B.Com In Banking & Insurance (BCBI) Sem II 2022 2023 Apr 2023 I BUSINESS LAW Question Paper - Mumbai University | munotes

Questions asked in this paper

• iii) Figures to the right indicate marks

1. Q1 A) Fill in the blanks (Any 8) 8 marks
   • i. is a major challenge to management
   • ii. Elton Mayo was an Psychologist ili, Inadequate data create is decision-making
   • iv. Decision-making is a activity
   • v. The term organisation is derived from the word Vi. decisions are taken collectively
   • vii. Matrix organisation is a combination of project
   • viii. Control is exercised of management
   • a) Atall levels b) At operational levels c) At administrative level d) At executive
   • ix. Control compares against a
   • x. Management is a system of
2. Q1 B) State whether the following statements are True or False: (Any 7) 7 marks
   • i) Management is getting the work done
   • ii)” Managers acts as a symbolic figurehead
   • iii) Decision-making is the core of planning function
   • iv) Policies are guidelines to actions
   • v) Organising arranges ways and means to execute business plan
   • vi) Authority cannot be delegated
   • vii) Decentralisation means concentration of power at
   • viii) Functional organisation is a modern organisation structure
   • ix) Self-control is better than external control
   • x) Control is inconsistent with freedom
3. Q2 (a) Explain the challenges in management. 8 marks
   • (b) Discuss the importance of management. 7
   • (c) Define management & state its main features. <D - SYBBI SEM-IV FOUNDATION COURSE 2and%HRS 8
   • (d) Explain the Henry Fayol’s Fourteen principle of management. 7
4. Q3 (a) What are the different types of group decision techniques. 8 marks
   • (b) What are the different types of plans. 7
   • (c) What is goal setting & explain its importance in an organisation. 8
   • (d) What is strategic planning? explain briefly strategic planning process. 7
5. Q4 (a) What are the different types of leadership styles ? 8 marks
   • (b) Explain briefly behavioural theory of leadership. 7
   • (c) Explain the bases of departmentation. 8
   • (d) What is meant by decentralisation? explain its merits and demerits. 7
6. Q5 (a) Discuss different control system in brief. 8 marks
   • (b) Why the controlling is the essence of management explain in brief. 7
7. Q5 Short Notes (Any 3) 15 marks
   • b) Role of a manager
   • c) Delegation of authority
   • d) Limitation of controlling
   • e) Features of group decision

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