PST saver
PST saver
Summary of Chapter 1
Management: Universal, goal-oriented process involving planning, organizing, staffing,
directing, controlling.
Principles: Taylor (scientific management) & Fayol (14 principles).
Levels: Top (policy), Middle (execution), Lower (supervision).
Organizations: Line, Functional, Project (choose based on needs).
Skills: Technical (supervisors), Conceptual (CEOs).
Final Summary
Planning: Short-term, actionable plans with standard forms (e.g., material requisition).
Budgeting: Calculate materials/manpower using formulas.
Organizing: Optimize layout, inventory, and safety.
Human Needs: Align jobs with Maslow’s hierarchy (esteem, self-actualization).
Group Dynamics: Delegate tasks based on skills and build teamwork.
MCQ’s:
1.1 Definitions of Management, Role, and Importance
1. Who defined management as "the art of getting things done through people"?
a) George R. Terry
b) Mary Parker Follet
c) Harold Koontz
d) Peter Drucker
Answer: b) Mary Parker Follet
2. Which definition of management emphasizes "processes like planning, organizing,
actuating, and controlling"?
a) Follet
b) Terry
c) Fayol
d) Drucker
Answer: b) Terry
3. Management acts as a bridge between the organization and its:
a) Shareholders
b) Environment
c) Competitors
d) Suppliers
Answer: b) Environment
4. Which of the following is an example of an intangible change managed by
organizations?
a) New machinery
b) Employee attitudes
c) Factory expansion
d) Software upgrades
Answer: b) Employee attitudes
5. What is a key role of management in reducing absenteeism?
a) Micromanagement
b) Offering bonuses
c) Increasing workload
d) Reducing salaries
Answer: b) Offering bonuses