Module I: Introduction to Management
Objective Questions
1. Define management in one sentence.
2. Which level of management is responsible for strategic
decision-making?
3. Management is considered an art because:
a) It is a theoretical concept
b) It involves creativity and personal skills
c) It follows universal principles
d) None of the above
4. What is the primary focus of the systems approach to
management?
Short Answer Questions
1. Explain the characteristics of management.
2. What are the major tasks of a professional manager?
3. Discuss the three levels of management and their roles.
4. List the steps involved in planning.
Long Answer Questions
1. Discuss whether management is an art, science, or profession.
2. Describe the skills required for effective management at various
levels.
3. Explain the decision-making process with an example.
Module II: Management Process
Objective Questions
1. Which of the following is not a principle of organizing?
a) Unity of command
b) Division of work
c) Lack of coordination
d) Delegation of authority
2. Who proposed the Theory X and Theory Y of motivation?
3. The process of comparing actual performance with standards is
called:
a) Planning
b) Organizing
c) Directing
d) Controlling
Short Answer Questions
1. Define organizing and its importance in management.
2. Differentiate between autocratic and democratic leadership
styles.
3. Write a short note on the communication process in
organizations.
4. What is the role of motivation in directing?
Long Answer Questions
1. Discuss the principles of organizing with examples.
2. Explain different leadership styles with their pros and cons.
3. How does the controlling process help in achieving
organizational goals?
Module III: Functional Areas of Management
Objective Questions
1. Operations management focuses on:
a) Marketing strategies
b) Resource optimization in production
c) Financial planning
d) Employee engagement
2. HRM primarily deals with:
a) Financial assets
b) Management of human capital
c) Marketing campaigns
d) Product design
Short Answer Questions
1. Explain the role of financial management in an organization.
2. What is the scope of marketing management?
3. Define human resource management and its objectives.
4. Differentiate between operations management and financial
management.
Long Answer Questions
1. Discuss the importance of integrating functional areas of
management for organizational success.
2. Elaborate on the key processes involved in marketing
management.
3. Analyze the role of operations management in improving
productivity and efficiency.
Module IV: Entrepreneurship
Objective Questions
1. Startups are typically characterized by:
a) Large-scale operations
b) High growth potential
c) Stable revenue models
d) Bureaucratic processes
2. Which of the following is a major challenge faced by startups?
a) Abundance of resources
b) Lack of innovation
c) Funding issues
d) All of the above
Short Answer Questions
1. Define entrepreneurship.
2. List three prospects and three challenges faced by startups.
3. Write a short note on the importance of innovation in
entrepreneurship.
Long Answer Questions
1. Discuss the various challenges faced by startups in developing
economies.
2. Explain the role of entrepreneurship in economic development.
3. Analyze the factors that contribute to the success of startups.
Module V: Intellectual Property Rights
Objective Questions
1. The TRIPS agreement is administered by:
a) WTO
b) UN
c) WIPO
d) IMF
2. A geographical indication is primarily used to:
a) Protect inventions
b) Indicate product origin and quality
c) Prevent unfair competition
d) Protect literary works
3. Which of the following is not a type of intellectual property?
a) Trademarks
b) Copyright
c) Plant genetics
d) Real estate
Short Answer Questions
1. Define copyright and its significance.
2. Explain the concept of trademarks with examples.
3. What are the key provisions of the TRIPS agreement?
4. Write a short note on the role of WIPO in intellectual property
protection.
Long Answer Questions
1. Discuss the law relating to patents and geographical indications
in your country.
2. Explain how developing countries can benefit from intellectual
property rights under the TRIPS agreement.
3. Elaborate on the process of profiting from intellectual capital in
an organization