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Engineering Economics and Management

R
Raviraj solanki

To Study of Reliance Industry with Managerial Functions Introduction to Reliance Industries Introduction to Management Study of Reliance at different managerial functions. A timeline study of Reliance performance and its resource utilization Conclusion 9537303105

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Shroff S. R. Rotary Institute Of Chemical Technology SUB :- EEM BRANCH :- EE (3 SEM) GUIDED BY :- MR. PRABIR PADHY -: BY :- JAIMIN ATODARIYA (150990109001) PATEL NISHANT (150990109008) RAVIJEET VASHI (150990109010) RAVIRAJ SOLANKI (150990109011)
To Study of Reliance Industry with Managerial Functions
Introduction to Reliance Industries Introduction to Management Study of Reliance at different managerial functions. A timeline study of Reliance performance and its resource utilization Conclusion
Introduction to Reliance :- In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani, it was started as a small textile manufacturer unit. In May 8, 1973 RIL was incorporated and conformed their name as RIL in the year 1985. The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private sector enterprise The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. The company operates in three business segments: petrochemicals, refining, and oil and gas. The petrochemicals segment includes production and marketing operations of petrochemical products.
Reliance Group :- Founded : 1966 Founder : Dhirubhai Ambani Headquarters : Mumbai, Maharashtra, India Key people : Mukesh Ambani , Anil Ambani Products : Crude oil, Natural gas, Petrochemicals, Petroleum, Polyester, textiles, Retail, Telecom
Reliance Industries Limited :- Mukesh Ambani Anil Ambani Head of the company's petroleum, petrochemical, and textiles operations Regrouped the company's telecommunications, energy, capital finance, and other operations into a new company
How Did the Journey Begin ?
A Journey of Rs 15000 to Rs 75000 Crore The business was setup in partnership with Champaklal Damani, Dhirubhais second cousin, who used to be with him in Aden, Yemen. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was 350 sq ft. room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own.
Introduction to Management The organization and coordination of the activities of a business in order to achieve defined objectives. Functions of Management Planning Organizing Leading Controllin g
Planning :- Planning is the first step of the function of management. Planning involves deciding in advance what has to be done, when, how and whom it has to be done and how the results are to be evaluated. Dhirubhai ambani says
Organising :- "Organisation is the process of defining and grouping the activities of the enterprise and establishing the authority relationship among them." There are two concept are prevalent about organisation. In the other word, there are two meaning of organization: Organizing as process Organizing as a structure of relationship
Engineering Economics and Management
Leading :- Leading is influencing people so that they will contribute to the organization and group goals; it has to do predominantly with the personal aspect of managing. Leaders are a special breed of individuals who can move people toward the attainment of established goals. Dhirubhai Ambani and Mukesh Ambani were the major leaders in development of Reliance.
Controlling :- Controlling is the management function in which performance is measured and corrective action is taken to ensure the accomplishment of organizational goals. The basic control process involves three phases that are cyclic: establishing standards, measuring performance, and correcting deviation. Reliance is actively being controlling its activity. Whether it may be a external or internal factor, Reliance has always tries to make the situation under control.
Engineering Economics and Management
RECRUITMENT PROCESS :- Reliance recruitment consists 3 process 1.Written Test(Aptitude) 2.Technical Written Test 3.Technical and HR Interview 1.Written Test(Aptitude) Mental Aptitude No of questions :75 Time Limit:35 Minutes Cut off 60% Common Topics, Ratio, progressions, simple logics, Comparisons, analogy etc..,
2.Technical Written test No of questions:50 Time Limit25 Minutes Cut off ;50% electronics networks 3. Technical and HR Interview It will take 1 hour about company About dream projects,hobbies etc..,
A Timeline study of Reliance performance and its resource utilization 1960-1980 1960 started Reliance with partnership 1965 partnership ended 1975 Company Expanded business in textile with brand name VIMAL 1980-2000 1985 to 1992 it expanded its yarn business, becoming major supplier in whole world 1993 RIL turned to overseas market for fund allocation 1996 Company entered Telecom sector 2001-2016 2002 RIL announced biggest Gas Project at Krishna Godavari Basin 2002 Death of Founder Dhirubhai Ambani 2002-06 Parted Reliance into two 2016 Launch of Jio 4G
As far as we have seen it can be concluded that Reliance had performed well in its managerial function, which are : Planning, Organizing, Lead and Control.
Engineering Economics and Management

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Engineering Economics and Management

  • 1. Shroff S. R. Rotary Institute Of Chemical Technology SUB :- EEM BRANCH :- EE (3 SEM) GUIDED BY :- MR. PRABIR PADHY -: BY :- JAIMIN ATODARIYA (150990109001) PATEL NISHANT (150990109008) RAVIJEET VASHI (150990109010) RAVIRAJ SOLANKI (150990109011)
  • 2. To Study of Reliance Industry with Managerial Functions
  • 3. Introduction to Reliance Industries Introduction to Management Study of Reliance at different managerial functions. A timeline study of Reliance performance and its resource utilization Conclusion
  • 4. Introduction to Reliance :- In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani, it was started as a small textile manufacturer unit. In May 8, 1973 RIL was incorporated and conformed their name as RIL in the year 1985. The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private sector enterprise The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. The company operates in three business segments: petrochemicals, refining, and oil and gas. The petrochemicals segment includes production and marketing operations of petrochemical products.
  • 5. Reliance Group :- Founded : 1966 Founder : Dhirubhai Ambani Headquarters : Mumbai, Maharashtra, India Key people : Mukesh Ambani , Anil Ambani Products : Crude oil, Natural gas, Petrochemicals, Petroleum, Polyester, textiles, Retail, Telecom
  • 6. Reliance Industries Limited :- Mukesh Ambani Anil Ambani Head of the company's petroleum, petrochemical, and textiles operations Regrouped the company's telecommunications, energy, capital finance, and other operations into a new company
  • 7. How Did the Journey Begin ?
  • 8. A Journey of Rs 15000 to Rs 75000 Crore The business was setup in partnership with Champaklal Damani, Dhirubhais second cousin, who used to be with him in Aden, Yemen. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was 350 sq ft. room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own.
  • 9. Introduction to Management The organization and coordination of the activities of a business in order to achieve defined objectives. Functions of Management Planning Organizing Leading Controllin g
  • 10. Planning :- Planning is the first step of the function of management. Planning involves deciding in advance what has to be done, when, how and whom it has to be done and how the results are to be evaluated. Dhirubhai ambani says
  • 11. Organising :- "Organisation is the process of defining and grouping the activities of the enterprise and establishing the authority relationship among them." There are two concept are prevalent about organisation. In the other word, there are two meaning of organization: Organizing as process Organizing as a structure of relationship
  • 13. Leading :- Leading is influencing people so that they will contribute to the organization and group goals; it has to do predominantly with the personal aspect of managing. Leaders are a special breed of individuals who can move people toward the attainment of established goals. Dhirubhai Ambani and Mukesh Ambani were the major leaders in development of Reliance.
  • 14. Controlling :- Controlling is the management function in which performance is measured and corrective action is taken to ensure the accomplishment of organizational goals. The basic control process involves three phases that are cyclic: establishing standards, measuring performance, and correcting deviation. Reliance is actively being controlling its activity. Whether it may be a external or internal factor, Reliance has always tries to make the situation under control.
  • 16. RECRUITMENT PROCESS :- Reliance recruitment consists 3 process 1.Written Test(Aptitude) 2.Technical Written Test 3.Technical and HR Interview 1.Written Test(Aptitude) Mental Aptitude No of questions :75 Time Limit:35 Minutes Cut off 60% Common Topics, Ratio, progressions, simple logics, Comparisons, analogy etc..,
  • 17. 2.Technical Written test No of questions:50 Time Limit25 Minutes Cut off ;50% electronics networks 3. Technical and HR Interview It will take 1 hour about company About dream projects,hobbies etc..,
  • 18. A Timeline study of Reliance performance and its resource utilization 1960-1980 1960 started Reliance with partnership 1965 partnership ended 1975 Company Expanded business in textile with brand name VIMAL 1980-2000 1985 to 1992 it expanded its yarn business, becoming major supplier in whole world 1993 RIL turned to overseas market for fund allocation 1996 Company entered Telecom sector 2001-2016 2002 RIL announced biggest Gas Project at Krishna Godavari Basin 2002 Death of Founder Dhirubhai Ambani 2002-06 Parted Reliance into two 2016 Launch of Jio 4G
  • 19. As far as we have seen it can be concluded that Reliance had performed well in its managerial function, which are : Planning, Organizing, Lead and Control.