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IGNOU B.COM ECO 03 MANAGEMENT THEORY IMPORTANT QUESTIONS FOR DECEMBER 2020 EXAM

    IMPORTANT QUESTIONS ECO 03 1. "Planning is a process consisting of certain steps or series of sequential activities". Comment with suitable examples. Explain the importance of planning in an organisation and the limitations thereof. 2. Discuss various managerial functions that are basic and common to all organisation. 3 a) What do you mean by Management development Programme? Discuss few techniques of management development programmes. b)What do you mean by coordination? What is the need of coordinationn in today's business environment. Explain various management techniques in coordination. c) Explain different stages involved in control process. 4. Discuss briefly the 3 basic styles of leadership with example. Why is managerial leadership considered important in an organisation? 5. a) 'Organisation are made up of components each of which has unique properties, capabilities and mutual relationship'. Comment upon the statement. b) Discuss financial incentives a...

IGNOU ECO 03 MANAGEMENT THEORY IMPORTANT QUESTIONS

IMPORTANT QUESTIONS ECO 03 1.Explain briefly Programme Evaluation and Review Technique (PERT). How is it different from CPM (Critical Path Method). Discuss.  2. What do you mean by coordination? What is the significance of coordination? Discuss  management techniques in coordination. 3. a) Why is communication so important for any business organisation. b) Explain the process of communication. c) Characteristics of communication. d) What are the barriers to effective communication. 4. What do you mean by 'delegation of authority'? Explain the distinct elements of delegation. Discuss the barriers to effective delegation. 5. Explain Herzberg's Motivation Hygiene Theory. 6. Distinguish between: Delegation an Decentralization of authority Formal and Informal organisation Herzberg's Motivation Hygiene Theory and Maslow's Need Hierarchy theory 7. What do you mean by directing? Describe the princip...