NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
NOVEMBER 2018 EXAMINATION

COURSE CODE:                       BUS330                                                                                              

CREDIT UNITS:  3             

COURSE TITLE:     MANAGEMENT THEORY     

INSTRUCTION:       1. Indicate your Matriculation Number clearly

2. Attempt question one (1) and any other three (3) questions–four questions in all

3. Question one (1) is compulsory and carries 25 marks, while the other        questions carry 15 marks each.

                                     4. Present all your points in coherent and orderly Manner

1. There is no generally accepted definition of management. However, the classic definition of Henri Fayol still remains valid and is adapted by a number of writers. Therefore, state and discuss three definitions of management.                     (25 Marks)

2. Summarize Henry Fayol’s fourteen (14) principles of Management. How far do you regard them as being valid today? (15 Marks)

3. Outline and explain any five (5) basic functions of management.          (15 Marks)

4. (a) Differentiate between Leadership and Followership

(b) Explain different leadership styles.               (15 Marks)

5. (a) Why was Fredric Taylor called the Father of Scientific Management? State his observations and his four basic principles.

(b) Discuss the contributions of Human Relations School of Management theorists to modern personal management policies and practices.                           (15 Marks)

6. (a) What is Management by Objectives (M.B.O)?

(b) What are the advantages and disadvantages of M.B.O. to the individual and to the organization where it is in use?     (15 Marks)