PROJECT WORK AND REVISION
MAY 15, 2020
DAY 5
THANK YOU BOYS FOR LOGGING IN!
GOOD MORNING BOYS! I HOPE YOU ALL ARE FINE AND IN THE BEST OF YOUR HEALTH. ALL THE BEST FOR YOUR PA 1 EXAMS STARTING FROM MONDAY.
PLEASE MARK YOUR ATTENDANCE FIRST THROUGH THE FOLLOWING LINKS:(DON'T WORRY, IT WILL WORK NOW).
HERE ARE THE DETAILS OF YOUR PROJECT WORK:
DAY 5
THANK YOU BOYS FOR LOGGING IN!
GOOD MORNING BOYS! I HOPE YOU ALL ARE FINE AND IN THE BEST OF YOUR HEALTH. ALL THE BEST FOR YOUR PA 1 EXAMS STARTING FROM MONDAY.
PLEASE MARK YOUR ATTENDANCE FIRST THROUGH THE FOLLOWING LINKS:(DON'T WORRY, IT WILL WORK NOW).
LEARNING OUTCOMES- Students will be able to understand, decide and express themselves in their project work. Also students will be able to revise, identify and explain all the previous topics.
WATCH SOME VIDEOS TO UNDERSTAND HOW TO GO ABOUT IT:
There are four topics for your project work and you can choose any one topic and make a project file which should be handwritten and it carries 20 marks( min 30 pages should be there with pictures, index, cetificate and acknowledgement):
PROJECT 1- ELEMENTS OF BUSINESS ENVIRONMENT:
(CHOOSE ANY ONE OUT OF THE FOLLOWING FOUR TOPICS):
A) Changes witnessed over the last few years on mode of packaging and its economic impact.
B) Cola wars or Coca- Cola vs Pepsi.
C) Changing role of women in past 25 years.
D) Study on child labour laws, its implementation and consequences.
PROJECT 2- PRINCIPLES OF MANAGEMENT
PROJECT 3- STOCK EXCHANGE
PROJECT 4- MARKETING MANAGEMENT
Please choose one topic with the help of the following link:
https://forms.gle/Y9WAoB24TuaTq7Do9
REVISION OF CHAPTER- 1 AND 2:
YESTERDAY'S ANSWERS:
1) Mr G- Top Level
Mr N- Lower Level
Mr S-Middle Level
2) Scientific Principle- Harmony, not Discord
Fayol's Principle- Remuneration.
TODAY'S QUESTIONS:
1) Anju and Manju are good friends. Considering the cast that the activities involved in managing an enterprise are common to all organizations, after completing their masters in business management, both of them take up a job at managerial level in different organizations as per their individual areas of interest. Anju tales up a marketing job in a retail company and strives to increase sales where as Manju joins an NGO and works diligently to realize its objective related to providing employment to specially abled persons. Both of them have to perform a series of continuous, composite, but separate functions. On some days, Anju may spend more time in planning a future display layout and on another day, she may spend time in sorting out an employee’s problem. Both Anju and Manju make conscious efforts to build a feeling of team spirit and coordination among diverse individuals with different needs who work under them. The effect of their management is noticeable in their respective departments as the targets are met according to plans, employees are happy and satisfied, and there is orderliness in its functioning rather than chaos.
In context of the above case:
Identify the various features of management highlighted in the above paragraph by quoting lines form it.
2)Dharam is a well-known businessman in the field of publishing. He owes the success of his business to his own education in business management and his team of certified management consultants. Therefore, he decides to send both his children Danush and Damini abroad to acquire a degree in business management in
their individual area of expertise. He feels that all over the world there is marked growth in management is a discipline, but still it is not considered to be a full-fledged profession for certain reasons.
In the context of the above case:
1. Explain the reasons because of which Dharam considers management as a discipline.
2. Critically examine the various reasons because of which management is not considered to be a full-fledged profession.
3)Gaurika has been appointed as the chief organizer of a weeklong cultural event. Being a staunch follower of scientific management, she decides to execute her work by putting into practice the various techniques of scientific management. On the basis of several observations, she is able to determine that the standard time taken by the security officer at the gate to check the credentials of each visitor is 30 seconds. So she decides to employ two persons on this job for every function along with the other necessary support staff. She considers the fact that every day, the functions will take place in three shifts of four hours each, therefore it is important to give breaks to the support staff even in a single shift to take her/his lunch etc. moreover, on introspection, she determines that the best way to distribute refreshment boxes to the visitors will be to hand it over to them at the exit gate as it would help to save time and eliminate any kind of confusion.
In the context of the above case: Identify and explain the various techniques of work study which have been put into practice by Gaurika.
GOD BLESS YOU ALL!
https://forms.gle/Y9WAoB24TuaTq7Do9
REVISION OF CHAPTER- 1 AND 2:
YESTERDAY'S ANSWERS:
1) Mr G- Top Level
Mr N- Lower Level
Mr S-Middle Level
2) Scientific Principle- Harmony, not Discord
Fayol's Principle- Remuneration.
TODAY'S QUESTIONS:
1) Anju and Manju are good friends. Considering the cast that the activities involved in managing an enterprise are common to all organizations, after completing their masters in business management, both of them take up a job at managerial level in different organizations as per their individual areas of interest. Anju tales up a marketing job in a retail company and strives to increase sales where as Manju joins an NGO and works diligently to realize its objective related to providing employment to specially abled persons. Both of them have to perform a series of continuous, composite, but separate functions. On some days, Anju may spend more time in planning a future display layout and on another day, she may spend time in sorting out an employee’s problem. Both Anju and Manju make conscious efforts to build a feeling of team spirit and coordination among diverse individuals with different needs who work under them. The effect of their management is noticeable in their respective departments as the targets are met according to plans, employees are happy and satisfied, and there is orderliness in its functioning rather than chaos.
In context of the above case:
Identify the various features of management highlighted in the above paragraph by quoting lines form it.
2)Dharam is a well-known businessman in the field of publishing. He owes the success of his business to his own education in business management and his team of certified management consultants. Therefore, he decides to send both his children Danush and Damini abroad to acquire a degree in business management in
their individual area of expertise. He feels that all over the world there is marked growth in management is a discipline, but still it is not considered to be a full-fledged profession for certain reasons.
In the context of the above case:
1. Explain the reasons because of which Dharam considers management as a discipline.
2. Critically examine the various reasons because of which management is not considered to be a full-fledged profession.
3)Gaurika has been appointed as the chief organizer of a weeklong cultural event. Being a staunch follower of scientific management, she decides to execute her work by putting into practice the various techniques of scientific management. On the basis of several observations, she is able to determine that the standard time taken by the security officer at the gate to check the credentials of each visitor is 30 seconds. So she decides to employ two persons on this job for every function along with the other necessary support staff. She considers the fact that every day, the functions will take place in three shifts of four hours each, therefore it is important to give breaks to the support staff even in a single shift to take her/his lunch etc. moreover, on introspection, she determines that the best way to distribute refreshment boxes to the visitors will be to hand it over to them at the exit gate as it would help to save time and eliminate any kind of confusion.
In the context of the above case: Identify and explain the various techniques of work study which have been put into practice by Gaurika.
GOD BLESS YOU ALL!
Good Morning ma'am..
ReplyDeleteWhat all must be included in 'Coke vs Pepsi'?
YOU HAVE TO WRITE ABOUT THE HISTORY OF COKE AND PEPSI, PRESENT SCENARIO, CONTROVERSIES, BRANDS UNDER COKE AND PEPSI, MARKETING STRATEGIES, ETC. YOU CAN A YOU TUBE VIDEO RELATED TO THIS.
DeleteMa'am do we have to create our own brand name and all the plans
ReplyDeleteAll the margins the whole sale rate usp we have to create it all on our own??
DeleteYes Cyrus, you have to create your own brand name, price range and everything related to this
DeleteGood morning ma'am
ReplyDeleteTanmay jain12A