Basic Principles of Management

Question 1

The act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.

Answer 1

Management

Question 2

Management is comprise of?

Answer 2

-planning
-staffing
-organizing
-directing
-controlling
-co-ordination

Question 3

Management is a social process involving responsibility for blank and blank planning & regulation of operation of an enterprise in the fulfilment of given purposes.

Answer 3

economical, effective

Question 4

involves the establishment of business goals and objectives, and determining the ways in which they will be achieved. It includes blank of vision, mission, objectives, and goals.

Answer 4

Planning

Question 5

the managerial function of acquiring, deploying, and retaining a workforce of sufficient quantity and quality to create positive impact on the organization’s effectiveness. It includes recruiting, selecting, hiring, training, and retraining.

Answer 5

Staffing

Question 6

it includes developing productive relationship amongst physical, financial, and human resources for achievement of organizational goals. It includes division of labor, delegation of authority, departmentalization, span of control, and coordination.

Answer 6

Organizing

Question 7

deals with influencing, guiding, supervising, motivating subordinates for the achievement of organizational goals. It includes supervision, motivation, leadership, and communication.

Answer 7

Directing

Question 8

it implies measurement of accomplishment against the standards and correction of deviation, if any, to ensure achievement of organizational goals. It includes establishing standards based upon objectives; measuring and reporting performance; comparing the two; and taking corrective/preventive action.

Answer 8

Controlling

Question 9

an integral element or ingredient of all the managerial functions. Manager ensures that there should be blank between actual performance & standard performance to achieve organizational goals.

Answer 9

Co-ordination

Question 10

facilitates co-ordination by integrating the various plans through mutual discussion, exchange of ideas

Answer 10

Co-ordination through Planning

Question 11

manager groups assign various activities to subordinates

Answer 11

Co-ordination through Organizing

Question 12

a manager should bear in mind that the right no. of personnel in various positions with right type of education and skills are taken

Answer 12

Co-ordination through Staffing

Question 13

the purpose of giving orders, instructions & guidance to the subordinates is served only when there is a harmony between superiors & subordinates.

Answer 13

Co-ordination through Directing

Question 14

3 Basic Roles of a Manager

Answer 14

1. Interpersonal role
2. Informational role
3. Decisional role

Question 15

roles managers assume to coordinate and interact with employees and provide direction to the organization

Answer 15

Interpersonal role

Question 16

symbolizes the organization and what it is trying to achieve

Answer 16

Figurehead role

Question 17

train, counsel, mentor and encourage high employee performance.

Answer 17

Leader role

Question 18

link and coordinate people inside and outside the organization to help achieve goals.

Answer 18

Liaison role

Question 19

This role involves handling, sharing, and analyzing information.

Answer 19

Informational role

Question 20

analyzes information from both the internal and external environment

Answer 20

Monitor role

Question 21

manager transmits information to influence attitudes and behavior of employees

Answer 21

Disseminator role

Question 22

use of information to positively influence the way people in and out of the organization respond to it

Answer 22

Spokesperson role

Question 23

This role requires decision making.

Answer 23

Decisional role

Question 24

Deciding upon new projects or programs to initiate and invest.

Answer 24

Entrepreneur role

Question 25

Assume responsibility for handling an unexpected event or crisis.

Answer 25

Disturbance handler role

Question 26

Assign resources between functions and divisions, set budgets of lower managers.

Answer 26

Resource allocator role

Question 27

Seeks to negotiate solutions between other managers, unions, customers or shareholders.

Answer 27

Negotiator role

Question 28

It includes identifying what is needed or has to be done.

Answer 28

Basic Management Actions