CUSTOMER_CODE SMUDE DIVISION_CODE SMUDE EVENT_CODE OCTOBER15 ASSESSMENT_CODE MB0038_OCTOBER15 QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 8807 QUESTION_TEXT What do you understand by leading? Discuss the importance of leading in an enterprise. SCHEME OF EVALUATION Leading is the process of setting direction, creating alignment, and creating engagement to deliver high productivity and to facilitate change. Importance of leading are 1.Initiates actions 2.Sustains action 3.Integrates efforts 4.Means of motivation 5.Provides stability 6.Copes with the changes 7.Utilizes resources efficiently (Total 10 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 8809 QUESTION_TEXT Give the meaning of social loafing. Analyze the group decision making techniques in detail. SCHEME OF EVALUATION Social loafing occurs when one or more group members rely on the efforts of other group members and fail to contribute their own time, effort, thoughts or other resources to a group since it is harder to attribute the group’s output to individual contributions.(2 marks) Group decision making techniques are 1.Interacting 2.Brainstorming 3.Nominal group technique 4.Electronic meeting Points to be explained, 2 marks each QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 73005 QUESTION_TEXT Briefly discuss the various models used in the strategic planning and decision making. SCHEME OF EVALUATION TOWS matrix - SO, WO, ST, WT. (3 marks) Portfolio matrix or BCG matrix (2 marks) Porters five forces model (3 marks) Blue Ocean (2 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 73008 QUESTION_TEXT Define leadership. Enumerate various functions of leading. Definition of leadership 1 mark Function SCHEME OF EVALUATION Settling direction Creating alignment Creating engagement (9 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 73010 QUESTION_TEXT Define organizational change? Identify the various forces of change? SCHEME OF EVALUATION Organizational change may be defined as “the adoption of a new idea or a behavior by an organization”. It I is a way of altering an existing organization to increase the organizational; effectiveness for achieving its objectives. Forces of change Forces for change can be internal or external. Internal forces * Change in the top management – Change in the top management and consequent change in the ideas to turn the organization. * Change in the size of the organization – Change in the organizations size leads to change in the internal structure and complexity of the operations in the organization. * Performance gaps – When a gap between the set target and actual results is identified, organizations face the forces to change and reduce the gap. * Employee needs and value – With changing needs and values of the employee, organizations change their policies. * Deficiency in the existing organization – Sometimes changes are necessary because of the deficiency in the present organizational arrangement and process. These deficiency may be in the form of unmanageable spam of management, large number of managerial levels, lack of co-ordination between various departments, obstacles in communication, multiplicity of committees, lack of uniformity in policy decisions, lack of co-operation between line and staff. * Change/addition to business – If you change the business or add businesses, these will force a change in the organization. External forces * Political and legal environment – When this changes, business has to adapt and change. For example , if there is a labour law change or if the international law of taxation changes or the country signs agreements with other countries leading to export/import of goods, induction of FDI etc. the organization has to change. * Economic – When the economic changes take place, the companies have to change. For example, when the economic downturn took place in the world in 2008, many change s were incorporated in India also. * Social – With social awareness such as rules of acquisition of land and attitude towards mining and when more inclusiveness is warranted by the society, etc. the business has to change. * Technology – In today’s world, technology leads and compels many changes such as the change created due to mobile phones, ATMs etc QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 124884 Explain the 14 principles of management by Henri Fayol. QUESTION_TEXT SCHEME OF EVALUATION 1. Division of labour 2. Authority and responsibility coexist 3. unity command 4. Unity direction 5. Equality 6. Order 7. Discipline 8. Initiative 9. Fairness 10. Stability 11. Scalar chain 12. Subordination of individual interest to general interest 13. Esprit de corps 14. Centralization and decentralization (10 marks)