The Current Managerial Problems Faced by Garment Factories in Bengaluru

Authors

  • Dr. S. Jayalakshmi Priya Associate Professor, Department of Economics, Jnanabharathi campus Bangalore University, Bangalore Karnataka, India. Author

DOI:

https://doi.org/10.47392/IRJAEM.2024.0182

Keywords:

Joint management councils, garment factories labor absenteeism, job security, managerial problems, organizational goals

Abstract

The main objective of garment factories in Bengaluru was to increase production, sales, expenditure outlays and in short achieve the organizational goals of the company. The point to be mentioned is whether the garments have evolved from tailoring shops to modern textile mills? They have transitioned from private to public sector. The research gap tries to find out whether this transition has made the managerial goals align with the company goals. What were the difficulties faced by these managers in increasing production, maintaining capital funds, profit retention ratio, debt equity ratio, keeping shareholder’s owners& management happy, assurance of job security, maintenance of machines and other capital equipment, implementing various labour laws, discourage groupism and unionism, undertaking social security measures, prevent company takeovers but what was the result? Were organizational goals achieved? The research methodology followed was both primary and secondary data was collected and used for analysis. The findings showed that most of the garments are still privately owned and they have   implemented most of the labor laws but still have enshrined their main goals-profit, sales and growth maximization. Labor absenteeism was not tolerated at all.

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Published

2024-05-14

How to Cite

The Current Managerial Problems Faced by Garment Factories in Bengaluru . (2024). International Research Journal on Advanced Engineering and Management (IRJAEM), 2(05), 1334-1337. https://doi.org/10.47392/IRJAEM.2024.0182