Solution for Principles of Management 2019

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Q1. Management can be defined as “A process of bringing about improvement in knowledge, skill habit and attitudes of the employees in an organization”. Discuss.

Q2: “Decision making is the most critical managerial task.” Discuss the above statement in light of decision-making Process.

Q3: Select a business or political leader whom you admire, and identify his or her style of leading by applying the managerial grid or the continuum-of-behaviour model of Tannenbaum and Schmidt.

Q4: “The only planning tool we need in the company is the budget. If everyone meets his or her budget, we need nothing else, and management by objectives would be an unnecessary frill”. Comment.

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