Principles and Practices of Management - 1560 Words

Principles and Practices of Management Subject Code – B-101 Section A: Objective Type Q1. A plan is a trap laid to capture the ___________ a) Future Q2. It is the function of employing suitable person for the enterprise: b) Staffing Q3. ______________ means â€Å"group of activities employee into departments†: (d) Departmentation Q4. This theory states that authority is the power that is accepted by others. a) Acceptance theory Q5. It means dispersal of decision making power to the lower levels of the organization. (c) Dispersion Q6. This chart is the basic documentation of the organizational structure. (c) Master Chart Q7. Communication which flow from the superiors to subordinates with the help†¦show more content†¦This person has one or more person reporting to him as his subordinates. The people reporting to the top boss form the second level of people in the organization structure. Each of the persons at the second level may have one or more persons reporting to him or her. Thus people at second level report to their manager and supervisor and, in turn, other employees report to them. Employee at third level of organization may have other employees reporting to them. In this way an organization may have several levels, at the lowest level are employee who report to their boss, but no one reports to them. In this kind of organization a person is related to other persons in the organization only in the direct reporting relationship of subordinate and supervisor. In a line organization a person receives orders and instructions only from his boss. Similarly a person is authorised to instruct and direct only the persons reporting directly to him or her. Compliance of decisions and directives of a person is dependent on the formal authority enjoyed by the person as a supervisor. A person can exercise no authority over an employee not reporting directly to him or her. Q4. Write a shot note on â€Å"acceptance theory† Ans. Acceptance Theory was propounded by Chester Bernard. This theory states that authority is the power that is accepted by others. Formal authority is reduced to normal authority if it is not accepted by the subordinates. TheShow MoreRelatedPrinciples and Practices of Management6031 Words   |  25 PagesPRINCIPLES AND PRACICE OF MANAGEMENT( Unit-1) MANAGEMENT Management makes remarkable differences between the companies regarding their performance in term of productivity , products, sales, profitability, service to the customer, employee welfare etc. Management plays a vital role in deciding the destiny of business as well as non-business organisations. 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A plan is a trap laid to capture the ________Read MorePrinciples and Practices of Management1349 Words   |  6 PagesExamination Paper of Principles and Practices of Management 1 IIBM of Business Management IIBM Institute of Business Management Examination Paper MM.100 Principles and Practices of Management Subject Code-B101 Section A: Objective Type Short Questions (30 marks) ï‚ · This section consists of multiples choice and short notes type questions ï€   ï€   ï‚ · Part one carries 1 mark each part two carries 5 marks each. ï€   ï‚ · Attempt all questions ï€   Part One Multiple Choices: 1. A plan is a trap laid toRead MorePrinciple Practice of Management1608 Words   |  7 PagesPRINCIPLE amp; PRACTICE OF MANAGEMENT International Case : Carrefour — Which Way to Go? How should Mr. Durant assess the opportunities in various countries around the world? Mr.  Durant,  the  new  CEO  since  2005,  embarked  on the new strategy by offering 15percent new products in its hypermarkets and 10 percent in its supermarkets. Moreover, he wants to employ more staff, extend the operating hours in certain hypermarkets, cutting prices, trying small stores, and pushing down decision making. MrRead MorePrinciple Practice of Management1622 Words   |  7 PagesPRINCIPLE amp; PRACTICE OF MANAGEMENT International Case : Carrefour — Which Way to Go? How should Mr. Durant assess the opportunities in various countries around the world? Mr.  Durant,  the  new  CEO  since  2005,  embarked  on the new strategy by offering 15percent new products in its hypermarkets and 10 percent in its supermarkets. Moreover, he wants to employ more staff, extend the operating hours in certain hypermarkets, cutting prices, trying small stores, and pushing down decision making. Mr. DurantRead MorePrinciples Practice of Management2003 Words   |  9 Pagesï » ¿Examination Paper Principles and Practice of Management Section A: Objective Type (30 marks) Part one: Multiple Choices: 1. A plan is a trap laid to capture the ________. Ans.: A) Future 2. It is the function of employing suitable person for the enterprise Ans.: B) Staffing 3. ___________ means â€Å" group of activities employees into departments† Ans.: D) Departmentation 4. This theory states that authority is the power that is accepted by others Ans.: A) Acceptance theory Read MorePrinciples and Practices of Management1800 Words   |  8 PagesPrinciples and Practices of Management Assignment A Marks 15 Answer all questions. 1. What were the Hawthorne studies? What effect did they have on the Management practices? 2. What steps can an organisation take to increase the motivational force for high levels of performance? 3. Explain briefly various Management Functions. What is the basis for saying that planning is the most crucial management function? Discuss. 4. Explain the MBO Process. 5. Elucidate the relationship betweenRead MoreManagement Principles and Practice7126 Words   |  29 PagesTable of Contents * The meaning of Management * Management Functions and Process * Management Approaches * Motivation Theory * The Meaning of Management Management may be defined in many different ways: â€Å"Management is the development of people and not the direction of things† - Lawrence A Appley â€Å"Management is defined as the process by which a co- operative group directs action towards common goals† - Joseph Massie â€Å"Management is a distinct process consisting of planningRead MorePrinciples and Practice of Management2867 Words   |  12 Pagesworkplace. They are expected to bend their will to rules and regulations. Witnessing the difference between the two cultures the young workers, naturally, began to oppose the regulatory mechanism devised by top management. The pent-up feelings of frustration and resentment against management, like a gathering storm, have resulted in volcanic eruptions leading to violent arguments between young workers and foremen on the shop-floor. In the process production has suffered, both quantitatively and qualitativelyRead MorePRINCIPLES AND PRACTICES OF MANAGEMENT2416 Words   |  10 Pagessafety Needs 3. Social Needs 4. Esteem or ego needs 5. Self – actualization needs. 2. Define Management By Objectives. According to John Humble - Management By Objectives or â€Å"MBO is a dynamic system which integrates the company’s need to achieve its goals for profit and growth, with the manager’s need to contribute and develop himself.† In other words, MBO is a dynamic system of management; it recognizes the need of the manager to achieve and to grow on the job and it integrates the individual