What do you mean by management audit?
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1. Principles and Practices of Management How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply interpersonal influence through communication process towards attaining your personalized goals? 2. Human Resources Management The present state of recession in the IT Industry – as a Human Resource Manager how are you going to undertake Human Resource Planning to Macro level to tide over the crisis 3. Financial Management What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hands to meet its obligation at all times? 4. Marketing Management If you are working in a super market, what techniques/ tools you will use in data collection. How are you going to analysis the data and make inferences? How will you finally apply your market research to improve sales and win over customers? 5. Organizational Behaviour If you are made the compaign leader for a particular political party .How will you use your leader ship skills to motivate your party men to ensure success of the party nominee in the elections? (Focus on the individual motivate and apply leadership style). 6. Principles of Economics Suppose the price elasticity of demand for the textbooks is two and the price of the textbook is increased by 10% By how much does the quantity demand fall? Enter the results and discuss reason for the fall in quantity demand.
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