Chapter 2 Solutions — Principles of Management

Exercises

1. 1.
   What makes principles of management flexible?
2. 2.
   State the main objective of time study.
3. 3.
   Name the principle that is an extension of the 'harmony, not discord'.
4. 4.
   State any two causes of fatigue that may create hindrance in the employee's performance.
5. 5.
   SanakLal and Gagan started their career in Wales Limited (a printing press) after going through a rigorous recruitment process. Since they had no prior work experience, the firm decided to give them one year to prove themselves. Name the principle of management followed by Wales Limited.
6. 6.
   Which technique is used by Taylor for distinguishing efficient and inefficient workers?
7. 7.
   How is the Principle of 'Unity of Command' useful to management? Explain briefly.
8. 8.
   Define scientific management. State any three of its principles.
9. 9.
   If an organisation does not provide the right place for physical and human resources in an organisation, which principle is violated? What are the consequences of it?
10. 10.
    Explain any four points regarding significance of principles of management.
11. 11.
    Explain the principle of 'Scalar Chain' and gang plank.
12. 12.
    A production manager at top level in a reputed corporate, Mr. Rathore holds the responsibility for ordering raw material for the firm. While deciding on the supplier for the financial year 2017-18, he gave the order to his cousin at a higher price per unit instead of the firm's usual supplier who was willing to lower the rates for the order. Which principle of management was violated by Mr…
13. 13.
    Explain the Principles of Scientific management given by Taylor.
14. 14.
    Explain the following Principles of management given by Fayol with examples: a. Unity of direction b. Equity c. Espirit de corps d. Order e. Centralisation and decentralisation f. Initiative
15. 15.
    Explain the technique of 'Functional Foremanship' and the concept of 'Mental Revolution' as enunciated by Taylor.
16. 16.
    Discuss the following techniques of Scientific Work Study: a. Time Study b. Motion Study c. Fatigue Study d. Method Study e. Simplification and standardisation of work
17. 17.
    Discuss the differences between the contributions of Taylor and Fayol.
18. 18.
    Discuss the relevance of Taylor and Fayol's contribution in the contemporary business environment.
19. 19.
    'Bhasin' limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run the company directed its…
20. 20.
    (Further information related to the above question) The management of company Bhasin Limited now realised its folly. In order to rectify the situation it appointed a management consultant - Mukti Consultants - to recommend a restructure plan to bring the company back on the rails. Mukti Consultants undertook a study of the production process at the plant of the company Bhasin Limited and…