Hello NPTEL Learners, In this article, you will find NPTEL Principles of Management Assignment 4 Week 4 Answers 2023. All the Answers are provided below to help the students as a reference don’t straight away look for the solutions, first try to solve the questions by yourself. If you find any difficulty, then look for the solutions.
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NPTEL Principles of Management Assignment 4 Answers 2023:
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Q.1. Which of the following is not a technique of assessing the environment?
Q.2. Statement I: Forecasting means prediction of outcomes
Statement II: Forecasting creates a foundation for environmental scanning
Read the statements and select the correct option:
- Both statements I and II are correct
- Statement I is correct and statement II is incorrect
- Statement II is correct and statement I is incorrect
- Both statements I and II are incorrect
Q.3. Qualitative methods of forecasting are used when:
- The management doesn’t have precise data
- The management decides to make good quality forecasts
- The management wants to make presentations to top level executives
- The management has all the hard data to make a decision
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Q.4. Which of the following techniques can be used to determine next quarter’s revenue on the basis of last 5 years’ revenue?
Q.5. Which of the following does not come in the ambit of HR Planning?
- Operational Planning
- Succession Planning
- Personnel Planning
- HR demand forecasting
Q.6. Which of the following methods uses “structured iterative process” to forecast something?
Q.7. Which of the following is best described by the sentence “Keeping the best practice in view and learning from it”?
- Customer Evaluation
- Benchmarking
- Economic Forecasting
- Market Survey
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Q.8. “Rs. 4 Lakhs is expected to be spent on repairs for factory floor this year”. This statement is most likely arrived at using which technique:
Q.9. Which of the following technique of scheduling is used if the activities are dependent on each other?
Q.10. Considering some situations to hit business in near future and planning responses for such situations is:
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Disclaimer: This answer is provided by us only for discussion purpose if any answer will be getting wrong don’t blame us. If any doubt or suggestions regarding any question kindly comment. The solution is provided by Chase2learn. This tutorial is only for Discussion and Learning purpose.
About NPTEL Principles of Management Course:
The course provides an overview of management and its evolution. It examines management functions of planning, organizing, leading, and controlling and its impact on the business organization. It discusses necessary skills and functions required for efficient manager in contemporary business environment. Overall, it enables students to analyze and understand changing business environment, and the role of ethics, social responsibility and environmental issues in contemporary business environment.
Course Layout:
- Week 1:Management: Definition, nature, purpose and scope of management, Skills and roles of a Manager, functions, principles; Evolution of Management Thought, Scientific Management.
- Week 2:Planning: Types of plans, planning process, Characteristics of planning, Traditional objective setting, Strategic Management, premising and forecasting
- Week 3:Decision-Making: Process, Simon’s model of decision making, creative problem solving, group decision making.
- Week 4:Management by Objectives: Management by exception; Styles of management: (American, Japanese and Indian), McKinsey’s 7-S Approach, Self Management
- Week 5:Organizing: Organizational design and structure, Coordination, differentiation and integration.
- Week 6:Span of management, centralization and de-centralization Delegation, Authority & power – concept & distinction, Line and staff organizations
- Week 7:Staffing: Human Resource Management and Selection, Performance appraisal and Career strategy, Coordination- Concepts, issues and techniques
- Week 8:Organizational Change: Introduction, Resistance to Change, Behavioural Reactions to Change, Approaches Or Models to Managing Organisational Change.
- Week 9:Organizational Change: Introduction, Resistance to Change, Behavioural Reactions to Change, Approaches Or Models to Managing Organisational Change.
- Week 10:Leading: Human Factors and Motivation, Leadership, Communication, Teams and Team Work
- Week 11:Leading: Human Factors and Motivation, Leadership, Communication, Teams and Team Work
- Week 12:Controlling: Concept, planning-control relationship, process of control, Types of Control, Control Techniques Characteristics of team.
CRITERIA TO GET A CERTIFICATE:
Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100
Final score = Average assignment score + Exam score
YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.
If you have not registered for exam kindly register Through https://examform.nptel.ac.in/
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