NMIMS - Management Theory and Practice

 

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Management Theory and Practice

 

1. Your organization is launching a multivitamin capsule aimed at elderly women all over the world during COVID-19 times. What forms of business communication tools would you select to successfully promote your newly launched product considering each tool's pros & cons? Do come up with brand nomenclature and tagline too.

Introduction

For constructing business activities, management practice and theory are critical. People who create management theories rely on observation and mathematics. However, management theory and practice depend on crucial factors in many business objectives. It could manage complex organizations in the central thesis. Everyone can understand its importance by seeing the case scenarios below. It acts upon observation and management practices. By providing a concise introduction, the reader will have a better understanding.

For promoting

 

2. You have been appointed as an external consultant to M/s NorthStar & Co. It has been observed that employees are currently feeling worried about their job security and are planning to leave the organization during COVID-19 due to extended lockdown. You are a small & medium enterprise & have a turnover of Rs.10 crores. What would you do to motivate & retain existing employees? Suggest at least five innovative approaches towards employee motivation.

Introduction

Employee motivation is essential for an organization.  The organization must understand the importance of employees and do the needful. We should stay apart from negative thoughts and avoid a poor perspective towards the employee. Instead of motivating them generally and fun, try to include some innovative methods. You can understand in detail the below examples. The five approaches to motivation speech are deeply explained below.

Implement a four-day workweek

When you try to motivate

3. A. You have decided to sell Air India to Vistara, which is part of the Tata Group. Your employees are resisting this change proposed by you. Suggest at least five techniques to manage resistance to change.

Introduction

Change is the only thing we need today. In this situation, we have to change many things to lead a secure lifestyle. In some organizations, they are changing terms and conditions depend on this situation. For employees, change is very must and manages upsetting.

In this scenario, employees are resisting to change. Due to specific reasons, they could not agree to replace it with others. Of course, some of the techniques will manage resistance of change in a simple manner. It takes management best practices research, conduct by two decades. It is associated with the excellent

 

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