Principles and Practices of Management

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National Institute of Business Management

Chennai – 020

FIRST SEMESTER EMBA/ MBA

Subject : Principles and Practices of Management

 

Q.1.Explain the different activity levels of Management.

Ans: – Management:- Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization or initiative to accomplish a 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

 

  1. Explain the different steps in Planning.

Ans: – Planning: – Planning (also called forethought) is the process of thinking about and organizing the activities required to achieve a desired goal.

Planning involves the creation and maintenance of a plan. As such, planning is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans; that is, it combines forecasting of developments with the preparation of scenarios of how to react to them.

 

 

Q.3.Discuss the classical principles of good Management.

Ans: – Management: – Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization or initiative to accomplish a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources,

 

Q.4.Explain Manpower Planning Process.

Ans:- Manpower Planning:- Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set procedure. The procedure is as follows:

  • Analysing the current manpower inventory

 

Q.5 Describe the guiding principles of Directive functions.

 

Q.6Explain the role and significance of Communication.

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