Management Principles and Practices Quiz

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Explain the concept of management.

Management is the administration of organizations, involving the coordination of efforts to accomplish goals through available resources.

What are the two concepts used in management to differentiate between the continued delivery of goods or services and adapting to meet changing needs?

Run the business" and "Change the business.

What are the important instructions to examiners for assessing answers in the Winter 2022 examination for the subject 'Elements of Machine Design'?

  1. The answers should be examined by key words and not as word-to-word as given in the model answer scheme. 2) The model answer and the answer written by candidate may vary but the examiner may try to assess the understanding level of the candidate. 3) The language errors such as grammatical, spelling errors should not be given more importance (Not applicable for subject English and Communication Skills. 4) While assessing figures, examiner may give credit for principal components indicated in the figure. The figures drawn by candidate and model answer may vary. The examiner may give credit for any equivalent figure drawn. 5) Credits may be given step wise for numerical problems. In some cases, the assumed constant values may vary and there may be some difference in the candidate’s answers and model answer. 6) In case of some questions credit may be given by judgement on part of examiner of relevant answer based on candidate’s understanding. 7) For programming language papers, credit may be given to any other program based on equivalent concept.

What does the term 'management' also refer to?

It may refer to those people who manage an organization—managers.

What are the major degree programs in management within the private sector?

Bachelor of Commerce (B.Com.), Bachelor of Science/Bachelor of Business Administration(BSBA/BBA.),Bachelor of Business Information Systems (BBIS), Master of Business Administration (MBA).

What is the subject code for the Winter 2022 examination model answer for 'Elements of Machine Design'?

22564

What certification has been obtained by the Maharashtra State Board of Technical Education?

ISO/IEC - 27001 - 2013 Certified

What is the nature of errors that should not be given more importance while assessing answers (excluding English and Communication Skills)?

Language errors such as grammatical, spelling errors

How should the examiner assess figures drawn by the candidate in the Winter 2022 examination for 'Elements of Machine Design'?

The examiner may give credit for principal components indicated in the figure. The figures drawn by candidate and model answer may vary. The examiner may give credit for any equivalent figure drawn.

Test your knowledge of management principles and practices with this quiz. Explore topics such as business administration, nonprofit management, and public administration. Challenge yourself with questions on managing resources, organizational activities, and more.

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