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Fundamental of Management

Management is the effective utilization of human and material resources to achieve organizational objectives. It involves decision making which includes identifying problems, gathering information, generating and evaluating alternatives, choosing an option, implementing it, and following up. Planning is an important management function and involves setting objectives, identifying tasks, allocating resources, and evaluating results. Henry Fayol contributed to the evolution of management thought by identifying the key functions of management such as planning, organizing, commanding, coordinating and controlling.

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madhvendra99
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48 views

Fundamental of Management

Management is the effective utilization of human and material resources to achieve organizational objectives. It involves decision making which includes identifying problems, gathering information, generating and evaluating alternatives, choosing an option, implementing it, and following up. Planning is an important management function and involves setting objectives, identifying tasks, allocating resources, and evaluating results. Henry Fayol contributed to the evolution of management thought by identifying the key functions of management such as planning, organizing, commanding, coordinating and controlling.

Uploaded by

madhvendra99
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© © All Rights Reserved
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Download as DOC, PDF, TXT or read online on Scribd
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KNIPSS MANAGEMENT INSTITUTE, KNIPSS MANAGEMENT INSTITUTE,

FARIDIPUR, SULTANPUR FARIDIPUR ,SULTANPUR


B.B.A CLASS TEST -1, 2018 B.B.A CLASS TEST -1, 2018
(FIRST SEMSTER) (FIRST SEMSTER)
Fundamental of Management Fundamental of Management
Time Allowed: One Hour Time Allowed: One Hour
Maximum Marks: 10 Maximum Marks: 10
Section (A) Section (A)
Note: Answer any two questions. Note: Answer any two questions.
1. What is management? Explain the concept of management 1. What is management? Explain the concept of management
and bring out its importance. (3 marks) and bring out its importance. (3 marks)
2. “Management is the effective utilization of human and 2. “Management is the effective utilization of human and
material resources to achieve the enterprise’s objectives”. material resources to achieve the enterprise’s objectives”.
Comment. (3 marks) Comment. (3 marks)
3. What is decision- making? Explain the process of decision 3. What is decision- making? Explain the process of decision

making. (3 marks) making. (3 marks)

Section (B) Section (B)


Note: Answer any one question. Note: Answer any one question.
4. What is planning? Discuss the steps taken by management 4. What is planning? Discuss the steps taken by management

in the planning process. (4 marks) in the planning process. (4 marks)


5. Discuss the contribution of Henry Fayol in the evolution of 5. Discuss the contribution of Henry Fayol in the evolution of

management thought. (4 marks) management thought. (4 marks)

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