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Direction: Answer what is being asked. You may use additional sheets if necessary. 1. Define management. (5pts) 2. Explain briefly various management functions. Do you agree that planning is the most crucial management function? Why? (10) 3. Marty a commerce student visited a hospital. He observed that in hospital to treat different types of disease there is a separate department and each department is led by dean of that respective department who is expert in that particular field having knowledge, training and experience of that particular area only. He could relate it to one of the principles of management. Identify and explain. (5) 4. In ABC limited Management and labor union entered into an agreement whereby workers have agreed to put in extra hours without any additional payment to revive the company out of loss. In return the management has promised to increase wages of the workers when this mission is accomplished but afterwards management refused to fulfill its commitment. Identify the principle of management violated by the management of ABC Ltd. 5. Tony a salesperson is asked to clinch a deal with a buyer and is allowed to give 10% discount by marketing manager. But finance department tells him not to offer more than 5% discount. Due to which Tony is confused. Which principle of management is violated? 6. Graco is working as Plant superintendent in Tan Industries. But he is given a salary of a clerk as his compensation. Which act as a demotivating for Graco and he does not feel like working whole heartedly for the company. Identify the principle of management violated in Tan Limited. 7. Mark joined Anamika Lid. As training manager. After joining he observed that employees are lacking the feeling of belongingness with the organization. To encourage the feeling of belongingness and self-motivation he decided to apply one of the principles of Fayol and started employee suggestion system whereby employees are encouraged to give suggestion and whereby suggestions which result in substantial cost/ time reductions will be rewarded. Identify the principle. 8. In Tanya Lid, there is discord among all the employee's due which objectives are not realized and there is no coordination among employees. There is no mutual trust and belongingness among employees, so managers must apply penalties on employees which further increases the inefficiency. What do you think is wrong with the above organization? Give your answer in respect to the Principles of Management by Fayol. 9. On the basis of several observations it is determined that one worker can make one cardboard in 20 minutes. So, in one hour he will make 3 boxes. Assuming that a worker has to put in 8 hours of work in a shift and deducting one hour for rest and lunch, it is determined that in 7 hours a worker makes 21 boxes @ 3 boxes per hour. Now this is the standard task workers have to do. Wages are decided accordingly. The base of above technique is one of the techniques of F.W. Taylor. Identify that technique