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NPTEL Principles of Management Assignment 6 Answers 2023:
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Q.1. Which of the following will be characterised as a sound objective?
- To make a reasonable profit
- To make good revenue in the near future
- To speed up communication in the entire organization
- To install Software “A” in all systems of the organization by year end
Q.2. Slow Decision making, fast implementation of decision, extensive use of quality circles and collective accountability together speak of which management style?
- Indian
- Japanese
- American
- Chinese
Q.3. Which of the following statements is correct for MBO:
- MBO was proposed by Peter Drucker in his book The Effective Executive
- In MBO, progress towards objectives is reviewed at the time of completion
- In MBO, goals are set jointly by the managers with their subordinates
- In MBO, goals are set in such a way that they can be easily accomplished
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Q.4. Which of the following is not the outcome of MBO?
- Subjective Appraisal
- Better communication
- Cascading of organizational vision
- Clarity in organizational action
Q.5. What is meant by “Key Result Areas”?
- The profit quantities which are of utmost importance to the organization
- Specific areas of focus where organization wants to have success
- Events which are of top priority for the organization
- Designated physical spots in the office of the organization where organization wants to have its best departments
Q.6. For which of the following organizations MBO will not be useful?
- A company having several project teams catering to clients for timed projects
- A small factory making one kind of plastic toy cars
- A company making customized software
- A multinational FMCG company
Q.7. Statement I: MBO is one of the Performance Appraisal Methods
Statement II: MBO is a circular process
Identify which of the following options is correct:
- Both statement I and II are correct
- Both statement I and II are incorrect
- Statement I is correct and statement II is incorrect
- Statement I is incorrect and statement II is correct
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Q.8. ____________ is important for sustainability of an organization.
- Volatility
- Uncertainty
- Complexity
- Innovation
Q.9. Which of the following is an approach which advocates hiring managers from the host country?
Q.10. Which of the following is a way of directly investing in the host country by a business which is looking to expand abroad?
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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.
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