Principles and Practices of Management (Part -1)

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National Institute of Business Management
Chennai - 020
EMBA/ MBA

Principles and Practices of Management (Part -1)

Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)

Q. 1.       Management is what Management does. Justify the statement and explain.

Answer: Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively.  Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organization.





Q. 2.       Explain the Principles of Management.

Answer:Management principles are guidelines for the decisions and actions of managers. They were derived through observation and analysis of events faced in actual practice.These can be used to initiate and aid the processes of change, organization, decision making, skill management and the overall view of the management function.

Division of Work: According to this principle the whole work is divided into small tasks.The specialization of the workforce according to the skills




Q. 3.       Describe the techniques of effective coordination.

Answer:Co-ordination is the unification, integration, synchronization of all efforts of group member so as to provide unity of action in the pursuit of common goal. Techniques of Effective Coordination The key to coordination is effective organizational communication.

The main-techniques of effective coordination are as follows:

1. Sound planning:





Q. 4.       Explain an ideal planning period depending upon commitment principle.

Answer:

Q. 5.       Explain the features of an open door organization.

Answer:An organization is a setup where individuals from diverse backgrounds, different educational qualifications, varied mentalities and temperaments join hands to work towards a common goal. It is the culture of the workplace which unites all the employees, help them enjoy their work and deliver their level best.

The values, policies, ideologies and beliefs of an organization form its culture. The culture of any work place decides the way employees behave



Q. 6.       Explain the different approaches to leadership and its role in management.

Answer:

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