Technical Practicality: 

The duties assigned to the employees have a structure to keep the workload managed.

The workload should resonate with the skill and efficiency levels of the employees.

As we have discussed, Man, Now it’s time to talk about the non-human aspect.

Managers should know the availability and requirements of the types of equipment required to have proper functioning at the workplace.

The organization should provide the required pieces of equipment to their employees.

The nature of the duties reflects the perception employees have of themselves and others.

Challenges bring the best out of employees. It makes them more dedicated to the task.

Crucial responsibility is given to the workers and hence is the self-confidence and motivates them to work hard on the designated job.

The manager should focus on the behavioral aspect of the employees as these behavioral traits of employees have a significant role in the effectiveness of the organization.

Economic Feasibility:

Every organization is running because of the motive to earn profits. 

To attain their goal, they need to cut their expenses without going harsh on the quality of their product.

There are some costs that the manager can check on to reduce the extra cost. 

Cost highly depends upon the nature of the organization. 

A) Raw Materials

B) Maintainance of Stocks

C) Remuneration to employees

D) Cost of equipment

E) Rent

F) Bills

All the expenses should be cost-effective at the level of production.

Workability:

Workability plays a meaningful role in providing the best possible product to the customers.

Workability helps to cater to the audience for their satisfaction.

It helps the organization to increase its market share to earn profits.

Exhibit workability is the process of shifting the concentration of an organization from one product to another.

It can be helpful for the business to produce additional products in short collections for diversity.

Volume-Based workability states that an organization must know how to increase and decrease its product per the market condition.

It is not viable to produce a higher volume of goods whose demand is not stagnant. Organizations having these kinds of products need to have their resources flexible.

Managing the term cycle

The business should follow a set period with intervals for the inspection of profits and losses and the expenses incurred in the organization in that particular period.

It helps the business to analyze and compare the two periods, helping them to create strategies for the next term. 

Disclosure

A business needs to disclose relevant information to its stakeholders, but by no means does it states that a business should disclose its business secrets.

The relevant information is different for different people. For a creditor, relevant information could be the ability to repay the debt of the business.

 It is crucial to disclose the relevant information, but it doesn’t mean to disclose the relevant information also.

 The company needs to disclose the information that holds some material value. Material value could be different for different levels/organizations.

Planning

Preparing for the long-term goal helps to future-proof the business.

While manufacturing the finished goods, organizations should also think about the expansion factor.

Organizations should evaluate the room for expansion as prior planning for the growth helps to save a lot of money and

resources in the future.

Organizations want to manage their resources as efficiently as possible.

It is necessary to have the whole process in synchronized way.

When an organization wants to start a new establishment like a factory, they want to open a factory near the old establishment.

It saves them a lot on costs and resources.

The business operates in an uncertain environment.

Organizations maintain adequate amounts of inventory to battle this problem.

It helps the organization to be ready at the right time in the right place. It also prepares the organization for unforeseen circumstances.

 Designing helps to determine the pathway and potential changes required to achieve goals.

It helps the manager to identify the requirement of resources. It also helps identify the employee’s goals and necessities, which can help frame the motivational plans for employees.

Administrating collects the above three functions and deploys them to one common goal.

Administrating directs the pathway by putting things to action. The manager uses leadership, motivation, communication, etc. It helps to guide the employee.