Merits and demerits of using management inventory chart


Question1)a) What are the objectives of a business enterprise? Briefly explain.

b) Explain the systems approach to operational management and its significance to organizational management.

c) Explain the importance of limiting factor in decision-making.

Question2)a) How do Objectives exist in hierarchy and they also form network? Explain with suitable example.

b) “The only planning tool we need in this company is the budget. If everyone meets his/her budget, we need nothing else and MBO would be an unnecessary frill.” Comment.

c) Explain the factors that influence effective span. State the reasons for managers to adopt a narrow span.

Question 3)a) What is the need for Training and Development? Explain how training is imparted using external approach.

b) Explain the systems approach to Human Resource Management adopted in an enterprise.

c) Explain basic steps followed in conducting a performance appraisal.

Question 4)a) How are staff functions different from the Line Manager’s functions? Explain the possible challenges that are to be overcome by staff and line managers in performing their duties in the organization, without conflict of interest between them.

b) Explain the “process of communication”. What are the different barriers to effective communication?

c) Explain the possible styles of leadership amongst managers based on their concerns towards production and people.

Question 5)a) In the context of you heading the division in a top enterprise, would you propose to promote informal & grapevine communication? Justify your comment.

b) What is a Master Budget? Explain the different components of the Master Budget.

c) What is a Management Inventory Chart? Explain the merits and demerits of using it.

Question 6)a) List the different principles of organizing. Explain the Matrix type of organization structure.

b) Explain the control technique using the “Return on Investment”, experimented first by DuPont.

c) How do you apply human factors in managing? Explain with suitable examples.

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