Bachelor’s Degree Programme
(BDP)
ASSIGNMENT
2015-16
Elective Course in Commerce
ECO – 03: MANAGEMENT THEORY
For July 2015 and January 2016 admission cycle
School of Management Studies
Indira Gandhi National Open University
Maidan Garhi, New Delhi -110 068
ECO - 03
Elective Course in Commerce
ECO – 03: Management Theory
ASSIGNMENT- 2015-16
TUTOR MARKED ASSIGNMENT
Course Code: ECO-03
Course Title: Management Theory
Assignment Code: ECO-03/TMA/2015-16
Coverage: All Blocks
Maximum Marks: 100
Attempt all questions.
1. “Management Principles focus on one of the best ways of doing things and are prescriptive”. Do you agree? Give reasons and explain various principles of management. (6+14)
2. What is meant by morale? Outline the factors that influence the morale of employees in an organization. What is the significance of leadership vis a vis morale? (4+8+8)
3. Distinguish between the following:
i) Strategic and Tactical Planning
ii) Autocratic Style and Authoritative Style
iii) Formal Communication and Informal Communication
iv) PERT and CPM (4×5)
4. Briefly comment on the following:
i) Individual behaviour is closely liked with group behaviour.
ii) Medium range plans have a duration of more than one year.
iii) The delegation is essential for management, but decentralization is optional.
iv) Organizational efficiency is ensured with the help of controls. (4×5)
5. Write Short Notes on the following:
i) Span of Control
ii) Recruitment
iii) Process of control
iv) Leadership Effectiveness (4×5)
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