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Principles Of Management Interview Questions & Answers - Learning Mode
COOLINTERVIEW.COM BUSINESS MANAGEMENT INTERVIEW QUESTIONS PRINCIPLES OF MANAGEMENT INTERVIEW QUESTIONS QUESTIONS & ANSWERS - LEARNING MODE

Principles Of Management Interview Questions & Answers - Learning Mode

A principle is a fundamental truth and is generally stated in the form of cause and effect inter-relationship. Management principles are the statement of general truth providing guide to thought or action. In the words of Herbert G. Hicks,?Principles of management are the guiding rules of laws for managerial action.?In the words of Kantooz and O?Donnell, ?Management principles are fundamental truth of general validity.?

Try Principles Of Management Interview Questions & Answers - Exam Mode

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Principles Of Management Interview Questions & Answers - Learning Mode
Try Principles Of Management Interview Questions & Answers - Exam Mode
Question: What is scalar chain?

Answer: This refers to the chain of superiors ranging from top management to the lowest rank. The principle suggests that there should be a clear line of authority from top to bottom linking all managers at all levels. This chain specifies the route through which the information is to be communicated to the desired location/person.


Source: CoolInterview.com
Question: What is discipline in a Management?

Answer: Discipline means obedience to the organisational rules and employment agreement. Management as a discipline refers to that branch of knowledge which is connected to study of principles & practices of basic administration. It specifies certain code of conduct to be followed by the manager & also various methods for managing resources efficiently. Source: CoolInterview.com
Question: State the dissimilarities between Fayol and Taylor principles of management ?

Answer: 1. Taylor laid his attention on the problems of shop floor while Fayol concentrated on the functions of managers at top level.
2. Taylor worked from the bottom of the industrial hierarchy upwards, while Fayol focussed on the chief executive and worked downwards.
3. The main aim of Taylor was to enhance productivity of labour and eliminate wastages. Fayol tried to develop a universal theory of management.
4. Taylor called his philosophy of work as ?Scientific Management? whereas Fayol ex Source: CoolInterview.com
Question: State the similarities between Fayol and Taylor principles of management?

Answer: 1. Both of them felt the universality of management.
2. Both applied scientific methods to the problems of management.
3. Both observed the importance of personnel and its management at all levels.
4. Both wanted to improve the management practices.
Source: CoolInterview.com
Question: Differentiate between centralisation and decentralisation?

Answer: Centralization of authority means the power of planning and decision making are exclusively in the hands of top management while in case of Decentralization, the powers for the same has been disseminated by the top management to middle or low level management. Source: CoolInterview.com
Question: What is scientific management?

Answer: Scientific management refers to use the use of scientific and standardized tools, methods and trained workers in all organisational activities in order to increase the total production with minimum cost and wastage. It is a theory of management that analysis and synthesizes workflows. Its main objective is improving economic efficiency, especially labour productivity. Source: CoolInterview.com
Question: Explain Fayol's principle of Esprit De Corps.

Answer: Esprit de Corps/Team Spirit - This refers to the need of managers to ensure and develop morale in the workplace; individually and communally. Team spirit helps develop an atmosphere of mutual trust and understanding. Team spirit helps to finish the task on time. Source: CoolInterview.com
Question: What is initiative?

Answer: Initiative refers to the steps taken by the employees towards their self motivation. It helps to bring out hidden efficiency of the staff.The initiative may take the form of a direct initiative or an indirect initiative. In a direct initiative, a measure is put directly to a vote after being submitted by a petition. In an indirect initiative, a measure is first referred to the legislature, and then put to a popular vote only if not enacted by the legislature. Source: CoolInterview.com
Question: State the key roles in which Fayol divided the management functions?

Answer: Fayol divided the management function into five key roles:
To organize/Organizing
To plan and forecast/Planning
To command/Commanding, Leading
To control/Controlling
To coordinate/Coordinating Source: CoolInterview.com
Question: Differentiate between authority and responsibility?

Answer: Authority: It is the right of a superior to give orders and instructions to subordinates.
Responsibility: It is the obligation of a subordinate to perform an assigned task. Source: CoolInterview.com
Question: What is the meaning of principles of management?

Answer: Principles are the statements of fundamental truths about some phenomena, that provide guidelines for decision making and actions. These principles enable the managers to manage enterprises economically, effectively and efficiently (3E's). Source: CoolInterview.com
Question: Explain Fayol's principle of unity of command and unity of direction.

Answer: a)Unity of Command - This principle states that each subordinate should receive orders and be accountable to one and only one superior. If an employee receives orders from more than one superior, it is likely to create confusion and conflict.
b)Unity of Direction - All related activities should be put under one group, there should be one plan of action for them, and they should be under the control of one manager.
Source: CoolInterview.com
Question: What is gang plank?

Answer: Organisation should have a chain of authority and communication from top to bottom and should be followed by managers and subordinates". This can be violated only in case of emergency to facilitate rapid and easy communication without delay. This is called 'gang plank'. Source: CoolInterview.com
Question: When is gang plank used and why?

Answer: Gang plank should be used only in case of emergency to prevent any likely distortion of message and to facilitate speedy co-ordination. Source: CoolInterview.com
Question: Explain the fayol's principle of division of work and discipline?

Answer: a)Division of Work - According to this principle the whole work is divided into small tasks. The specialization of the workforce according to the
skills of a person , creating specific personal and professional development within the labour force and therefore increasing productivity; leads
to specialization which increases the efficiency of labour.
b)Discipline - It is obedience, proper conduct in relation to others, respect of authority, etc. It is essential for the smooth functioning Source: CoolInterview.com

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