B.Com In Banking & Insurance (BCBI) Sem I 2019 2020 Nov 2020 PRINCIPAL OF MANAGEMENT Question Paper - Mumbai University | munotes

Questions asked in this paper

• ii) Figures to the right indicate full marks

1. Q1 B) State whether the following statements are True or (any seven) 7 marks
   • 1) Management is a continuous process
   • 2) Staffing improves job satisfaction and morale
   • 3) Managers must behave professionally
   • 4) Committee organization are always formal
   • 5) JRD Tata was a strong advocate of social responsibility concept and fair trade practices
   • 6) Dual command is not dangerous
   • 7) Informal organization is not governed by rules
   • 8) Industrialists constitute the poorest section of the society
   • 9) Formal and informal organization are same
   • 10) Direction is the action element in business
2. Q2 A) Define profession. Is management a profession? 8 marks
   • b) Explain the distinctive contributions of F.W.Taylor 7
   • c) Discuss the concept of management. Explain its features. 8
   • d) Explain budgeting and reporting as function of management
3. Q3 A) What are the functions of management in insurance companies? 8 marks
   • b) Discuss the importance of controlling in management 7
   • c) Explain the planning function of management in a banking organization. 8
   • d) What is organization structure? Explain its importance. 7
4. Q4 A) Describe the organization structure in banking companies (any four) 8 marks
   • b) Write a note on the president of world bank. 7
   • c) Explain the contribution of Mr. Narayan Murty i the growth of Infosys. 8
   • d) Discuss the function of management relates to insurance
5. Q5 Write short notes on (any three)
   • a. Contemporary management
   • b. Directing
   • d. Management as a profession
   • e. Division oLabour

Read from the scan above, so a character or two may differ. The scan is the original.