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MMIE-204
M.E./M.Tech., II Semester
Examination, June 2024
Industrial Organization and Management
Note:
- Attempt any five questions.
- All questions carry equal marks.
What are an organization's social responsibilities to its stakeholders? Explain.
What are the key ideas behind scientific management, bureaucratic theory, and administrative theory?
What are essential management skills for success? Discuss.
Define the concepts of responsibility, authority and accountability in an organizational context.
Explain the concept of Business Process Re-engineering (BPR).
How do stable and unstable environments influence organizational structure?
Describe Henry Mintzberg's organization typology with techno-structure and support staff.
Explain the key assumptions and limitations of the rational/normative/classical model of decision-making.
PTO
Compare and contrast the rational, bounded-rationality, and political models of decision-making.
Explain the steps involved in a typical management control loop.
What are the different types of budgets used in business planning and control?
Explain the concept of a joint stock company.
How does the complexity of a system's boundary and interfaces affect its interaction with the environment?
Differentiate between feedback and feed forward control mechanisms in systems.
Write short notes on any two :
Management functions
Authority and Accountability
Public sector organization
Open flexible-adaptive system