Management Theory and Practice
Assignment Marks: 30
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Instructions:
- All Questions carry equal marks.
- All Questions are compulsory.
- All answers are to be explained in not more than 1000 words for questions 1 and 2, and question 3 is not more than 500 words for each subsection. Use relevant examples and illustrations as far as possible.
- All answers are to be written individually. Discussion and group work is not advisable.
- Students are free to refer to any books, reference material, website, or the Internet when attempting their assignments. Still, they are not allowed to copy the material as long as it is from the source of reference.
- Students should write the assignment in their own words. Copying of assignments from other students is not allowed.
- Students should follow the following parameters to answer the assignment questions.
| For Theoretical Answer | |
| Assessment Parameter | Weight age |
| Introduction | 20% |
| Concepts and Application related to the question | 60% |
| Conclusion | 20% |
| For Numerical Answer | |
| Assessment Parameter | Weight age |
| Understanding and usage of the formula | 20% |
| Procedure / Steps | 50% |
| Correct Answer & Interpretation | 30% |
M/s Subodh Enterprise is failing to make a profit from the last five years. The company has no proper vision and direction to follow.
The Directors have decided to replace the current leader who shows less concern for people as well as profit.
They appoint you as a consultant to guide them on the various types of leader and suggest them one type of leader that will be suitable for this organization with reasons. (10 Marks)
Ajay wants to purchase new printers for the organization as the current printers are outdated and the cost per print is high.
The company’s service is very poor whenever the printers stop working. Resolving minor issues takes seven days.
This is affecting people’s productivity. There are seven departments, and all the departments’ printers need to be replaced.
Explain the decision-making process that Ajay should follow for the purchase of best printers for the organization. (10 Marks)
Amit is the departmental head of marketing and has seven employees who report directly to him. The seven members of the team are never in consensus with each other on major important decisions.
There had been heated discussions among them in various meetings scheduled by Mr. Amit. The team members do not have a great rapport with the head of the Production and R&D departments because of the lack of coordination within the team.
The organization is in total chaos and confusion. Mr. Amit is worried about the online course that he has joined and has not been able to commit to it.
He is not able to give time to solve the assignments, check the MCQs, and participate in the discussion forum which is a part of the course.
Mr. Amit’s relationship with the seniors is cordial. He doesn’t like the Production Department head as the latter doesn’t provide him with regular reports and delivery status.
- Enumerate types of conflicts and identify various types of conflict in the above case? (5 Marks)
- What are the various ways to resolve the conflict? (5 Marks)