Mgt 502 Assignment # 01 Solution

Mgt502 Organizational Behavior

Assignment No. 1 Fall 2011 solution

“Attitudes at Workplace”

Mr. Asim works in a Software company “Soft Solutions”. After spending a year in the organization, he experienced that the management is biased; the promotions are mostly on the basis of personal choices and favoritism. It caused dissatisfaction to him that's why he decided to discuss this issue with the superiors. He met higher management and described all his reservations in this regard. He also suggested some improvements in the annual evaluation process and the promotion criteria. After a year, despite his hard work, best performance and punctuality; colleagues junior to him were promoted with increments and he was retained on the same position. He realized that the situation is not going to improve. So he decided to leave the Company and thus resigned.

Looking at the above scenario, answer the questions below:

Question No.1:

Which methods of expressing dissatisfaction have been used by Mr. Asim? (5+5)

Question No.2:

What are the other ways Mr. Asim could have used to express his dissatisfaction and what would have been the impact of that decision on his work related attitudes? (5+5)

Important Tips

1. This Assignment can be best attempted from the knowledge acquired after watching video lecture no. 1 to lecture no.09 and reading handouts as well as recommended text book.

Solution:

Question No.1:
Which methods of expressing dissatisfaction have been used by Mr. Asim? (5+5)


Answer:
Following Two Methods of Expressing Dissatisfaction have been used by the Mr. Asim:


1. Voice Method
Mr. Asim actively and constructively attempting to improve conditions, He met higher management and described all his reservations in this regard. He also suggested some improvements in the annual evaluation process and the promotion criteria.


2. Exit
Mr. Asim Behavior directed toward leaving the organization, and thus resigned because He realized that the situation is not going to improve.


Question No.2:
What are the other ways Mr. Asim could have used to express his dissatisfaction and what would have been the impact of that decision on his work related attitudes?


Employees respond to job dissatisfaction in one of the four ways.
1. Exit
2. Voice
3. Loyalty
4. Neglect


According to above He can use following two other ways to express his dissatisfaction:


1. Loyalty
Mr. Asim remain with the organization but response passively to his job dissatisfaction by accepting the status quo with-out raising any objections or making any suggestions for improvement but optimistically waiting for conditions to improve, including standing up for the organization in the face of external criticism/ crisis, and reposing trust in the organization


Impact of that decision


Management takes the right decisions and set things in order:


2. Neglect
Mr. Asim may remain in the organization and exhibit passive withdrawal behaviors such as putting forth less effort.


Impact of that decision
He will be promoted with increments

MGT 111 GDB Solution

MGT111 GDB Solution

Spring 2011

 

GDB

According to Laswell, politics is “who gets what, how, when and where.” Suppose you are Secretary of XYZ Ministry. You want to set up a new department of security in your organization to protect employees. This cover’s ‘what’ portion of Laswell’s definition of politics. Please explain ‘how’ organizational politics can be used in this case? Why politics is essential to setup a new department?

 

Solution:

Harold Lasswell defined values as desired goals and power as the ability to participate in decisions, and he conceived political power as the ability to produce intended effects on other people. In our particular scenario the secretary of XYZ Ministry wants a new department for the employees of the Ministry. To achieve this goal the Secretary must establish the fact that this new department is a need for the employees. Lasswell also maintained that power is held by the elite so the decision and work to establish the department must come through the secretary and after its completion the employees should be informed of it.

MGT 501 Assignment# 1 Solution

  Human Resource Management (MGT501)

Assignment No. 1 Marks: 15 

Semester Spring 2011

 

The growing importance of HR

With the march of awareness towards Human Resource Management, an HR Manager in an organization has become a hub or a central person whom must be consulted while taking any important decision regarding the organization.

The new trends like workforce diversity, technological advancement, globalization and emergence of knowledge workers has changed the themes of treating workers as machines. Now workers are treated as the most dynamic and valuable assets for the organizations that cause in separation of HR activities from the administrative activities.

With the given scenario, you are required to answer the following questions.

Q1. In your opinion, how HR activities are different from administrative activities? (10 marks)

Q2. Provide an example to explain that HR Manager must be consulted while taking any important decision. (05)

Word Limit: 300 at the most

Solution:

Question no# 1
In your opinion, how HR activities are different from administrative activities?
 

Answer
According to most recent facts and researches an HR Manager in an organization has become a central person who must be consulted while taking any important decision regarding the organization which cause in separation of HR activities from the administrative activities.

HR activities
1. HR sets payroll for employee.
2. HR helps in selection and hiring.
3. HR sets work time for employees.
4. HR provides compensation benefits
5. HR helps in designing leaves system
6. HR affords insurance coverage to employees.
 

Administrative activities
1. Administration makes sure its transfer to employees in time.
2. Administration helps in training and development.
3. Administration makes sure its implementation.
4. Administration makes sure its transfer.
5. Administration helps in Maintain the leave management system.
6. Administration helps in maintaining the record of insurance coverage.
 

Question no# 2
Provide an example to explain that HR Manager must be consulted while taking any important decision?
 

Answer

 In this competitive world role of HR Manager is very demanding and makes HR Manger involve in each decision of organization.

In my views HR Manger must be consulted while taking important decision of hiring new employees because in the end these are people (employees) who make the difference. If an organization hires good, honest, educated, energetic, dedicated and experienced persons then organization will grow faster than market.

MGMT630 GDB Solution

 

 

Seven Levers of Strategy Telecommunication sector of Pakistan

Analysis of may cases indicates seven commonly used levers Telecommunication sector of Pakistan:

1-      Customer Knowledge:

  First lever is customer Knowledge which is focusing on the developing deep knowledge through customer relationship(RM) and also using it to enhance customer success through improves p[roducts and services. Developing good customer knowledge also needs effective envoirnment scanningand market intelligence system togather and collate knowledge.     

2-      Knowledge in products and Services:

The second lever is very important that is related with knowledge of products and services telecommunication of Pakistan must have embading knowledge in products and surrounding them with knowledge intensive services.

3-      Knowledge in People:

Knowledge in people is the 3^rd lever of Knowledge Management that is used by Telecomminication sector of Pakistan. Telecomminication sector of Pakistan developing human competencies and nurturing an innovative culture where learning is valued knowledge is shared.

Learning Programs typically mesh competence development activties at several levels indiuals, team and organization.

4-      Knowledge in Process:

Knowledge in processes embading the telecommunication sector of Pakistan into business process, and giving access to expertise at critical points.

Every business process contains embaded knowledge. One way to enrich knowledge in process is to embed backup resource material.Acces to human expertise is avaible on IT system through a click here for help.

      

5-      Orgniozational Memory:

Organizational memory record existing experience for future use, both in the form of explict knowledge repositries and developing pointers to experties.

This  lever is  focusing  on organizational memory which is strategic lever helps adress the issue of “Knowing what you Know. It is also used to avoid repeating the mistakes of the past, and to draw lessons from similoar situations or cases from elswhere. Some examples of Knowledge databasees Includes:

6-    Knowledge in Relationships

Forexample when a salesperson leaves the Telecommunication sector of pakistan it is not just their products or customer knowledge that is lost. It may be much of the customer relationship. This relationship involes shared knowledge and understanding not just of needs and information, but of deeper knowledge such as behaviors, motivations personal characteristics, ambition and feelings. Such depth of knowledge is not easily replaced overnight.

          7-     Knowledge as an Asset:

Telecommunication sector of Pakistan the starting point of any asset based approach is that understanding its different components:

• Human Capital: it is the capital that is the minds of individuals, knowledge, competencies, experience, know How and etc.
• Structural Capital: the capital that is left after employee go home for the night Process, Information system, database and etc.
• Customer Capital: Customer relationships, brands, trademark and so on.

MGT 411 GDB Solution

MGT411

Discussion Question
Money Aggregate or money supply plays a crucial role in any economy, which not only counts the money supply at specific time period but also useful in taking different economic decisions. Definitions of different money aggregate are some how loosely defined but all the economists differentiate and classify M1, M2 & M3 on the single accepted base.

1.What is the main characteristic that distinguishes the different money aggregate definitions?
Solution:
Ans: The main characteristic that distinguishes the different money aggregate definitions is the Liquidity.
2.Which money aggregate definition is mostly used in economic decision around the world?
Solution:
Ans: M2 is used in economic decisions.
3. Justify answer given against part-b.
(provide only one reason)
Solution:
Ans: Economists use M2 when looking to quantify the amount of money in circulation and trying to explain different economic monetary conditions. M2 is a key economic indicator used to forecast inflation .

MGT 602 Quiz #1 Solved

MGT-602 Solved Quiz # 1

Question # 1 of 15 ( Start time: 11:15:51 AM )  Total Marks: 1 

Government can help in forming new venture by providing: 

Select correct option: 

 Finance

 Technology

 Infrastructure

 Subsidiaries

Question # 2 of 15 ( Start time: 11:16:50 AM )  Total Marks: 1 

The entrepreneur was distinguished from capital provider in: 

Select correct option: 

 18th century

 17th century

 19th and 20th century

 Middle ages

Question # 3 of 15 ( Start time: 11:17:09 AM )  Total Marks: 1 

Gazelles are the firms with: 

Select correct option: 

 High growth rate

 Moderate growth rate

 Zero% growth rate

 Low growth rate

Question # 4 of 15 ( Start time: 11:17:26 AM )  Total Marks: 1 

Which of the following is the mechanism for commercialization of an innovation and product development? 

Select correct option: 

 Intrapreneurship

 Marketing

 Stakeholders

 Finance

 

Question # 5 of 15 ( Start time: 11:17:43 AM )  Total Marks: 1 

Which one of the following is the fourth step in the entrepreneurial process? 

Select correct option: 

 Developing successful business ideas 

 Deciding to become an entrepreneur 

 Growing the entrepreneurial firm 

 Moving from an idea to an entrepreneurial firm 

Question # 6 of 15 ( Start time: 11:18:02 AM )  Total Marks: 1 

Factors contribute to the creation of new venture EXCEPT: 

Select correct option: 

 Government

 Finance

 High interest rates

 Role models

Question # 7 of 15 ( Start time: 11:18:18 AM )  Total Marks: 1 

Which one of the following term best describe a professional money manager who makes risk investments to obtain a high rate of return on the investment? 

Select correct option: 

 Entrepreneur

 Venture capitalist

 Corporate entrepreneur

 Eli Whitney

Question # 8 of 15 ( Start time: 11:18:40 AM )  Total Marks: 1 

An actor or a person who managed large production projects was termed as the entrepreneur in the _________. 

Select correct option: 

 Earliest period

 Middle ages

 17th century

 19th and 20th century

Question # 9 of 15 ( Start time: 11:18:56 AM )  Total Marks: 1 

Andrew Carnegie is an example of entrepreneur of which century: 

Select correct option: 

 Earliest period

 19th and 20th century

 Middle ages

 17th century

Question # 10 of 15 ( Start time: 11:20:15 AM )  Total Marks: 1 

Which of the following describes the statement "entrepreneurship within an existing organization"? 

Select correct option: 

 Intrapreneurship

 Entrepreneurship

 High potential venture

 Gazelles

Question # 11 of 15 ( Start time: 11:20:46 AM )  Total Marks: 1 

Which one of the following is the first step in the entrepreneurial process? 

Select correct option: 

 Developing successful business ideas 

 Deciding to become an entrepreneur 

 Growing the entrepreneurial firm 

 Moving from an idea to an entrepreneurial firm 

Question # 12 of 15 ( Start time: 11:21:07 AM )  Total Marks: 1 

___________ process of creating incremental wealth is called Entrepreneurship. 

Select correct option: 

 Dynamic

 Static

 Continuous

 Systematic

Question # 13 of 15 ( Start time: 11:21:23 AM )  Total Marks: 1 

Which two work environments should be good for spawning the new enterprises? 

Select correct option: 

 Finance and marketing

 Finance and R&D

 Marketing and R&D

 Marketing and IT

Question # 14 of 15 ( Start time: 11:21:40 AM )  Total Marks: 1 

The entrepreneur must possess the abilities: 

Select correct option: 

 Creative

 Conceptualization

 Understanding environment

 All of the given options

    

Question # 15 of 15 ( Start time: 11:21:55 AM )  Total Marks: 1 

Which of the following is the fruitful source for identifying business opportunities? 

Select correct option: 

 Business associates

 Technical people

 Consumers

 All of the given options

MGT 101 Assignment #1 Solution

Semester “Spring 2011”

“FINANCIAL ACCOUNTING – 1 (MGT101)”

Assignment No. 01 Marks: 20

Question No. 1

Determine the missing amount on each of the following options with the help of Accounting Equation.

Serial #	Assets	=Liabilities	+ Capital
1	Rs. 35,000	=Rs. 12,000	+ Rs. 33,000
2	Rs. 40,000	= Rs. 27,000	+ Rs. 13,600
3	Rs. 54, 000	= Rs. 9,000	+ Rs. 45,000
Total	Rs. 129000	= Rs. 138,000	+ Rs. 91600

Question No. 2

From the following transactions, identify the nature of expenditure whether Capital Expenditure or Revenue Expenditure by filling up the appropriate boxes given below

S. No. Transactions Nature of expenditure

1 Merchandise purchase for cash is                Revenue Expenditure

2 Paid rent of the building is                                      Capital Expenditure

3 Commission paid to the workers is              Revenue Expenditure

4 Cost of acquiring the patent rights is                       Revenue Expenditure

5 Installation cost of the machinery is            Capital Expenditure

Question No. 3

a) Briefly describe the difference between Tangible and Intangible Assets.

b) Write down the type of Asset (Tangible / Intangible) in the appropriate boxes given below.

S. No. Transactions Type of Asset

1 Raw Material / Stores is                                           Tangible Asset

2The Technology of information and database is                   Intangible Asset

3 Abilities and innovations of the employers is          Intangible Asset

4 The money – Cash at Bank is                                              Tangible Asset

MGT 211 Assignment#2 Solution

Introduction to Management (MGT211)

Assignment No.2

Product: Specialty

Place: Lahore

Price Pricing Plan: Less sale and high profit margin Pricing Strategy: Penetration Pricing Approach: Value exchange

Promotion Advertisement Strategy:  Advertising strategy consists of two major elements: ·         Creating advertising messages §  Message Strategy. §  Message Execution. ·        Selecting advertising media The major steps in media selection are: §  Deciding on reach, frequency, and impact; §  Choosing among major media types; §  Selecting specific media vehicles; §  Deciding on media timing. Promotion Strategy:   ·         Consumer sales promotion techniques §  Price Deals §  Advertising Specialties §  Coupons §  Sampling §  Rebates §  Premiums §  Cross-Promotions §  Contests, Games, Sweepstakes