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NIBM GLOBAL
FOURTH SEMESTER MBA
Subject : Perspective Management
Attend any 4 questions. Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)
Question. 1. Describe the role and responsibilities of Management.
Answer: Business management can be defined as the acquisition, allocation, and utilization of resources through planning, organizing, staffing, leading, and controlling. Management involves the coordination of human, financial, material, and information resources in order to realize company goals and operate a business efficiently. Managers are the employees charged with these responsibilities. Managers play a variety of roles in a company, summarized as interpersonal roles,
Question. 2. Write an essay on efficient management information system (MIS) which will enable management to plan, coordinate, organize and control its activities.
Answer:
Question. 3. What are the crucial factors of Long Term Planning(LRP)? Explain.
Answer: While most organizations understand the need to plan for the future, many don’t take concrete steps to identify where they want their business to go and even fewer have long-range plans. The gap between present realities and long-range strategic planning means many organizations meander along, never really achieving their full potential.
Long-range planning is an effective way
Question. 4. Explain the changing role of the supervisor.
Answer: In an informal survey of Federal self-directed teams recently conducted by an OPM support team, many agencies report that transitioning supervisors either into team leader roles or into oversight and mentoring positions was difficult. “We did some training, but we should have done a lot more,” another respondent observed. “Things may have gone a lot smoother.”
Traditional Role of the Supervisor
Question. 5. Explain the sources of innovation opportunities existing in the organization.
Answer:
Question. 6. What are the common characteristics of an innovative organization? Explain.
Answer: What makes a company innovative? Innovation is nothing more than a tool that enables companies to achieve unique, strategic goals. It should not simply be a slogan, nor an end unto itself, argues Jeffrey Baumgartner. To be truly innovative, an organization should have seven essential characteristics.
25 x 4=100 marks
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