For beginners i.e 11, 12 & First year

1. Principles of Management
FY BBA(CA), FY BBA, FY BBA (IB)
Dr Aparna Deshmukh
(M.Com,MBA,B.Ed,PhD)
Channel : “VIDYAPEETH” : The Knowledge Dias
4/10/2021
Dr Aparna Deshmukh 1

2. 4/10/2021
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M
A The Manager
N
A
G Knowledge
E
M
E The People
N
T Technology. Tactics
Management = Manage + Men + Tactfully

3. Definitions
 “Management is the art of getting things done through and with
people in formally organized groups” --- Koontz
 “Management is the art of knowing what you want to do and
then seeing that it is done in the best and cheapest way”
F .W. Taylor
 “Management is the accomplishment of results through the
efforts of other people” --- Lawrence
 “Management is to manage is to forecast and plan, to
organize, to command, to coordinate and control”.
Henry Fayol (1916)
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4. Nature / Characteristics of Management
 Multidisciplinary
 Dynamic nature of Principles
 Relative, Not absolute Principles
 Management: is profession, Science or Art
 Universality of management
 Activating Employees
 Management is a continuous process
 Is Intangible , Is group Activity
 Is different from Ownership
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5. Lets test what we learned……….
1) To manage is to forecast and plan, to organize, to compound, to co-ordinate and to control. This definition
was given by____________.
 (a)Peter F. Drucker.
 (b)Henry Fayol.
 (c)Louis Allan.
 (d)Terry.
2) Management is________________.
 (a)An art.
 (b)A science.
 (c)An art and a science.
 (d)An art not science.
3) Management is the art of getting things done through and with an informally organized_____________.
 (a)Harold Koontz.
 (b)Terry.
 (c)Louis Allan.
 (d)Henry Fayol. 4/10/2021
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6. 4) Management is an organ, organs can be described and defined only through
their functions. This definition was given by ____________.
 (a)Peter F. Drucker.
 (b)Terry.
 (c)Louis Allan.
 (d)Henry Fayol.
5) Management is what a manger does_____________.
 (a)Peter F. Drucker.
 (b)Terry.
 (c)Louis Allan.
 (d)Henry Fayol.
6) Which one of the following statement is not correct?
 (a)Management is a continuous process
 (b)Management is a dynamic process
 (c)Management is a ongoing process
 (d) Management is a rigid process
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7.  7) Management is the art and science of decision making and leadership -
 (a)Harold Koontz.
 (b)Donald J Clough
 (c)Terry.
 (d)Henry Fayol.
 8) Which one of the following is not an importance of management?
 (a)Integrating various interest groups
 (b)Disciplining employees
 (c)Developing Society
 (d) Inculcating creativity
 9) In which category does management fall?
 (a) Well-established profession
 (b) Semi-profession
 (c) Emerging profession
 (d) Marginal profession
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8. 10) Management is multidimensional because it has ___ dimension(s).
 (a) One
 (b) Two
 (c) Three
 (d) Four
11) Management is a ___ directed process as it aims at achieving specified goals.
 (a) Continuously
 (b) Future
 (c) Goal
 (d) Deliberately
12) Management is considered to be an art because
 (a) The principles of management have universal validity
 (b) The principles of management have universal application
 (c) Different principles of management are brought into effect differently by different managers
 (d) It is not important for the practicing managers to be a member of a professional association.
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9. 13) . Management is considered important because
 (a) It helps an organization to adapt to the changes
 (b) Seeks to integrate individual efforts
 (c) It helps in development of the society
 (d) All of the above
14) Which of the following statements is not relevant to the concept of “Management as an inexact
science”?
 (a) The principles of management lack universal validity
 (b) The principles of management lack universal applicability
 (c) The principles of management have to be modified according to the given situation
 (d) Management involves dealing with human behavior and outcomes cannot be predicted with utmost
accuracy
15) Principles of management are not:-
 (a) absolute
 (b) Behavioral
 (c) universal
 (d) Flexible
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10. 16) Principles of management are significant because of:-
 (a) Initiative
 (b) Increase in efficiency
 (c) Optimum utilization of resources
 (d) Adaptation to changing technology
17) What involves a series of steps to be taken to accomplish desired goals? Principles are guidelines to
make decisions or actions while practicing______________
 (a) Values
 (b) Techniques
 (c) Programmes
 (d) Actions
 18) Management is a ___________and involves a series of continuing and related activities.
 (a) Path
 (b) Way
 (c) Process
 (d) route
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11. 19) ______________is a universal Concept.
 (a)Management
 (b)Organization
 (c)Administration
 (d)None of these
20) Which of the following is not true
 (a)Management is universal
 (b)Management is Art
 (c)Management is a social process
 (d)Management is always bureaucratic
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