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NMIMS Assignment Solution April 2023
Management Theory and Practice
April 2023 Examination
Q1. You are hired as a consultant by
Thakur Publications, a newly setup organization dealing in publishing books.
The CEO wants you to guide the newly recruited management trainees about the
Principles of Management. Explain the factors affecting management thought (10
Marks)
Ans 1.
Introduction
Management
can be referred to as the procedure of handling and administering the
activities of the business. It is keeping and producing a business setting
where the company's staff members can interact harmoniously to achieve
organizational goals. All the activities, regardless of their type, nature,
size, and framework.
Management
functions as a roadmap or an overview to all the company's staff members and
offers instructions for their initiatives toward
Q2. The newly set up management team
is divided in their deliberation on a certain topic and require your help. The
core area of this discussion is whether Management can be a profession or not.
As the head of the forum, can you throw some light on whether Management can be
a profession (10 Marks)
Ans 2.
Introduction
Effective
Management is the backbone of a successful organization. Management is crucial
for a coordinated and organized life and is necessary to run all kinds of
organizations. Management is additionally crucial in making educated choices
and working in the direction of attaining business goals. It helps the company
get things done by the right people by handing over the work among them
according to their skills and top quality. If a business has effective
Management, it will likely be rewarding and thrive
Q3.
Mercure, a famous hotel chain in India is
losing its market share to its peers. The major reasons contributing to the
same is that there is a lot of conflict in the organization due to which
correct and timely decisions are not being taken. The company has hired you as
a consultant to understand and solve this issue
a. Explain the different types of
Conflicts that can arise in an organization? (5 Marks)
Ans 3a.
Introduction
Organizational
conflict, likewise referred to as workplace conflict, can be defined as the
state of misconception or disagreement happening because of dissent of needs,
sources, beliefs, and relationships between the firm's employees. Conflict can
occur in the workplace when individuals interact when their opinion
Q3b. Explain what
strategies can be used by Mercure to resolve these conflicts? (5 Marks)
Ans 3b.
Introduction
As
discussed above, any organization should resolve conflicts as early as feasible
to stop damages. For this, the business must take specific steps and carry out
various methods. Allow's research them-
a) Identify the root cause- Leading business officials must comprehend the troubles' origin
Dear students, get
fully solved assignments by professionals
Do
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NMIMS Assignment Solution April 2023
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