Course: Management Theory & Practice
Level: MBA Marks: 100
Instructions: To answer each question please pursue the following guidelines:
– Review the literature to develop your understanding about the topic.
– Find the practical examples from authentic sources
– Build up arguments to support your conclusion
– Use Internet and Library sources to enrich your answers
– To maintain your academic integrity and honesty, please integrate source material.
– There are basically three ways to integrate source material into your writing. You may
o Quote it.
o Paraphrase it.
o Summarize it.
ASSIGNMENT No. 1
Q.1 Why is it important to examine management from different perspectives? What do you gain from this type of examination? Think of other possible perspectives or metaphors you could use to describe management (e.g., management is a profession; management means "being in charge"). What does your new perspective tell you about management that adds to your understanding? (15)
Q.2 Effective managers need technical, human, and conceptual skills. Do all managers need these in the same mix? In other words, would some managers need more than one? Why? Describe the managerial skills you think you need to develop to be an effective manager, and suggest how this might be done. (17)
Q.3 Are there industries that will be immune to changes in the global environment and as a consequence will be influenced primarily by their domestic external environment? Name at least two and explain why. (17)
Q.4 Pick up a country and go to the library or the Internet to find some information about its resources, government, political and legal systems, and physical infrastructure. What type of business would do well in that country? Why? (17)
Q.5 What would a SWOT analysis of your university look like? What are your university's key strengths and weaknesses? What are the major threats in the external environment? What are the opportunities? Make a list of all you can think of. (17)
Q.6 Organizational design skills are critical to career success, but total organizational design or redesign typically is not put in the hands of newly hired managers. Why then is it important for you to understand early in your career the structure and the specific differentiation and integration mechanisms of the organization you work in? (17)