Principles of Management (MGT503)

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Acc, bif, bio, bit, bnk, bt ....

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MGT503 Assignment 1 Solution and Discussion

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Principles of Management (MGT 503) Semester: Fall 2019 Graded Activity 1 Due Date: Nov 21, 2019 Total Marks: 20 Assignment: Handy proposed a model of organizational culture according to which organizational culture is categorized into four different dimensions; Role culture, Power culture, People culture and Task culture. In Role culture more emphasis is given to the organizational hierarchies. Power culture revolves around a single entity. Individuals possess the supreme worth in Person culture. Task culture is more task-based and only focuses on the completion of tasks. For more detail check the following model of Handy’s Culture: Role Culture: Such organizations are based on the assumptions that people are rational; and that roles can be defined and discharged with clearly defined procedures. They display stability, certainty and have great strength in situations marked by continuity; they often display weakness in adapting to, or generating, change. Task Culture: This is found in organizations where management is concerned with solving a series of problems. The structure is represented by a net, resources being drawn from all parts of the organization to meet the needs of current problems. Working parties, sub-committees, task forces and study groups are formed on an ad-hoc basis to deal with problems. This type of culture is seen to advantage when flexibility is required. Power Culture: Revolves around the strong leader who enjoys and uses power, and is graphically represented by a spider’s web. All lines of communication lead, formally or informally, to the leader. Such organizations display strength in speed of design making, their potential weakness lying in the caliber of the “one man bands” running them. Person Culture: Organizations characterized by these cultures are those where the organization exists to serve the individual and where individuals are not servants of the organization. They consist of groups of professionals, for example doctors or lawyers, with no “boss”. Co-ordination may be provided by a committee of peers. Such structures are becoming more common as more conventional organizations increasingly contract out work to professionals and specialists whose services are used only as and when required. Recall the McGregor’s Theory X and Theory Y and identify which theory (theory X or theory Y) facilitates each of the culture types (role, power, people and task culture) proposed by Handy. Brief explanation must be provided to support your answer.

Culture type McGregor’s theory (theory X / theory Y) Explanation
1. Role culture
2. Power culture
3. People culture
4. Task culture

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Culture type McGregor’s theory (theory X / theory Y) Explanation
1. Role culture Theory X Based on stability, certainty and defined structures, processes and policies. Employees are highly monitored to follow the set patterns
2. Power culture Theory X This is a one man show where all power resides with the founder. Decisions are taken by the founder which has to be followed by the subordinates
3. People culture Theory Y organization exists to serve the individual and where individuals are not servants of the organization. They consist of self-organizes professionals who do not need any supervision
4. Task culture Theory Y More emphasis is given to completion of tasks and least is given to the hierarchal positions. Employees are provided with autonomy to ensure task completion.
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MGT503 – Principles of Management Assignment no. 1 2019

Principles of Management (MGT503) Assignment No.1 Marks: 10 Due Date: January 23, 2019 Objective of the Assignment: To familiarize students with the Techniques for Assessing the Organization’s Environment. Learning Outcomes: After attempting the assignment students will be able to know how to practically apply the “Techniques for Assessing the Organization’s Environment”. Scenario: Organization: Alpha Tires LLC. Region: Gulf Global tire industry is being dominated by the three big manufacturers namely Michael Inc., Bright Inc. and Goody Inc.. Cumulatively they have 60% of world’s market share. Being prudent, manager of Alpha Tires LLC after continuously gathering information about his organization’s environment found that Michael Inc. wants to acquire a small local tire manufacturer in Gulf region. Michael Inc.’s intention is to acquire and then upgrade its factory to penetrate Gulf market. Similarly Brite Inc. and Goody Inc. are also exploring ways to enter Gulf market. Manager of Alpha Tires LLC has forecasted that competition will intensify in one years’ time. Manager remarked that the “Big Three” are entering into our tires market to make their way into the Gulf region where we have dominant market share. Gulf region is a next lucrative market for the big three. The Big Three have huge manufacturing capabilities due to advanced technology. They mostly cater to generic market with low cost and higher production focus for mass market onslaught. Whereas, Alpha Tires LLC has brand reputation of excellent quality and high performance tires suiting the status of quality and performance conscious Gulf customers. But manufacturing capabilities are low. However there is an ever increasing demand in high performance tire segment. Requirements 1. Enlist and justify (with clues from scenario) the techniques employed in the given scenario for assessing the Alpha Tires LLC’s environment. (6 Marks) (Max Words 70) (Hint: You have to identify name and then mention clues from the scenario that lead you to enlist particular technique) Technique Justification 2. Identify only one Strength, weakness, Opportunity and Threat for Alpha Tires LLC from scenario. (4 Marks) Alpha Tires LLC SWOT Analysis Strength Weakness Opportunity Threat Important: 24 hours extra / grace period after the due date is usually available for assignment to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due date should always be treated as final to avoid any inconvenience. Other Important Instructions: Deadline: • Make sure to upload the solution file before the due date on VULMS. • Any submission made via email after the due date will not be accepted. Formatting guidelines: • Use the font style “Times New Roman” or “Arial” and font size “12”. • It is advised to compose your document in MS-Word format. • You may also compose your assignment in Open Office format. • Use black and blue font colors only. Referencing Guidelines: • Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html Rules for Marking Please note that your assignment will not be graded or graded as Zero (0), if: • It is submitted after the due date. • The file you uploaded does not open or is corrupt. • It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc. • It is cheated or copied from other students, internet, books, journals etc. Note related to load shedding: Please be proactive Dear students As you know that Post Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments or GDBs.

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