Management Theory and Practice - NMIMS

 

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NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course:  Management Theory and Practice

Assignment Marks: 30

Instructions:

·       All Questions carry equal marks.

·       All Questions are compulsory

·       All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far aspossible.

·       All answers to be written individually. Discussion and group work is not advisable.

·       Students are free to refer to any books/reference material/website/internet for attempting theirassignments, but are not allowed to copy the matter as it is from the source of reference.

·       Students should write the assignment in their own words. Copying of assignments from otherstudents is not allowed.

·       Students should follow the following parameter for answering the assignment questions.

 

For Theoretical Answer			For Numerical Answer
Assessment Parameter	Weightage		Assessment Parameter	Weightage
Introduction	20%		Understanding and usage of the formula	20%
Concepts and Application related to the question	60%		Procedure / Steps	50%
Conclusion	20%		Correct Answer & Interpretation	30%

 

 

 

 

 

 

Question. 1. ABC Ltd. has been going through a bad phase off late in their Business of Machine Spare Parts. The lockdown and the Covid 19 scenario have impacted them even more. Someone suggested them to use the 5 S technique to bring about a positive Change. Can you as a consultant guide them on the same as they are clueless about the same? (10 Marks)

 

Introduction

 

In today's world, companies are adopting several marketing strategies to stay ahead of other competitors. Through following the leaner operation, the world-class companies are fueling their growth journey to a greater extent. They aim to establish an environment where everyone works for continuous improvement. In today's manufacturing scenario, every manufacturing company tries to follow the 5S technique as a part of its ongoing improvement program. Toyota first innovates this technique as a part of their journey towards reducing waste within a facility. The

 

 

Question. 2. You are hired as an external consultant to analyze the culture of XYZ Ltd. Can you please explain that how will you analyze the same using Trompenaar's 7 Dimensions of Culture? (10 Marks)

 

Answer: Introduction

In recent times, business establishments have witnessed a sudden change in workplace culture and attitude. The business activities have become more diverse due to globalization. Globalization has enabled the company to expand its services worldwide and continue its use; they need to work with diverse cultures. It is observed that a diverse workforce will yield better and fast result, but when things don't go well, then managing such workforce become a strenuous job for managers of the organization. Here, Trompenaar's seven dimensions of culture model help managers rectify such a problem and give a solution for manipulating the diverse workforce. If the crew is rich in culture and mixed, then the organization's managers enjoy more productive work. The organizations with a diverse workforce can make a stable output by employing a skilled and knowledgeable diverse workforce. This model is being discussed below with clear note to guide the managers over

 

 

Question. 3. A newly set up start-up company is confused about how to get their organizational structure correct and would want to take some guidance from you

a. Can you share some characteristics of an effective organizational structure (5 Marks)

Answer : Introduction

 

The organizational structure is one of the critical components for the managers to carry out their daily tasks effectively. Many managers are confused about accomplishing the project due to the lack of proper organizational structure present in the company. The organization structure is a system that is followed by every worker in an organization. It ensures the managers of how the everyday task of an organization can be carried out. 

A manager must implement organizational structure effectively, aiming to give proper working space and atmosphere for employees. Several key characteristics of an effective organizational structure of an organization are given clearly.

 

Discussion 

 

 

b. Can you explain how will the 6 box model help the organization designing its structure (5 Marks)

Introduction

The six box model is an effective management strategy and model by which an organization can rectify their problem. This model also helps the managers to find out the main issues associated with the organization. This model's six components enable the organization's managers to the areas where they were not known to. This model assists the managers of the organization by delving into the main areas of the problem. Therefore, it is of prime

Hello MBA aspirants,

Get MBA assignments of NMIMS University solved by educational professionals at a nominal charge.

Mail us at: help.mbaassignments@gmail.com

Call us at: 08263069601