Académique Documents
Professionnel Documents
Culture Documents
PROGRAM: MBA
SEMESTER-IV
Subject Name
: Management in Action
Student Name
Roll Number (Reg.No.)
Batch
:
:
:
INSTRUCTIONS
a) Students are required to submit all three assignment sets.
ASSIGNMENT
Assignment A
Assignment B
Assignment C
DETAILS
Five Subjective Questions
Three Subjective Questions + Case Study
Objective or one line Questions
MARKS
10
10
10
b)
c)
d)
e)
_________________________________
_________________________________
Management in Action
Assignment A
1. What do you understand by consulting process? Discuss phases of
consultancy
2. Discuss Management Objectives, Goals and Functions of Manager
3. Discuss Geert Hofstede Cultural Model, Elaborate Power Distance with
examples
4. Write short note on
a. Pros and Cons of charging fee on hourly basis
b. Outsourcing management services
5. What is power? Explain the various sources of power giving suitable
example
Assignment B
Based on Enablers and drivers of the Indian economy, make SWOT analysis
Given below is the profile of Indian Retail industry.
Retail is the biggest industry in the world with sales of $7.2 trillion.
Every 10th billionaire in the world is a retailer
25 of the top 50 Fortune 500 companies are retail
Retail generated a shareholder return of 18%
In fact, warren buffet in one of his addresses to the shareholders mentioned
that not investing in Wal-Mart a $8 billion mistake!!
In India however retail industry is in infancy inspite of enormous potential.
Given below is the current status of Retail in India.
Assignment C
MULTIPLE CHOICE QUESTIONS
Q.1 Some key economic factors that marketers need to consider in view of
planning for international marketing are:
a. interest rates, inflation and employment levels per capital
b. economic growth, GDP per capita and GNP, balance of trade
c. levels of literacy and demographics
d. A and B only
Q2. Analysts using Porter's Five Forces model would see which of
the following as substitutes for tourist flights to Western Europe offered by
airlines such as BA or Air France?
a) Flights provided by Lufthansa and Aer Lingus.
b) Flights offered by low cost airlines such as Ryanair and EasyJet.
c) Travel on the Eurostar.
d) Video-conferencing facilities
Q3. According to Porter, suppliers are more able to exercise bargaining
power over buyers when:
a) The supply industry is dominated by a few large firms.
b) The supply industry is populated by a large number of small firms.
c) When buyers have the ability to take over suppliers.
d) There are few buyers in the market.
Q4. Which of the following statements best describes Corporate Social
Responsibility?
a) A corporation's requirement to make as much profit as possible.
b) A corporation's obligation to society that goes beyond the requirements of the
law and economics to take into account the social and environmental impact of its
decisions.
Q7. According to Hofstede, national cultures such as Singapore, Hong Kong, and
Denmark, in which people are more accepting of innovative ideas and eccentric or
deviant behavior, are which of the following?
a) High in uncertainty avoidance
b) Low in uncertainty avoidance
c) More masculine
d) High power distance
Q8. Which of the dimensions Hofstede used to define differences between
national cultures refers to the degree to which members of a culture are expected
to act independently of other members?
a) Individualism
b) Power distance
c) Masculinity
d) Uncertainty avoidance
Q9. The most important aspect of power is that it:
Q13. The view that sees profit maximization as the main objective is known as:
a) Shareholder theory
b) Principal-agent problem
c) Stakeholder theory
d) Corporation theory
Q15. Where an organization takes into account the effect its strategic decisions
have on society, this is known as:
a) Corporate governance
b) Business policy
c) Business ethics
d) Corporate social responsibility
Q16. Executive pay in the UK was reviewed by:
a) The Greenbury Committee
b) The Hampel Committee
c) The Cadbury Committee
d) The Higgs Committee
Taylor
Mayo
Drucker
McGregor
Herzberg
24. Which of the following powers stems form the positions place in a
managerial hierarchy and the authority vested in the position.
a. Legitimate power
b. Reward power
c. Expert power
25. Management is :
a. An Art
b. A Science
c. Both
26. Which of the following determines a persons ethical or unethical behaviour?
a. Values
b. Procedures
c. Rules
30. Which of the following is false about ethics and modern management?
a. Modern managers will feel growing pressure to behave ethically
b There are clear standards for judging ethical and unethical behavior
c Questions of ethics surround many management decisions
d Managers often navigate a moral maze in their decision-making
processes
31. The McKinsey 7-S Framework was employed by Peters and Waterman to
help them understand what made their 43 excellent companies worthy of the
accolade. The huge sales of their book "In Search of Excellence" have resulted
in the Framework being widely known and instantly recognisable.
Which statement below is true?
a. The Framework has no theoretical underpinnings at all. It is simply an ad hoc
collection of interesting characteristics of organisations culled from McKinsey
partners and a bunch of smart people. The proof of its arbitrariness is the exclusion
of GE from the line-up and the fall from grace of one third of the 'excellent'
companies within five years.
b. The 7-S Framework has stood the test of time. The process was fundamentally
sound, based on common sense, instinct and the views of unconventional people.
The eight themes are as relevant today as they were in 1982
c. The Framework is only applicable to large North American multinationals that
formed the basis of the study, and in any case is now obsolete since so much has
changed in the world of business since publication in 1982.
d. There are many competing explanations of why some companies succeed and
others don't that have been advanced by academics and consulting companies.
Peters and Waterman have done a better job at marketing their ideas.
32. Economic growth can be measured by:
a) The CPI
b) The CBI
c) GDP
d) MPC
36. The report writer should always remember that people have expectations
about what information they will find and where it will be. It is unusual for
final reports to have a section with:
a. recommendation.
b. research costs.
c. appendices.
d. method.
e. Executive summary
37. Recommendations should be based on:
a. assumptions
b. findings.
38. Dissatisfied stakeholders may behave in which of the following ways?