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Principles And Practice Of Management Question Paper

Principles And Practice Of Management

Course:Certified Public Accountant

Exam Year:2001

KENYA ACCOUNTS AND SECRETARIES NATIONAL EXAMINATIONS BOARD
CPA PART III
PRINCIPLES AND PRACTICE OF MANAGEMENT
DECEMBER2001 Time allowed 3 hours
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Answer any FIVE questions. Candidates are required to demonstrate both broad and deep understanding of this subject. All questions carry equal marks.

QUESTION ONE
In developing strategic plans for the future, it is important for a company to assess both its current and past performance.
Outline and discuss the following approaches in assessing the organizational performance.
a)The historical analysis of performance in comparison with the organization’s performance. (6 marks)
b)The analysis of industry norms in comparison with the relative performance of organizations in the same industry. (7 marks)
c)The analysis of the organization’s performance in comparison with the best performance through benchmarking (7 marks)
(Total 20 marks)

QUESTION TWO
Explain the ways in which a manager may apply motivation theories to achieve effective performance by employees in an organization. (Total: 20 marks)

QUESTION THREE
Discuss the factors that influence the level of compensation and benefit packages for different employees in an organization.
(Total: 20 marks)

QUESTION FOUR
a)Compare and contrast Total Quality Management (TQM) and re-engineering as change processes. (10 marks)
b)Various economic factors have forced firms to downsize their workforce.
Explain the ways in which a manager may best manage a downsized workforce. (10 marks)
(Total: 20 marks)

QUESTION FIVE
The Kenyan corporate sector has been experiencing serious economic difficulties resulting in closure of business. It is now being argued that the future of this country lies in the growth and efficient management of the medium-sized enterprises (SME) discuss.
(Total: 20 marks)

QUESTION SIX
The ideas and concepts of management thought as conceptualized by Max Weber crystallized to what came to be known as a bureaucratic system.
Discuss Weber’s propositions and discuss their applicability in today’s organizations. (Total: 20 marks)

QUESTION SEVEN
Marketing experts around the world have generally agreed that there are a number of clearly identifiable variables that comprise of building blocks of marketing. These variables have been labeled “Marketing Mix” elements.
Identify these elements and discuss the concept of product as it relates to each of them. (Total: 20 marks)

QUESTION EIGHT
Kirkland Ltd. is a multi-national company that has recently launched its operations in your country. The company wants to immediately conduct research in order to devise the most suitable organizational structure for its operations.
Discuss the various options available to the company indicating the advantages and disadvantages of each option. (Total: 20 marks)

Principles And Practice Of Management Question Paper

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