Expert team prepared top 20 sample questions and answers for Management Theory and Practice term end exam. Our top 20 sample questions cover essential topics and come with detailed explanations and examples based previous and upcoming exam of Management Theory and Practice. Must study book summary as well as important keywords glossary of Management Theory and Practice for descriptive type question as well as MCQ.
Top 20 Management Theory and Practice exam question ans
Q1: Define management and its nature and purpose.
Answer: Management is the process of planning, organizing, coordinating, directing, and controlling resources (including people, materials, and finances) in order to achieve organizational goals efficiently and effectively.
The nature of management is dynamic, as it involves working with and through people to achieve organizational objectives in a changing environment. Management requires a range of skills, including problem-solving, communication, decision-making, and leadership, as well as the ability to adapt to new circumstances and technologies.
The purpose of management is to achieve the goals of an organization, which may include increasing profits, enhancing productivity, improving customer satisfaction, or advancing a social or environmental mission. Management plays a critical role in guiding the organization’s strategy, coordinating its resources, and aligning its activities with the needs of stakeholders. Ultimately, effective management enables organizations to achieve their goals in a sustainable and responsible manner.
Q2: Discuss the evolution of management thought, including the classical approach and key figures such as Frederick Taylor and Henri Fayol.
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Q3: Explain the six-box organizational model and its relevance in understanding organizations.
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Q4: Describe the concept of a learning organization and the process of institutionalizing leadership of change.
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Q5: Analyze the role of culture in the business organization, including components of culture and how to effect cultural change.
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Q6: Discuss the implications of culture in management and strategies for minimizing conflict between administrative action and cultural values.
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Q7: Define data and information and their value as resources in organizational planning and administration.
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Q8: Explain common information technologies used in organizations, including decision support systems, expert systems, and group decision support systems.
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Q9: Discuss the types of managerial decisions and the decision-making process, including the importance of decision-making and the role of time pressures.
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Q10: Analyze the techniques for stimulating creativity in decision making and the role of information technology in decision making.
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Q11: Compare and contrast the classical and systems approach to management.
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Q12: Discuss the role of management in society and its impact on social and economic development.
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Q13: Evaluate the relevance of the mixed model organizational design and emerging concepts influencing organizational designs.
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Q14: Analyze the balance between leadership and management in organizations and its importance.
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Q15: Explain the invisible committee exercise and its relevance in understanding organizations.
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Q16: Discuss the concept of corporate culture and its impact on organizational performance.
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Q17: Analyze the role of communication in organizational culture and the strategies for effective communication.
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Q18: Evaluate the importance of teamwork competency in information technology.
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Q19: Discuss the implications of globalization on management decision making and organizational performance.
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Q20: Analyze the impact of technological advancements on organizational structure and management practices.
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