Question
Q. No. 2 (35 points) a. (15 points) What knowledge must a manager possess to successfully influence organization members of international organizations? How can a
Q. No. 2 (35 points)
a. (15 points)
What knowledge must a manager possess to successfully influence organization members of international organizations?
How can a manager acquire this knowledge?
b.(20 points)
In the domain of international/multinational organizations in the prepared/processed food sector, Coca Cola, Nestle, and McDonald's are three most notable organizations.
Briefly highlight the management related strengths and weaknesses observable in the management of the non-domestic operations of each of these companies.
Q. No. 3 (40 points)
a. (12 points)
Planning is the primary management functionthat precedes and is the basis for organizing, influencing, and controlling functions of organization managers.
Select an organization, and briefly describe the various stages involved in the planning process for that organization.
b. (28 points)
Managers formulate organizational strategies that reflect environmental analysis, lead to the fulfillment of the organizational mission, and result in the attainment of organizational objectives. Special tools which can be used by managers to formulate organizational strategies include the following:
Critical question analysis
SWOT analysis
Business portfolio analysis
These tools can be used individually or as combinations.
Which of these tools would you choose for developing the strategy for a new company entering the renewable energy business sector in your home country?
Briefly describe how you would use one or more of the three analytic tools listed here.
Q. No. 4 (20 points)
Every few years, a catchy word/phrase shows up in management domain, and most of the active organizations quickly try to follow the crowd in getting excited about the impact which the new phrase will have on management practices. Examples of these phrases/terms are (i) Continuous Improvement, (ii) Zero-Base Budgeting, and (iii) Management-by-Objectives (MBO).
In four sentences describe what your understanding of the MBO concept/practice is.
If you were to set objectives for MBO in a non-profit university, what would be your three highest-ranking objectives? Why did you select each of them?
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