NMIMS Management Theory and Practices Solve assignment June 2024

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Management Theory and Practice
Internal Assignment Applicable for April 2024 Examination
Assignment Marks: 30

Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
 Students should write the assignment in their own words. Copying of assignments from other students is not allowed.
 Students should follow the following parameter for answering the assignment questions.

Q1. Samatadeep Industries have hired you as a consultant as most of their recent plans have failed miserably. Post you research, you concluded that they have not considered the external environment at all when planning or executing their plans. Can you guide them about the forces that affect management thought? (10 Marks)
Q2. As a management trainer to a batch of new joiners at ABC Ltd, can you explain Henri Fayol’s 14 principles of management to them and make them understand their significance in today’s world. (10 Marks)
Q3. Sachi Ltd has been facing many loses and want to modernize themselves using modern tools and have hired you as a consultant for the same. Can you explain the following concepts to them and how will they help them modernize a cycle manufacturing business like theirs.
a. JIT (5 Marks) b. Six Sigma (5 Marks)