most of us, organizations are an important part of our daily lives. By organization, we mean two or more persons engaged in a systematic effort to produce goods or services. We all deal with organizations when we attend classes, deposit…

    • 4209 Words
    • 17 Pages
    Good Essays
  • Powerful Essays

    Management and business organization NOTES: Chapter 3 Introduction: 1. What is an organization:    Consists of two or more people that have consciously arranged to create a basis from which to function on a regular basis to achieve a common goal. Despite differences the four common factors that organisations share are: people,objectives, structure and management. Watson refers to 3 aspects of organisational life: o Importance of creative, critical and situation defining characteristics of the individuals within the organization. o Varieties of interests and goals among individuals and groups with emphasis on conflict and political behavior o Interaction between organization and general environment, and recognition of affects on the environment.…

    • 3474 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Principle Of Management

    • 3714 Words
    • 13 Pages

    An organization able to be described as management structure that determine relationships between functions and positions, and subdivides and delegates roles, responsibilities, and authority to carry out defined tasks in a section or department. Organizations able to be seen regardless in large or small scale and old or new concept, organization should be solid, permanent and orderly structured.…

    • 3714 Words
    • 13 Pages
    Powerful Essays

Related Topics