Principle of Management

MBA

ROLL NO. ______

810006
GUJARAT TECHNOLOGICAL UNIVERSITY FACULTY OF MANAGEMENT STUDIES, GROW MORE FOUNDATION. MID-SEM EXAM OF FIRST SEMESTER OF M.B.A., NOVEMBER,2009.
SUBJECT :- PRINCIPLES OF MANAGEMENT DATE :- 11/11/2009 TIME :- 11:00P.M. TO 12:30 P.M. MARKS: 40

Instructions : (1) All question are compulsory. (2) Figure to the right indicate marks. (3) Keep your answers precise and to the point. Give example wherever necessary. Q-1 (a) What is management? Is it ‘art’ or ‘science’? Give your views. (b) What is the difference between efficiency and effectiveness? (c) Explain types of business organisations.

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Q-2 Short Notes: (any two) (a) Management Process. (b) Enlist Mintzberg’s Managerial Roles. (c) Objectives of Planning. (d) What is MBO? Discuss important element for MBO to be successful?

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Q-3 Explain Fayol’s Fourteen Principles of Management. OR Q-3 Who is Manager? Explain various management levels and skills required at these levels.

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Q-4 Definition (a) Organisation (b) Management (c) Middle Managers (d) Ethics (e) Conceptual skill (f) Business Forecasting (g) Planning (h) Operatives.

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Q-5 Explain in brief steps in Planning. OR Q-5 Case Study:
“DATA WILL SET YOU FREE”

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Ford CEO Alan Mulally is known for starting meetings by saying “Data will set you free” and for trying to change Ford’s culture to one that is based on increased accountability, more information sharing, and hard metrics. “You can’t manage a secret,” he is also fond of saying. Although it’s not clear whether Mulally’s approach will work at Ford, which is known for its self-contained fiefdoms where little information is shared, some companies have found that managing people according to hard metrics has paid off. Consider Freescale Semiconductor, a computer chip manufacturer based in Austin, Texas. Freescale has discovered that in order to have the right people at the right time to do the right job, it needs an extensive and... [continues]

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