Thursday, June 17, 2010

Mgt503 Assignment No. 2 solution

QUESTION NO 1 WHAT DO U you think goals might play in a company’s planning for any possible pandemic outbreak?list down some goals that you think might will be important . 

Answer. Goals are desires outcomes for individuals, groups, or entire organization. They are also called ‘objectives’. The goals play very important role in a company’s planning They guide all management decision and from the criterion against which actual work being done is measured. They are also called the FOUNDATION of planning. Goal setting and planning is often called the primary management function because it established the basis for all other things that managers do. Without goal setting and planning, managers would not know what to organize and lead, and control. in other words goals provide the direction for all management decision and actions and from the criteria against actual accomplishment are measured. Some goals that is important: Most company‘s goals can be classified as either strategic or financial .every organization has its own goals, in this case …. 

Respect the environment 
Promote community welfare 
Continue implementing quality system 
Identify potential unexpected events 
Have a appropriate response (plan)in place if these unexpected events occur 

Question no 2 : 
what types of plan companies need for this situatuation (for instance short term ,long term or both )explain why you think these plans are important in this situation . 

Answer. The most popular ways to describe organizational plans are by their BREDTH, TIME FRAME, SPECIFICITY, and FREQUENCY OF USE. Strategic plans are long term, directional,and single use. operational plans are shorter term ,specific ,and standing . In this case government and health officials need to time frame (long term and short term planning). Why these plans are are important? Planning provides direction to government and health official ,that what they must contribute to reach goals ,they can coordinate their activities, cooperate with each other and do what it takes to accomplish those goals. Without planning, departments and individuals might work at cross-purpose, preventing the organization from moving efficiently towards its goals. Planning also reduce uncertainty by forcing managers to look ahead. Planning minimize waste and redundancy. Planning established the goals used in controlling. Planning will increase the performance of health officials in this case to limit the spread of decease. 

Question no 3. 
Being a manager what planning tools would you recommended to deal with this type of situation effectively? 

Answer: There are different types of tools that used in planning like environment analysis, environment scanning, competitor intelligence, forecasting and benchmarking. In this situation I think benchmarking is the best tool to deal with this type of situation effectively. The basic idea behind benchmarking is that we can improve performance by analyzing and coping the methods of leaders in various fields. As in this situation Asian and particularly south Asian countries had planned. According to survey 80 corporate nearly every company had someone in charge of such catastrophic situation and most of them had clearly mapped out plans that could be implemented immediately in such a crisis situation. So we can improve performance by analyzing and copying the methods of that company. 

Mgt503 Assignment No. 2 solution

QUESTION NO 1 WHAT DO U you think goals might play in a company’s planning for any possible pandemic outbreak?list down some goals that you think might will be important . 

Answer. Goals are desires outcomes for individuals, groups, or entire organization. They are also called ‘objectives’. The goals play very important role in a company’s planning They guide all management decision and from the criterion against which actual work being done is measured. They are also called the FOUNDATION of planning. Goal setting and planning is often called the primary management function because it established the basis for all other things that managers do. Without goal setting and planning, managers would not know what to organize and lead, and control. in other words goals provide the direction for all management decision and actions and from the criteria against actual accomplishment are measured. Some goals that is important: Most company‘s goals can be classified as either strategic or financial .every organization has its own goals, in this case …. 

Respect the environment 
Promote community welfare 
Continue implementing quality system 
Identify potential unexpected events 
Have a appropriate response (plan)in place if these unexpected events occur 

Question no 2 : 
what types of plan companies need for this situatuation (for instance short term ,long term or both )explain why you think these plans are important in this situation . 

Answer. The most popular ways to describe organizational plans are by their BREDTH, TIME FRAME, SPECIFICITY, and FREQUENCY OF USE. Strategic plans are long term, directional,and single use. operational plans are shorter term ,specific ,and standing . In this case government and health officials need to time frame (long term and short term planning). Why these plans are are important? Planning provides direction to government and health official ,that what they must contribute to reach goals ,they can coordinate their activities, cooperate with each other and do what it takes to accomplish those goals. Without planning, departments and individuals might work at cross-purpose, preventing the organization from moving efficiently towards its goals. Planning also reduce uncertainty by forcing managers to look ahead. Planning minimize waste and redundancy. Planning established the goals used in controlling. Planning will increase the performance of health officials in this case to limit the spread of decease. 

Question no 3. 
Being a manager what planning tools would you recommended to deal with this type of situation effectively? 

Answer: There are different types of tools that used in planning like environment analysis, environment scanning, competitor intelligence, forecasting and benchmarking. In this situation I think benchmarking is the best tool to deal with this type of situation effectively. The basic idea behind benchmarking is that we can improve performance by analyzing and coping the methods of leaders in various fields. As in this situation Asian and particularly south Asian countries had planned. According to survey 80 corporate nearly every company had someone in charge of such catastrophic situation and most of them had clearly mapped out plans that could be implemented immediately in such a crisis situation. So we can improve performance by analyzing and copying the methods of that company. 

Assignment No. 2 Mgt 503

Semester “Spring 2010”
“Principles of Management (MGT503)”
Assignment No. 2
Marks: 30
PLANNING
IMPORTANCE OF PLANNING
As the news of influenza pandemic broke out, it was witnessed that the government and health
officials rushed to purchasing medicines, conducting disaster drills and taking such initiatives
that would limit the spread of these diseases.
However, one survey indicated that 72% companies had not even begun to prepare for the bird
flu pandemic. Most of the business officials in United States stated that they had nobody in
charge of a plan that could identify the severity of the issue and its impact on operations. On the
contrary, Asian and particularly Southeast Asian countries had planned for this situation, as
they previously had to deal with the SARS outbreak in 2003 which brought the regions’
commerce to a standstill. But they were well prepared this time. A survey of 80 corporate
officials held by American Chamber of Commerce in Hong Kong found that nearly every
company had someone incharge of such catastrophic situations and 60 percent stated that they
had clearly mapped out plans that could be implemented immediately in such a crisis situation.
For instance, HSBC, a global bank took steps to help and prepare its employees work from
home and also prepared to divide work among multiple sites. Even FedEx said it had prepared
contingency plans down to every district or market in Asia Pacific.
But what about those businesses that had not yet prepared for a potential outbreak? A report on
the outbreak of such a deadly flu reported. “In a world where the global supply chain and real-
time inventories determine almost everything we do, down to the food available for purchase in
our grocery stores, the importance of advanced planning can not be overstated.”
1. What role do you think goals might play in a company’s planning for any possible
pandemic outbreak? List down some goals that you think might will be important
2. What type of plans might companies need for this situation ( for instance short term,
long term or both) Explain why you think these plans are important in this situation
3. Being a manager what planning tools would you recommend to deal with this type of
situation effectively?
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 18 to lecture no 24 and reading handouts as well as
recommended text book).
2. Video lectures can be downloaded for free from www.youtube.com/vu.
Schedule
Opening Date and Time
June 17th, 2010 At 12:01 A.M. (Mid-Night)
Due Date and Time
June 22nd, 2010 At 11:59 P.M. (Mid-Night)
Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned
due date is usually available to overcome uploading difficulties which may be faced by the
students on last date. This extra time should only be used to meet the emergencies and above
mentioned due dates should always be treated as final to avoid any inconvenience.
Important Instructions:
Please read the following instructions carefully before attempting the assignment solution.
Make sure that you upload the solution file before the due date. No
assignment will be accepted through e-mail once the solution has been
uploaded by the instructor.
Formatting guidelines:
Use the font style “Times New Roman” and font size “12”.
It is advised to compose your document in MS-Word 2003.
Use black and blue font colors only.
Solution guidelines:
Maximum word limit for attempting each question is 50
It is preferable to express your answer in bullets form
Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information
for
better
understanding
or
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
Every student will work individually and has to write in the form of an
analytical assignment.
Give the answer according to question, there will be negative marking
for irrelevant material.
For acquiring the relevant knowledge don’t rely only on handouts but
watch the video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
It has been submitted after due date
The file you uploaded does not open or is corrupt
It is in any format other than .doc (MS. Word)
It is cheated or copied from other students, internet, books, journals etc…

Assignment No. 2 Mgt 503

Semester “Spring 2010”
“Principles of Management (MGT503)”
Assignment No. 2
Marks: 30
PLANNING
IMPORTANCE OF PLANNING
As the news of influenza pandemic broke out, it was witnessed that the government and health
officials rushed to purchasing medicines, conducting disaster drills and taking such initiatives
that would limit the spread of these diseases.
However, one survey indicated that 72% companies had not even begun to prepare for the bird
flu pandemic. Most of the business officials in United States stated that they had nobody in
charge of a plan that could identify the severity of the issue and its impact on operations. On the
contrary, Asian and particularly Southeast Asian countries had planned for this situation, as
they previously had to deal with the SARS outbreak in 2003 which brought the regions’
commerce to a standstill. But they were well prepared this time. A survey of 80 corporate
officials held by American Chamber of Commerce in Hong Kong found that nearly every
company had someone incharge of such catastrophic situations and 60 percent stated that they
had clearly mapped out plans that could be implemented immediately in such a crisis situation.
For instance, HSBC, a global bank took steps to help and prepare its employees work from
home and also prepared to divide work among multiple sites. Even FedEx said it had prepared
contingency plans down to every district or market in Asia Pacific.
But what about those businesses that had not yet prepared for a potential outbreak? A report on
the outbreak of such a deadly flu reported. “In a world where the global supply chain and real-
time inventories determine almost everything we do, down to the food available for purchase in
our grocery stores, the importance of advanced planning can not be overstated.”
1. What role do you think goals might play in a company’s planning for any possible
pandemic outbreak? List down some goals that you think might will be important
2. What type of plans might companies need for this situation ( for instance short term,
long term or both) Explain why you think these plans are important in this situation
3. Being a manager what planning tools would you recommend to deal with this type of
situation effectively?
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 18 to lecture no 24 and reading handouts as well as
recommended text book).
2. Video lectures can be downloaded for free from www.youtube.com/vu.
Schedule
Opening Date and Time
June 17th, 2010 At 12:01 A.M. (Mid-Night)
Due Date and Time
June 22nd, 2010 At 11:59 P.M. (Mid-Night)
Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned
due date is usually available to overcome uploading difficulties which may be faced by the
students on last date. This extra time should only be used to meet the emergencies and above
mentioned due dates should always be treated as final to avoid any inconvenience.
Important Instructions:
Please read the following instructions carefully before attempting the assignment solution.
Make sure that you upload the solution file before the due date. No
assignment will be accepted through e-mail once the solution has been
uploaded by the instructor.
Formatting guidelines:
Use the font style “Times New Roman” and font size “12”.
It is advised to compose your document in MS-Word 2003.
Use black and blue font colors only.
Solution guidelines:
Maximum word limit for attempting each question is 50
It is preferable to express your answer in bullets form
Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information
for
better
understanding
or
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
Every student will work individually and has to write in the form of an
analytical assignment.
Give the answer according to question, there will be negative marking
for irrelevant material.
For acquiring the relevant knowledge don’t rely only on handouts but
watch the video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
It has been submitted after due date
The file you uploaded does not open or is corrupt
It is in any format other than .doc (MS. Word)
It is cheated or copied from other students, internet, books, journals etc…

Wednesday, June 16, 2010

Want to pay VU Fee from ur own Pocket/income instead of Parents???


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Click this following link and get register urself and get CODE from your login and start making money. Its really very easy and real (its VUsolutions guarantee).


Best of luck..

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Want to pay VU Fee from ur own Pocket/income instead of Parents???


Dear students/visitors,

VUsolutions proudly introducing a website which help you to earn ONLINE MONEY $.

If you want to pay ur VU FEE from your own income/pocket then you may click the following link 
to earn money online:

click this link for creation of login and then generate money, its VUsolutions gaurantee.

MUST TRY IT, its REAL and VERY EASY to earn money.

Also forward the following code to ur friends through email, this code also generate income for you (pls remember send email only from that personal login through which registered urself on that website). 

Click this following link and get register urself and get CODE from your login and start making money. Its really very easy and real (its VUsolutions guarantee).


Best of luck..

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Tuesday, June 15, 2010

MGT502 Online Quize No. 2 (15 June 2010)

OB quiz# 2
 quizzes attempted on 15-06-2010


In the modern work world, where higher-level trust has been largely destroyed because of broken promises, it is likely to be replaced with which of the following type of trust?
Select correct option:

Reliance-based
Dependence-based
Knowledge-based
Identity-based





The primary change agents in an organization are:


Select correct option:





Employees
Managers
Leaders
Stakeholders






“Fahad is easy-going at home, but at work he becomes very tense and anxious.” This statement attributes Fahad’s personality more to which of the following?


Select correct option:





Heredity
Environment
Situation
Locus of control






Which of the following theories was proposed by Douglas McGregor?


Select correct option:





Hierarchy of needs theory
Theories X and Y
Two-factor theory
Expectancy theory






Which of the following term is used to describe broad range of feelings that people experience?


Select correct option:





Mood
Affect
Emotion
Emotional Intelligence






One of the shortcuts used to judge others involves evaluating a person based on how he/she compares to other individuals on the same characteristic. What is this shortcut called?


Select correct option:





Selective perception
The contrast effect
The halo effect
Stereotyping






Which of the following answer choices is the best definition of attitude?


Select correct option:





Attitudes are the yardstick by which one measures one’s actions
Attitudes are the emotional part of an evaluation of some person, object or event
Attitudes are evaluative statements of what one believes about something or someone
Attitudes are a measure of how the worth of an object, person or event is evaluated






Which one of the following would NOT be considered a human skill in Katz’s structure?


Select correct option:





Decision making
Communicating
Working as part of a team
Listening to others






Mr. Zulfiqar, Manager in ABC Company, always assume that employees don't like to work and avoid working whenever possible, So he uses to threaten employees to achieve their goals. Which theory is he applying?


Select correct option:





Theory Z
Theory Y
Theory X
Goal Setting Theory






Which one of the following is NOT a component of an organization


Select correct option:





People
Place
Structure
Task






What is/are the key element(s) of motivation?


Select correct option:





Intensity
Direction
Persistence
All of the given options






Which of the following terminal values was ranked as the most important by executives?


Select correct option:





Freedom
Self-respect
Family security
Social security






According to Robert Katz, when managers have the mental ability to analyze and diagnose complex situations, they possess _____________ skills.


Select correct option:





Technical

Leadership

Problem-solving

Conceptual



Which of the following is NOT an important issue relating to goal-setting theory?
Select correct option:

Goal specificity
Equity among co-workers
Feedback
Defining the goal


An OB study would be least likely to be used to focus on which of the following problems?
Select correct option:

An increase in absenteeism at a certain company
A fall in productivity in one shift of a manufacturing plant
A decrease in sales due to growing foreign competition
Excessive turnover in volunteer workers at a non-profit organization






Which of the following is NOT one of the most common types of teams?


Select correct option:





Problem-solving
Interdepartmental
Self-managed
Cross functional






Which of the following term is used to define tendency to draw a general impression about an individual on the basis of a single characteristic?


Select correct option:





Contrast Effect
Halo effect
Self-Serving bias
Selective Perception


Group behavior, power, and conflict are central areas of study for _____________.


Select correct option:





Sociologists
Anthropologists
Social psychologists
Operations analysts


Which of the following is LEAST likely to create dependency?


Select correct option:





Importance
Non substitutability
Power legitimacy
Supply and demand ( not sure, pls confirm)



Hadia is an office worker who processes health insurance forms. She has worked at her present job for three years. Initially she was criticized by her supervisor for careless work, but in the months after that improved considerably. Now she consistently processes her forms without errors and above quota. However she has found her supervisor has not responded to the extra effort she puts in, giving her no praise and no financial reward. Hadia will most likely perceive that there is a problem in which of the following relationships?
Select correct option:

Rewards-personal goals
Performance-reward
Effort-performance
Rewards-effort


Explaining, measuring and changing behavior of humans or animals are concerned with:


Select correct option:





Operational analysts
Scientists
Psychologists
Sociologists


Ahmed is responsible to transmit information to outsiders on organization’s plans, policies, actions and results. Which managerial role is he playing in organization?


Select correct option:





Disseminator
Spokesperson
Representative
Figurehead


The process of forming impression( through combining, integrating and interpreting information) of someone on the basis of previous attitude of ours, stimulus and current mood is called__________________.


Select correct option:





Selective Perception( not sure, pls confirm)
Mood
Behavior
Social Perception


Your company’s director of human resources suggests that the problem with the recruitment process is not the interviewers, but rather the fact that the interviewers lack a clear understanding of the traits and skills required for each position. Which type of team would be most likely to assemble to compile a list of the required skills?


Select correct option:





Virtual team
Self-managed team
Task force (not sure pls confirm)
Problem-solving team


Which of the following terminal values was ranked as the most important by executives?


Select correct option:





Freedom
Self-respect
Family security
Social security


Which of the following answer choices is the best definition of attitude?


Select correct option:





Attitudes are the yardstick by which one measures one’s actions
Attitudes are the emotional part of an evaluation of some person, object or event
Attitudes are evaluative statements of what one believes about something or someone
Attitudes are a measure of how the worth of an object, person or event is evaluated


The managers of a multinational company are located in Taiwan, India, Brazil, and the United States. Which group decision-making technique seems most reasonable for this organization?


Select correct option:





A postal service interaction
A brainstorming session
A nominal group
An electronic meeting


Psychology’s major contributions to the field of organizational behavior have been primarily at what level of analysis?


Select correct option:





The level of the group
The level of the individual
The level of the organization
The level of the culture


What is the term used for a general impression about an individual based on a single characteristic such as intelligence, sociability, or appearance?


Select correct option:





The contrast effect
Personal bias
The halo effect
Projection


If a person responds the same way over time, attribution theory states that the behavior shows:


Select correct option:





Distinctiveness
Consensus
Consistency
Continuity


Using operant conditioning, which of the following is NOT a method that can be used to change behavior?


Select correct option:





Negative reinforcement
Punishment
Counseling
Positive reinforcement






Emotional intelligence appears to be especially relevant in jobs that demand which of the following?


Select correct option:





Social Interaction
Commitment
Charisma
Leadership Skills


Which one of the following would be considered a motivator in the two-factor theory?


Select correct option:





Salary
Bonuses
Working conditions
Responsibility



The study which enables us to learn about human beings, their activities and societies is known as


Select correct option:





Political Science
Sociology
Anthropology
Organizational Behavior


Mr.Muneeb is responsible for corrective actions when his organization faces important and unexpected disturbance. What management role is he playing?


Select correct option:





Negotiator
Disturbance handler
Resource Allocator
Dissemenator


Rizwan is low on conscientiousness. This would lead you to suspect that which of the following statements is most likely to be true about Rizwan?


Select correct option:





He will be easily distracted
He will find comfort in the familiar
He will be comfortable with solitude
He will be nervous, depressed, and insecure


Miss Manaal, HR Executive of XYZ company, rejected all those candidates who graduated from ABC University. It is an example of:


Select correct option:





Projection
Selective Perception
Stereotyping
Halo effect


___________ focuses on the study of people in relation to their social environment.


Select correct option:





Psychology
Sociology
Corporate strategy
Political science


Which of the following is the expected weakness of group decision making?


Select correct option:





Less complete knowledge
More time will be used to make the decision
Employees will be less accepting of the group decision
The decision will probably be a lower quality decision