Principles of Management Important Questions and Answers

Principles of Management Important Questions and Answers:

1. What are the objectives of planning?

Answer:

  1. To offset uncertainty and change
  2. To focus attention on objectives
  3. To help in coordination
  4. To help in control
  5. To increase organizational effectiveness.

2. List the steps in decision making process.

Answer:

  1. Develop specific objectives
  2. Identify the problem
  3. Search for alternatives
  4. Evaluate the alternatives
  5. Choose from the alternatives
  6. Make action
  7. Get the feedback/result.

3. What is the necessity of the organization?

Answer:

  1. Facilitate management action
  2. Encourage efficiency
  3. Effect on communication process
  4. Optimum use of organization resources
  5. Stimulate creativity
  6. Create job satisfaction.