INDUSTRIAL MANAGEMENT

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• Q1: Define Management.
  Ans: Management is the process of planning, organizing, directing, and controlling the activities of people in an organization to achieve specific goals efficiently.
• Q2: State some functions of Management.
  Ans: The main functions of Management are as follows:

  • ➔ Planning
  • ➔ Organizing
  • ➔ Staffing
  • ➔ Direction
  • ➔ Control
• Q3: Define Planning in Management.
  Ans: Planning is the process of deciding in advance what to do, how to do it, and when to do it in order to achieve organizational goals.
• Q4: Define Organizing in Management.
  Ans: Organizing is the process of arranging resources, tasks, and people in a proper structure so that work can be done efficiently.
• Q5: Define Staffing in Management.
  Ans: Staffing is the process of selecting, recruiting, training, and placing the right people in the right jobs within an organization.
• Q6: Define Direction in Management.
  Ans: Direction is the process of guiding, supervising, and motivating employees to perform their tasks effectively to achieve organizational objectives.
• Q7: Define Control in Management.
  Ans: Control is the process of checking whether the work is being done according to the plan and correcting any mistakes if necessary.
• Q8: Define Motivation in Management.
  Ans: Motivation is the process of encouraging and inspiring employees to work with interest and dedication in order to achieve organizational goals.
• Q9: State the sub-division of Management.
  Ans: The sub-divisions of Management are as follows:

  • ➔ General Management
  • ➔ Financial Management
  • ➔ Sales and Marketing Management
  • ➔ Industrial Management
• Q10: Define General Management.
  Ans: General Management is responsible for the overall planning, coordination, and control of all departments in an organization.
• Q11: Define Financial Management.
  Ans: Financial Management deals with the planning, organizing, and controlling of financial resources of an organization such as income, expenses, and investments.
• Q12: Define Sales and Marketing Management.
  Ans: Sales and Marketing Management is concerned with promoting, selling, and distributing products or services to customers in order to increase business profit.
• Q13: Define Industrial Management.
  Ans: Industrial Management is the management of industrial operations such as production, workers, machines, and materials to achieve maximum productivity.
• Q14: State the principles of Industrial Management.
  Ans: The principles of Industrial Management are as follows:

  • ➔ Division of Work
  • ➔ Discipline
  • ➔ Unity of Command
  • ➔ Authority and Responsibility
  • ➔ Cooperation between workers and management
• Q15: State any four objectives of Industrial Management.
  Ans: The objectives of Industrial Management are as follows:

  • ➔ To increase production and productivity
  • ➔ To use resources efficiently
  • ➔ To maintain good relations between workers and management
  • ➔ To improve working conditions in industries
• Q16: State any four responsibilities of Industrial Management.
  Ans: The responsibilities of Industrial Management are as follows:

  • ➔ Proper planning of production
  • ➔ Effective use of machines and materials
  • ➔ Ensuring safety of workers
  • ➔ Maintaining discipline and coordination in the organization
• Q17: What is the head of General Management called?.
  Ans: The head of General Management is called an M.D (Managing Director) or a G.M (General Manager).
• Q18: What departments are controlled by General Management?
  Ans: The departments controlled by General Management are as follows:

  • ➔ Production Department
  • ➔ Finance Department
  • ➔ Sales and Marketing Department
  • ➔ Personnel or Human Resource Department