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Course: Management Theory and Practice
1. Mr. Rathi, a Tax consultant has advised you to invest in property to save
money in taxes. You have been paying a lot of money through taxes, so you
take his advice and now plan to buy a new house for investment purpose.
Explain various steps that you will go through in making a decision for
purchasing a new house.
(10 Marks)
2. There are three models of decision making, explain the model that will apt
for purchasing a house. Explain the same with reason. Also, suggest the
reason for not accepting the remaining models for purchase of the house. (10
Marks)
3. a. As per Maslow’s need of hierarchy model where do you stand in the
model if you are:
Situation A: Purchasing the house for your personal stay and usage.
Situation B: Purchasing the house for investment purpose.
Explain the above given points with detail reasons.
(5 Marks)
3. b. As per Alderfer’s ERG Model where do you stand in the model if you
are:
Situation A: Purchasing the house for your personal stay and usage.
Situation B: Purchasing the house for investment purpose.
Explain the above given points with detail reasons. (5 Marks)