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Principles of management Internal assessment BBA 1st year, Assignments of Principles of Database Management

Bharathidasan UniversityPrinciples of Database Management

Principles of management Internal assessment - 1.What are the eight principles of TQM? 2.What is Staffing? What is the definition given by Benjamin? 3.What is Organizing? What is the definition given by Koonts O Donnel? 4.What is Planning? What is the definition given by Henry Fayol?

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Subject - Allied Paper - I Principles of Management
Assessment Type – Internal Assessment (Subjective Assignment).
Questions:
1. What are the eight principles of TQM?
Customer centricity is the first principle.
The first, and maybe most significant, concept contends that a firm would not exist without its
clients. As a result, firms should endeavor to better understand their existing and future
customers in order to meet their needs and expectations. The primary advantages of building
good client connections are greater market share and revenue, as well as enhanced customer
loyalty. If you are perceived as understanding and responding effectively to consumer demand,
your business's success is almost guaranteed, therefore pay special attention to this principle.
Leadership is the second principle.
The virtues of strong, purposeful, and unified leadership are extolled in this idea. Leaders are
accountable for fostering a productive and forward-thinking business environment. They are
also responsible for ensuring that future employees retain the same atmosphere.
Implementing this principle in your workplace is dependent on having a clear vision for the
company and having the right leaders in place to communicate that vision to the rest of the
team. Taking the time to do things right from the start will save you time and stress in the long
run.
People's participation is the third principle.
Your firm would be nowhere without a customer base, and it would also be nowhere without a
well-balanced, multi-skilled crew. Employees at all levels are critical to the organization's
success, and this principle is all about recognizing that.
As an employer, it is critical to ensure that your workforce is motivated and involved, not only
in their daily tasks, but also in the firm as a whole. To achieve this, employees must grasp the
significance of their function and how it fits into the larger goals of the firm, as well as accept
responsibility for any issues that prevent them from doing their duties to the best of their
abilities.
People's participation is the third principle.
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Subject - Allied Paper - I Principles of Management Assessment Type – Internal Assessment (Subjective Assignment). Questions:

  1. What are the eight principles of TQM? Customer centricity is the first principle. The first, and maybe most significant, concept contends that a firm would not exist without its clients. As a result, firms should endeavor to better understand their existing and future customers in order to meet their needs and expectations. The primary advantages of building good client connections are greater market share and revenue, as well as enhanced customer loyalty. If you are perceived as understanding and responding effectively to consumer demand, your business's success is almost guaranteed, therefore pay special attention to this principle. Leadership is the second principle. The virtues of strong, purposeful, and unified leadership are extolled in this idea. Leaders are accountable for fostering a productive and forward-thinking business environment. They are also responsible for ensuring that future employees retain the same atmosphere. Implementing this principle in your workplace is dependent on having a clear vision for the company and having the right leaders in place to communicate that vision to the rest of the team. Taking the time to do things right from the start will save you time and stress in the long run. People's participation is the third principle. Your firm would be nowhere without a customer base, and it would also be nowhere without a well-balanced, multi-skilled crew. Employees at all levels are critical to the organization's success, and this principle is all about recognizing that. As an employer, it is critical to ensure that your workforce is motivated and involved, not only in their daily tasks, but also in the firm as a whole. To achieve this, employees must grasp the significance of their function and how it fits into the larger goals of the firm, as well as accept responsibility for any issues that prevent them from doing their duties to the best of their abilities. People's participation is the third principle.

Your firm would be nowhere without a customer base, and it would also be nowhere without a well-balanced, multi-skilled crew. Employees at all levels are critical to the organization's success, and this principle is all about recognizing that. As an employer, it is critical to ensure that your workforce is motivated and involved, not only in their daily tasks, but also in the firm as a whole. To achieve this, employees must grasp the significance of their function and how it fits into the larger goals of the firm, as well as accept responsibility for any issues that prevent them from doing their duties to the best of their abilities.

  1. What is Staffing? What is the definition given by Benjamin? Staffing is the ongoing process of locating, selecting, evaluating, and creating a working relationship with current or prospective employees. The primary purpose of staffing is to find suitable people for the various tasks within the firm. At various stages of the staffing process, staffing might be done within the organization or by contractors. Benjamin has defined staffing as – “ The process involved in identifying, assessing, placing, evaluating and directing individuals at work .” Staffing Functions: - The basic function of staffing is to find qualified candidates for various employment positions inside the firm. Staffing ensures that the correct individual is hired for the right role, resulting in optimal production and performance. It promotes the most effective use of human resources in a variety of ways. Employee morale and job satisfaction improve when the correct person for the job is hired. Staffing contributes to greater utilization of human resources. It maintains the organization's continuity and growth through development managers. Importance of staffing: -
    1. People who work as managers do the managerial functions of planning, organizing, staffing, leading, and controlling.
    1. Management is applicable to any type of business.
    1. It applies to managers at all levels of the organization.
  • The concept of management suggests that the goal of all managers is the same: to generate a profit.
    1. Management is concerned with productivity, which entails effectiveness and efficiency.
  1. What is Planning? What is the definition given by Henry Fayol? Planning is crucial in all aspects of life. Early achievement of the goal to be facilitated by the effective planning. It is a method of dealing with uncertainty by devising a plan of action for the future. It tries to predict the future in order to improve performance. It selects the greatest alternative from among numerous possible options. The success of the organization's planning will determine its immediate growth and prosperity. Planning assists the manager in shaping the future of the organization. It instills logic into the organization and guarantees that finite resources are used as efficiently as possible. HENRY FAYOL : - Planning is the most important of the five management responsibilities, requiring the active participation of the entire business. Following time and implementation, planning at multiple levels must be synchronized. It must take into account the organization's resources as well as the personnel's flexibility, as this ensures continuity. Different Aspects of Planning: -
  • Planning is a mental process.
  • The initial level of managerial tasks is planning. There will be nothing to organize, direct, or control prior to planning.
  • Planning is an ongoing, never-ending, and adaptable function.
  • Planning is nefarious and all-encompassing.
  • Various Planning Functions Information gathering and analysis
  • Choosing between two paths of action.
  • deciding on the best course of action
  • Creating sub-plans.
  • Plan implementation and monitoring

The Benefits of Planning

  • Planning prepares you to confront the unknowns of the future.
  • Adapting and adjusting to new situations is aided by planning.
  • Planning keeps impulsive decisions at bay.
  • Planning lowers overall costs.
  • Employee motivation and morale can be improved with proper planning.
  • Planning leads to action, which leads to togetherness.
  • Control is effectively exercised through planning. 5 What is management? Explain its history. Management is the process of organizing, leading, motivating, and regulating an organization's human resources, financial, physical, and information resources in order to achieve its goals efficiently and effectively. HISTORY OF MANAGEMENT:- The Fifth Edition of The History of Management Thought tells the developing tale of significant players in the field's lives and times, as well as the persistent themes and influential ideas that have helped form management thought––from its pre-industrial roots to modern theories. Management has been practiced for thousands of years. According to Pindur, Rogers, and Kim (1995), basic approaches to management date back at least 3000 years before the birth of Christ, when Middle Eastern priests began keeping records of economic activities. Around 400 BC, Socrates asserted that management was a distinct competency from technical abilities and knowledge (Higgins, 1991). The Romans, famous for their legions of warriors led by Centurions, ensured accountability through a hierarchical structure. The Roman Catholic Church was divided into territories and had a system of command, and job descriptions. During the Middle Ages, roughly from 476 AD to 1450 AD, guilds, or groups of artisans, existed. Local merchants supplied handcrafted goods ranging from bread to armor and swords for the Crusades A control and power hierarchy existed, similar to that of the Catholic Church, with authority resting with the masters and trickling down to the journeymen and apprentices. These artisans were, in essence, small enterprises creating products of diverse quality, with low rates of productivity and no need for administrative oversight beyond that of the owner or master artisan. The Industrial Revolution, which lasted from the late 1700s to the early 1800s, was a time of immense upheaval and massive change in the way people lived and worked. Prior to this time, the majority of people made their living by farming or working and lived in rural areas. Numerous innovations occurred with the invention of the steam engine, including the automated movement of coal from underground mines, powering factories that now mass-produced goods previously made by hand, and the railroad