Principles & Practice of Management

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Examination Paper

Principles and Practice of Management

Section A: Objective Type (30 marks)

Part one:

Multiple Choices:

1. A plan is a trap laid to capture the ________.
Ans.: A) Future

2. It is the function of employing suitable person for the enterprise
Ans.: B) Staffing

3. ___________ means “ group of activities & employees into departments”
Ans.: D) Departmentation

4. This theory states that authority is the power that is accepted by others
Ans.: A) Acceptance theory

5. It means dispersal of decision-making power to the lower levels of the organization
Ans.: A) Decentralization

6. This chart is the basic document of the organizational structure
Ans.: C) Master Chart

7. Communication which flow …show more content…

The subordinates give obedience to the mangers because they visualize the following advantages…
a. Receipt of financial incentives.
b. Contribution in attaining the objectives of the enterprise.
c. Fulfillment of responsibilities.
d. Appreciation from colleagues.
e. Setting of an example for others.
f. Responsibility to leadership of superior.
g. Moral obligation because of regard for old age, experience, competence, etc.
According to acceptance theory, authority flows from bottom to top. A manager has authority if he gets obedience from the subordinates. Subordinates obey the managers because of the fear of losing financial rewards. This theory emphasizes sanctions that a manager can use and overlooks the influence of social institutions like trade unions.

Section B: Case lets (40 marks)

Case let 1

1. Critically analyze Mr. Vincent’s reasoning.

Ans.: In spite of following the traditional management skills, Mr. Vincent was a good and successful manager. Professor discussed about various approach of management that was more than the traditional routine of Mr. Vincent. Mr. Vincent felt that he very well could management the supermarket successfully and the professor was making things complicated. He was forced to know the non-traditional approach towards the management for the test. Because he was confident thinking that whatever he knows is enough to successfully

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