M.B.A-M.B.A Finance 2nd Year PERSPECTIVES OF MANAGEMENT (Acharya Nagarjuna University (ANU), Guntur, Andhra Pradesh-2012)

EXECUTIVE M.B.A. DEGREE EXAMINATION, MAY 2012.
First and Second Years
Paper I — PERSPECTIVES OF MANAGEMENT
Time : Three hours Maximum : 75 marks
SECTION A — (3 × 5 = 15 marks)
Answer any THREE of the following
1. (a) Concept of administration.
(b) MBO.
(c) Decision tree analysis.
(d) Sources of authority.
(e) Committee form of management.
(f) Financial motivation.
SECTION B — (3 × 15 = 45 marks)
Answer any THREE questions.
2. What are various approach to the study of management?
3. State the merits and limitations of planning.
4. How are rational decisions made?
5. Explain the causes for line and staff conflict.
6. Enumerate the barriers to effective communication.
7. Elucidate the role of manager in rendering social responsibilities.
SECTION C — (15 marks)
8. India white company ltd. Is a company that produces electric bulbs, water coolers, air coolers, electric motors etc. Recently it added a new line of product, namely refrigerators for both commercial and industrial use. It needed one electrical engineer with B.Tech qualification to look after the new plant producing refrigerators. Presently where are
five engineers who are in Asst. Engineer post qualified for the port of engineer. Yet the management went and placed an advertisement in newspaper for the post and received 12 letters/replies to the advertisement Out of them 12, five of them are from the organisation itself. Mr. Y.K. Shetty who was fourth in the seniority list was selected and issued the appointment letter. There was a issue raised by the other four members as to why he was selected and not one of them.
Questions:
(a) As a personal manager of this company what would have you preferred? Internal mobility, external source of recruitment or vice-versa. Justify.
(b) What was the criteria for selecting Mr. Y.K. Shetty in preference to others?