Assignment

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Date Submitted: 08/30/2014 12:03 AM

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1 Year MBA - ASSIGNMENT |

SEMESTER 1 |

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[Abstract: Assignment is related to six question related to six subject of 1st semester of M.B.A. i.e. 1)Principle and Practice of Management 2) Human Resources Management 3)Financial Management 4)Marketing Management 5)Organizational Behavior 6)Principles of Economics ] |

INDEX

SR.NO. | SUBJECT-TOPIC | PAGE NO. |

1 | PRINCIPLES AND PRACTICES OF MANAGEMENT | 3 |

2 | HUMAN RESOURCES MANAGEMENT | 5 |

3 | FINANCIAL MANAGEMENT | 7 |

4 | MARKETING MANAGEMENT | 9 |

5 | ORGANIZATIONAL BEHAVIOR | 11 |

6 | PRINCIPLES OF ECONOMICS | 13 |

1.) Principles and Practices of Management

Question: How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?

Ans:

To influence people for group objective several organizational factors must be kept in mind to achieve target:

* Goal must be common and consistent throughout project and accepted by all member of group and discussed properly before implementation, so that error should be corrected and mental capability of team member can be judged.

* Team concept must be supported by Top management and commitment towards objective is required by all team members. For that active participation of self is desired.

* To give responsibility in well-defined manner, after judging each member’s ability and work efficiency

* Both real and perceived power delegated to the teams.

* Mutual accountability for team performance.

* To recognize and establish reward system for higher target.

* Majority team member designated as Manager or Dy. Manager in their respective role, as mental theory suggest that leadership feeling in individual improves work efficiency and his will to work hard increases. The Leadership responsibility may be given to team member for specific...