Subject Code: CT-26

Subject Title: Principles of Management

Assignment Code: 26/A1/ET
Coverage: As specified in syllabus plan.

There are four Questions. You are expected to attempt any Three Questions on a full
scape paper and send it to the Director of the institute. Mention your Name, Enrol No.,
Subject Code, Subject Title & Date of submission on your answer sheet. (For each
answer use a separate full scape paper. Your answer should be written in atleast 200-
300 words for each question. Causal and very short answers may be rejected.

Question 1: (a) “Management contains elements, those of a science and those of an art”
Comment. What are attributes of a profession? Is management a profession?
(b) What is Planning? Explain importance of planning in modern business.

Question 2: (a) What is decision making? Explain three phases in decision making
process.
(b) What do you understand by the concept of management by objectives?

Question 3: (a) What do you mean by centralization and decentralization of authority?

(b) What do you understand by Staffing? Describe its function.

Question 4: Write notes on:

(a) Transaction Processing Systems
(b) Benchmarking
(c) Methods of Communication
(d) Principles of Direction
 SECOND ASSIGNMENT
(OBJECTIVE TYPE)

Note: Read the following statements carefully and indicate on the response sheet
whether the statements are True or False. In case of false statement, write correct
statement on a separate sheet and enclose it with the response sheet of IInd assignment
(Objective Type).
1. Principles of management are universal.
2. Management is a system of authority.
3. In MBO, objectives are set for the organisation or the unit as well as for specific
individuals.
4. Decision making is a process rather than single step.
5. The origin of management is traced from the days of human life.
6. Leadership basically works on the concept how do you change from ‘reaction’ to
‘action’.
7. Staffing does not involves training and development of workers.
8. Performance of individual products can be easily assessed to distinguish between
profitable and unprofitable products in departmentalisation by product.
9. Today the management is also computerized.
10. Management is not answerable to the society.
11. Delegation does not ensures coordinated efforts.
12. Effective Communication requires a quality relationship between people
immediately connected with each other.
13. Firm is a social institution.
14. Decision depends upon situation.
15. Autocratic style leaders gives little or no direction to the group.
16. Staffing is the psychological technique of executing the plans.
17. Decision making is the most important function of management.
18. Management directs the organisation & Provides Innovation.
19. Mechanistic decisions and analytic decisions correspond to basic decisions.
20. According to Maslow, the urge to fulfil needs is a prime factor in motivation of
people at work.
21. Principle of Management is static.
22. Planning is ‘task number one’ of management.
23. The theory X style of leaders believe that most people like work.
24. Control is exercised only at middle and lower level of management.
25. Management should strictly follow the rules and regulations and the laws of the
land.
26. Management is a line between 2 points i.e. where we are and where we want to
be.
27. Motivation is the productivity factor in industry.
28. MBO means change which implies upheaval and disturbances.
29. Communication is to tell to inform, to show or to spread information.
30. Communication is two-way traffic.
31. Principles of scientific management was given by Henry Fayol.
32. The term organization refers to a mechanism which enables men to live together.
33. In decentralisation top management exercises maximum control.
34. Control is backward looking process.
35. Centralization refers to a unsystematic reservation of authority at central points
within the basis of time span.
36. Management ensures better utilization of an factors of production.
37. The most Important Implication of professionalism is the preparation of a code
of conduct.
38. Direction is only issuing orders and instructions by a superior to his
subordinates.
39. Control should aim at correctives first and prevention afterwards,
40. Manpower planning can be classified on the basis of time span.
41. Communication helps the administration in arriving at vital decision.
42. As an collective noun organising refer to the concept of the process by which a
leader groups his men In order to get the work done.
43. According to path goal leadership theory leader should understand the needs of
the people.
44. The term Direction’ stands for those managerial functions which initiates
organized action.
45. Planning is a primary function.
46. Every manager should be racial and biased towards the official,
47. Work of executives decreases in functional organisation.
48. The term MBO was coined by Peter Drucker.
49. Leadership represents an abstract quality in a man.
50. Delegation provide authority and create accountability.
51. Direction is not the key to the achievement of the desired result.
52. The leader leads his group with authority and confidence.
53. Performance = Ability x Motivation
54. Through directions management initiates actions in the organisation.
55. Establishment of appropriate centralisation is the first step in decentralisation.
56. ERP is the method of effective planning of the all the resources in an
organisation.
57. Control is the primary function of the process of management.
58. Job description describes the job and specifies the requirements of a job.
59. Greater control, discipline and better direction is possible in line organisation.
60. Leading involves motivating and communicating.