Assignment GDB Solution: MGT503 Principles of Management

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MGT503 GDB 2 Solution Feb 2015

Discuss whether Management by Objectives (MBO) is used to motivate or control the people? Solution: MBO is a process or system designed for supervisory managers in which a manager and his or her subordinate sit down and jointly set specific objectives to be accomplished within a set time frame and for which the subordinate is then […]

MGT503 Principles of Management GDB 1 Solution Fall 2014

The dominant perspective of management is that managers are solely responsible for success or failure of an organization, whereas the other perspective argued that there are external forces which are beyond manager’s control. Hence, success or failure cannot be solely attributed to manager. Discussion Question: Keeping in view these perspectives, Discuss your point of view […]

MGT503 Principles of Management Quiz 5 Solved Spring 2014

1. Estimated cost of Sydney Opera House was: $7 Million $102 Million $95 Million $60 Million 2. News reporters are generally considered as performing the ________________ role. Interpersonal Informational Decisional Organizational 3. Fredrick Taylor was the student of: Robert Owen Charles Babbage W. Edwards Deming Henry Towne 4. Primarily managers perform which of the following […]

MGT503 Principles of Management Assignment 2 solution Spring 2014

Motivation is the force that moves people to initiate, direct and sustain behaviors and action to achieve personal and organizational goals. There are different schools of thought who have presented a number of theories to motivate people. It is imperative for the students of management to have a good understanding and application skills of these […]

MGT503 Principles of Management GDB Solution Spring 2014

Learning Objectives: To help the student in understanding the levels of management. To sharpen their analytical skills in understanding and distinguish between the managers levels and their skills You have read three levels of management. Question: Is a manager’s scope of responsibility always related to management level? Why or why not?. Discuss your point of […]

MGT503 Principles of Management Assignment 2 Solution Fall 2013

Scenario: ‘Technology Mind’ is a manufacturer of computer accessories and acquires 15% of the market share. The newly appointed CEO, Mr. Fahad thought of increasing company’s presence in the market and aimed to achieve annual sales of Rs. 0.5 billion by the end of 2015. In order to achieve this target, he planned to reposition […]

MGT503 Principles of Management GDB Solution Fall 2013

Dear Students This is to inform that Graded Discussion Board (GDB) No. 02 will be opened on 20th Jan, 2014 for discussion and last date of discussion will be 22nd Jan, 2014. Topic/Area for Discussion:  “   Goal Setting       ” This Graded Discussion Board will cover first 27 lessons. Scenario: “Quality cables Pvt Ltd” is a well-known and well performing company involved in […]

MGT503 Principles of Management GDB 1 Solution Fall 2013

Dear Students! This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on November 19, 2013 for discussion and last date for posting your discussion will be November 21, 2013. Topic/Area for Discussion  “CLASSICAL VIEW OF MANAGEMENT (SCIENTIFIC AND BUREAUCRATIC)”

MGT503 Principles of Management GDB Solution Spring 2013

Sorwest pvt ltd is a local manufacturer of high performance motorcycles. Company is facing serious economic problems from last few years. Regardless of many efforts, company is unable to come out of the financial losses. Right now, Sorwest is facing severe financial crisis. The employees of the organization are demotivated because they are not promoted according to the policies […]