MG2351 - PRINCIPLES OF MANAGEMENT

Unit - II

1. Define Planning.
2. Mention any four types of plans.
3. What is a policy?
4. What do you mean by strategy?
5. Define objective.
6. What is MBO?
7. What are the benefits of MBO.
8. What is the purpose of TOWS Matrix?
9. What is decision making?
10. Differentiate Programmed decision and non programmed decision.

Part B

1. Explain the nature and importance of planning. (8 marks)

2. Explain the planning process. (16 marks)
3. Describe the various types of plans (16 marks)
4. Explain the process of MBO. Explain its Merits and demerits. (16 marks)
5. Explain any two types of strategies. (8 marks)
6. Explain the various types of decision making and discuss the process involved in
decision making. (16 marks)