MBA101 – Management Process and Organisational Behaviour

MBA Semester 1 MBA101±Management Process and Organisational Behaviour 4 'HILQH WKH WHUPV µVWUDWHJ\¶ ([SODLQ WKH IROORZLQJ a) Corporate strategy b) Business strategy c) Functional strategy Answer: Strategy:A strategy is a plan of action designed to achieve a specific goal or series of goals within an organizational framework. Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration Get Complete Answers onwww.smuhelp.com 4 'HILQH WKH WHUP µPDQDJHPHQW¶ ([SODLQ WKH %HKDYLRXUDO VFLHQFH WKHRU\ DQG 6\VWHPV theory. Answer: Definition of management: $FFRUGLQJ WR +DUROG .RRQW] ³0DQDJHPHQW LV DQ DUW of getting things done through and with people in formally organised groups. It is an art of creating an environment in which people can perform as individuals and can cooperate Get Complete Answers onwww.smuhelp.com Q3. Give the definition and importance of planning in an organisation and explain the Portfolio Matrix or BCG Matrix. Answer: Definition of planning:Planning can be defined as a basic management function which enables one to select the purpose of the business, and how the resources should be mustered Get Complete Answers onwww.smuhelp.com MBA 102±Business Communication Q1. List the barriers to listening. Explain any four.