Assignment Purposes/Learning Outcomes:
After completion of Assignment-2 students will be able to understand the
LO 1.1: State the concept of management functions, roles, skills of a manager and the different theories of management.
LO 1.3: Describe the current trends and challenges in global business management.
LO 2.2: Employ knowledge and techniques of strategic planning, problem solving, decision making and change management.
Q1. SWOT Analysis is considered to be an important framework for analyzing an organization’s strengths, weaknesses, opportunities, and threats. In the light of this statement, perform a SWOT analysis on any one organization of your choice. (4 Marks)
Q2. Decision making process in an organization is critical to the success and failure of anorganization. In the light of this statement, discuss with the help of suitable examples as to how a decision-making process takes place in a business organization.(4 Marks)
Q3.In the global business management Employee training and development are essential for short term as well as long term success of an organization In the light of this statement, critically analyse the role of training in Human Resource Development with the help of examples. (4 Marks)
Q4.How does the Worker’s Empowerment differ with the concept of Workers’ Participation inManagement? With the help of suitable examples critically elaborate these two concepts of HumanResource Management.(3 Marks)