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5.
Assignments
1st
Set of Assignments (Modules 1 to 5)
Module 1
Basic
Principles of Management
Total: 100
Marks
Answer
the following questions. Each question carries 20 marks.
Question.
1. Define planning. Differentiate between strategic & tactical planning and
elaborate steps in planning.
Answer: Planning (also called forethought) is the process of thinking about and
organizing the activities required to achieve a desired goal. It involves the
creation and maintenance of a plan, such as psychological aspects that require
conceptual skills. There are even a couple of tests to measure someone’s
capability of planning well. As such, planning is a fundamental property of
intelligent behavior.
Also, planning has a specific process and is
necessary for multiple occupations (particularly in fields such as management, business,
etc.). In each field there are different types of plans that help companies
achieve efficiency and effectiveness
Question.
2. Explain Henri Fayol's fourteen 'Principles of Management' with examples.
Answer: Henri fayol’s 14 principles of management are remembered even today for
their simplicity and genius. The thing is, whenever you are managing something
or running a business, you cannot pinpoint what is going wrong.
The principles of management suggested 14
such steps which you can compare to your business, and find out where you are
missing out in proper implementation of the principles. This was especially
useful in the times when computers and modern software were not available.
Today, there are so many time tracking devices as well as
Question.
3. What is directing? Discuss the needs and obstacles in coordination.
Answer: It is a basic management function that includes building an effective
work climate and creating opportunity for motivation, supervising, scheduling,
and disciplining. DIRECTING is said to
be a process in which the managers instruct, guide and oversee the performance
of the workers to achieve predetermined goals. Directing is said to be the
heart of management process. planning, organizing, staffing have got no
importance if direction function does not take place.
Directing initiates action and it is from
here actual work starts. Direction is said to be consisting of human factors.
In simple words, it can be described as providing guidance to workers is doing
work. In field of management, direction is said to be all
Question.
4. Describe steps in quality circle working and explain Just in Time WIT).
Answer: A quality circle or quality control circle is a group of workers who do
the same or similar work, who meet regularly to identify, analyze and solve
work-related problems. Normally small in size, the group is usually led by a
supervisor or manager and presents its solutions to management; where possible,
workers implement the solutions themselves in order to improve the performance
of the organization and motivate employees. Quality circles were at their most popular
during the 1980s, but continue to exist in the form of Kaizen groups and
similar worker participation schemes.
Question.
5. Write short notes on : (any two)
a.
Managerial skills
Answer: Much like a professional basketball player needs to know how to dribble
and shoot a basketball, or how a home builder understands the process of
framing a house, managers also need to have a specific set of skills in order
to effectively perform their jobs. Managerial skills are what the manager uses
to assist the organization in accomplishing its goals. Specifically, a manager
will make use of his or her own abilities, knowledge base, experiences, and
perspectives to increase the productivity of those with whom they manage.
b.
Delegation
Answer: Delegation is the assignment of any responsibility or authority to
another person (normally from a manager to a subordinate) to carry out specific
activities, such as starting on proper tires during a wet race. It is one of
the core concepts of management leadership. However, the person who delegated
the work remains accountable for the outcome of the delegated work. Delegation
empowers a subordinate to make decisions, i.e. it is a shifting of
decision-making authority from one organizational level to a lower one.
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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us at : 08263069601
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