NPTEL Principles of Management Week 1 Assignment Answer 2023

Principles of Management Week 1 Assignment Answer NPTEL 2023

Stay on top of your NPTEL Principles of Management course with our expert guidance and accurate answers. Get the answers to the Week 1 Assignment for 2023 on our site. With our comprehensive solutions, you will understand the fundamental principles of management and excel in your studies. Our up-to-date assignment answers will boost your grades and help you stay ahead of your coursework

About NPTEL Principles of Management

Principles of management are the fundamental guidelines or rules that organizations use to direct and control their operations. These principles include planning, organizing, leading, and controlling.

• Planning: Involves setting goals and objectives, developing strategies to achieve them, and creating action plans to implement those strategies.
• Organizing: Involves allocating resources, such as people, equipment, and finances, and establishing structures and systems to manage them effectively.
• Leading: Involves motivating and directing employees to achieve the goals and objectives set by the organization.
• Controlling: Involves monitoring performance, identifying deviations from plans, and taking corrective action to ensure that goals and objectives are met.

Below You can find Answer for Principles of Management Answer :

Assignment                                 Answers

NPTEL  Principles of Management Week 1 Assignment 1                       Click here

NPTEL  Principles of Management Week 2 Assignment 2                       Click here

NPTEL  Principles of Management Week 3 Assignment 3                       Click here

NPTEL  Principles of Management Week 4 Assignment 4                       Click here

NPTEL  Principles of Management Week 5 Assignment 5                       Click here

NPTEL  Principles of Management Week 6 Assignment 6                       Click here

NPTEL  Principles of Management Week 7 Assignment 7                       Click here

NPTEL  Principles of Management Week 8 Assignment 8                       Click here

NPTEL  Principles of Management Week 9 Assignment 9                       Click here

NPTEL  Principles of Management Week 10 Assignment 10                       Click here

NPTEL  Principles of Management Week 11 Assignment 11                     Click here

NPTEL  Principles of Management Week 12 Assignment 12                     Click here

Answer For Principles of Management Week 1 Assignment 2023:

Studying both mainstream and multi-stream management is beneficial as:

•  It reminds us that management is not value-neutral – There are moral responsibilities inherent in being a manager.
•  It helps you to understand where you and the other managers lie along a continuum
•  None of these options
•  It reminds us that management is not value-neutral – There are moral responsibilities inherent in being a manager and it also helps us to understand where we and other other managers lie along a continuum

Answer: It reminds us that management is not value-neutral – There are moral responsibilities inherent in being a manager and it also helps us to understand where we and other other managers lie along a continuum

Which function of management decides about designing structures and allocating resources to people:

•  Planning
•  Organizing
•  Leading
•  Controlling

Answer: Organizing

Identify the definition to multi-stream approach of management:

•  Management is the art of getting things done through and with people in formally organized groups.
•  Management is a multi-purpose organ that manages a business, manages managers and manages workers and work.
•  Management is the process of planning, organizing, leading, controlling human and other organizational resources with the aim of achieving organizational goals efficiently and effectively.
•  The process of planning, organizing, leading, controlling human and other organizational resources with the aim of achieving organizational goals virtuously and effectively.

Answer:  Management is a multi-purpose organ that manages a business, manages managers and manages workers and work

Statement 1: Coach takes care of the professional development of subordinate employees 

Statement 2: Nurtures takes care of the professional and personal development of employees

•  Statement 1 is correct, statement 2 is incorrect
•  Statement 1 is incorrect, statement 1 is correct
•  Both statements are incorrect
•  Both statements are correct

Answer:  Statement 1 is correct, statement 2 is incorrect

The increased emphasis on organizational and managerial ethics has led to the following impact of change:

•  Discrimination concerns
•  Work-life balance
•  Increased accountability
•  Shifting organizational boundaries

Answer: Increased accountability

Identify the skills that middle managers need to possess:

•  Technical Skills
•  Human Skills
•  Conceptual Skills
•  All the skills

Answer: Human Skills

Identify the Mintzberg’s managerial role which can be categorized as decisional:

•  Spokesperson
•  Leader
•  Disturbance Handler
•  Liaison

Answer: Disturbance Handler

The individuals who manage the work of first-line managers in an organization are:

•  Executive managers
•  Top managers
•  Middle managers
•  First-line managers

Answer: Middle managers

The specific actions or behaviours expected of a manager are referred to as:

•  Responsibilities
•  Functions
•  Skills
•  Roles

Answer:  Roles

Which among the following is a mainstream approach of management:

•  Striking a balance to maintain ecological safety, social justice, and emphasis on human dignity and happiness
•  Maximising benefits of multiple stakeholders
•  Maximisation of profit
•  Addressing problems of workplace diversity

Answer: Maximisation of profit

COURSE TYPE: Core

COURSE LEVEL: Undergraduate/Postgraduate

COURSE LAYOUT

Week 1: Introduction to Management: Management – An Emerging Profession, Definition, Nature, Scope, Purpose, and characteristics of Management, Functions, roles, skills of an effective Manager

Week 2: Evolution of Management Thought : Classical Theory, Scientific Management , Management Process or Administrative Management, Bureaucracy, Behavioural Science Approach, Quantitative Approach, Systems Approach, Contingency Approach, Operational Approach

Week 3: Planning: Types of Plans, Planning Process, Introduction to Strategic Management, Types of Strategies, Understanding environment of business: Environmental appraisal – Industry Analysis - Porter’s Model of competitive advantage, analysis of organisational resources and capabilities

Week 4: Forecasting and Premising : Introduction to Forecasting, Essential Components in Business Forecasting, Determinants of Business Forecasts, Benefits of Forecasting, Techniques of Forecasting, Limitations of Forecasting

Week 5: Decision-making : Introduction, Components of Decision-making, Decision-making Process, Group Decision-making, Creativity Problem-solving

Week 6: Management by Objectives and Styles of Management : Core Concepts of MBO, Characteristics of Management by Objectives, Process of MBO, Defining the Goal, Action Plan, Final Review, Benefits of Management by Objectives, Limitations of Management by Objectives, Styles of Management, American Style of Management, Japanese Style of Management, Indian Style of Management

Week 7: Organizing and Directing: Introduction, Organizational Design, Hierarchical Systems , Organization Structure, Types of Organization Structure, Formal and Informal Organization, Factors Determining Span of Management, Centralization and Decentralization, Span of control, Understanding authority and responsibility, Principles of Delegation, Authority, Developing a culture of Innovation and performance

Week 8: Staffing and Coordination: Introduction, Human Resource Management, Recent Trends in HRM, Technology in HRM, Economic Challenges, Workforce Diversity, Concept of Coordination, Need for Coordination, Importance of Coordination, Principles of Coordination, Coordination Process, Types of Coordination, Issues and Systems Approach to Coordination, Techniques of Coordination

Week 9: Career Development Strategy: Introduction, Concept and Elements of Career, Overview of Career Development, Significance and Advantages of Career Development, Objectives of Career Development, Types of Career Development Programmes, Different Stages or Cycles of Career Development Process, Career Anchors, Steps in the Career Planning Process

Week 10: Leadership styles of Managers: Leadership Concept, Nature, Importance, Attributes of a leader, Role of a leader in demonstrating awareness of legal, personnel, and strategic issues relating to globalization, culture and gender diversity in an organization, Role of leader in conflict resolution and negotiations

Week 11: Organizational Communication: Communication in Organizations: Introduction, Importance of Communication in the Workplace; Understanding Communication Process, Barriers to Communication, Use of tone, language and styles in Communication, Role of Perception in influencing communication, Role of culture in communication

Week 12: Change management: Concept of change, change as a natural process, Importance & Causes of change – social, economic, technological, organizational, Developing a climate for learning, Concept of learning organizations

Challenges of Contemporary Business: Role of Ethics, Corporate social responsibility, and environmental issues

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.

Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Disclaimer:

The answers provided in this blogpost are for reference only and should not be used as a substitute for your own research and understanding of the subject matter. The answers have been researched and compiled to the best of our knowledge, but we cannot guarantee their accuracy or completeness. We strongly advise that you use this information as a starting point for your own research and not as the sole basis for your work. Please use your own discretion and always consult your instructor or professor for guidance.