3. Explain the process of negotiation. Negotiation is a dialogue intended to resolve disputes‚ to produce an agreement upon courses of action‚ to bargain for individual or collective advantage‚ or to craft outcomes to satisfy various interests. It is the primary method of alternative dispute resolution. Negotiation occurs in business‚ non-profit organizations‚ government branches‚ legal proceedings‚ among nations and in personal situations such
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SUMMER SESSION – 2013 MASTER OF BUSINESS ADMINISTRATION- SEMESTER 1 ROLL No. : 1408000472 Nitin Baban Borkar MB 0038: Management Process and Organization Behavior Q.1 Define the terms “strategy’/. Explain the following: a) Corporate Strategy b)Business Strategy C)Functional Strategy Ans: Strategy means the grand plan and the term is borrowed from the military which distinguished between the grand plan and actual action by calling the former strategy and the latter tactics. Corporate strategy
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Administration-MBA Semester 1 MB0022/ MB0038 – Management Process and Organization Behavior - 4 Credits (Book ID: B1127) Assignment Set- 1 (60 Marks) Q1. WRITE A NOTE ON THE MANAGERIAL ROLES AND SKILLS. INTRODUCTION Generally‚ a team or central organ or agency which is co-ordinating the activities and efforts of the various individuals working together in an organisation enabling their collectively function as a team is called management. The term management may have different meanings depending
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expression of optimism. A vision is a general statement encompassing the direction an agency wants to take and the desired end result once it gets there. It is the vision of what those involved what their organization to become. A mission is more focused on the specifics of what an organization is to accomplish. It differs from a vision in that it focuses on function‚ is accomplishable and measurable‚ and is often statutorily or bureaucratically established. The mission statement is a statement of
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Spring / February 2012 Master of Business Administration- MBA Semester 1 MB0038 –Management Process and Organizational Behaviour - 4 Credits (Book ID: B1127) Assignment Set- 1 (60 Marks) Note: Each Question carries 10 marks. Answer all the questions. Q1. Q2. Q3. Q4. Q5. Q6. State the characteristics of management. What are the 14 principles of management of Henri Fayol? Distinguish between internal and external forces of change. Define emotional intelligence. Explain Goleman’s model of
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ASSIGNMENT Subject code & name: MB0038 – Management Process and Organization Behavior 1. Define the terms ‘strategy’. Explain the Following: a) Corporate Strategy b) Business Strategy c) Functional Strategy Answer: Strategy Strategy means the grand plan and the term is borrowed from the military which distinguished between the grand plan and actual action by calling the former strategy and the latter tactics. Strategy in organisations can be divided into three: Corporate strategy Business strategy
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[10] ANS: Controlling as a Management Function l Controlling • A process of monitoring performance and taking action to ensure desired results. • It sees to it that the right things happen‚ in the right ways‚ and at the right time. • Done well‚ it ensures that the overall directions of individuals and groups are consistent with short and long range plans. • It helps ensure that objectives and accomplishments are consistent with one another throughout an organization. • It helps maintain compliance
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Answer: A vision is an over-riding idea of what the organization should be. Often it reflects the dream of the founder or leader. Your company’s vision could be‚ for example‚ to be “the largest retailer of automobiles in the US”‚ “the maker of the finest chocolate candies in London”‚ or “the management consultant of choice for non-profit organizations in the Southwest.” A vision must be sufficiently clear and concise that everyone in the organization understands it and can buy into it with passion.
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Question 1- (a) A vision statement is a formal statement of what a business wants to be. According to Collins and Porras‚ a vision statement should have four parts. What are those four parts? (b) Differentiate between ‘process’ and ‘tasks’ Answer 1- a.) The vision statement has to have four parts namely *Core values *Core purposes *BHAG *VIVID Description Core values are the organization’s essential and enduring tenets—a small set of timeless guiding principles that
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Management – Marketing - Tourism THE ROLE OF LEARNING ORGANIZATION IN KNOWLEDGE MANAGEMENT PROCESS Ph.D. Student B loi Ionu -Cosmin University of Craiova Faculty of Economics and Business Administration‚ Romania Abstract: The content and the organization of work represent dimensions which do not only involve mobilizing competencies but are also dimensions in which competencies are developed. In an organization people create‚ accumulate or transfer knowledge‚ ideas‚ values‚ attitudes‚ feelings
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