Principles of Management Practice Question Paper 1

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Here we present Principles of Management Practice Question Paper 1:

1. How do you define business?
2. How does business contribute to economic development?
3. Do you think family is an organization and requires management? Bring out similarities in family and other business organizations.
4. Why managers in future cannot be pure administrators?
5. Distinguish between administration and management.
6. How is management affected by business? Give suitable examples.
7. Is management a profession? Give reasons.
8. Describe social responsibility of a business.
9. What would you consider the future trends in management?
10. Explain uncertainties and risks in business.
11. What is the operational scale of business?
12. Write a note on Entrepreneur
13. Write a note on Intrapreneur
14. What is resource raising?