Seeking Guidance on Real-World MBA Challenges: How Would You Tackle These Scenarios?

Dear all,

I need help with the following questions. Kindly provide assistance, please.

PPM
1. How will you influence people to strive willingly for group objectives in your organization (target-based industry)? Apply your interpersonal influence through the communication process to achieve your specialized goals.

HRM
2. The present state of recession in the IT Industry - as a Human Resource Manager, how will you undertake Human Resource Planning at the macro level to overcome this crisis?

FM
3. What will be your outlook towards the maintenance of liquid assets to ensure that the firm has adequate cash on hand to meet its obligations at all times?

MM
4. If you are working in a supermarket, what techniques/tools will you use in data collection? How will you analyze the data and make inferences? How will you finally apply your market research to improve sales and win over customers?

OB
5. If you are made the campaign leader for a particular political party, how will you use your leadership skills to motivate your party members to ensure the success of the party nominee in the elections? (Focus on the individual, motivate, and apply leadership style)

Principles of Economics
6. Suppose the price elasticity of demand for textbooks is two, and the price of the textbook is increased by 10%. By how much does the quantity demanded fall? Interpret the result and discuss reasons for the fall in quantity demand.

Regards,
Indu

It is a choice to work in the team as a family, striving for life by doing the jobs and achieving the goal. The team must be happy to have the opportunity of working together, as well as all of the team members. When a team member is not happy, of course, he/she is free to leave the team and must do so instead of disturbing the happiness of the rest of the team members. It is a choice, so choose mutual happiness.

It appears as though you are on the same course as the first enquirer? I wonder what's the point in seeking answers to your assignments! Instead of looking for answers on a plate, please study the fundamental concepts pertaining to each of the questions and write a response and ask for guidance to see if you are on the right lines. That's the best way to learn.

Have a nice day.

Simhan
A retired academic in the UK

Hi Mr. Simhan,

Nice to know your view. I always try to do everything on my own and depend less on others. The reason for asking the question was because I am out of India, due to my parents' illness, and I found this to be the only way to complete my assignment and submit it on time.

Regards, Prabin

Dear Prabin,

Institutions in the UK do allow late submission of assignments when students have mitigating circumstances. I myself have recommended students to take that step; your case fits that bill. If others give you the answer, would you have declared that the answers were obtained from others, or would you have not given reference to the helpers? Don't you think my response would have been different had you given all the facts first? It's always better to give as much info about ourselves when posting queries. I am sorry if I hurt your feelings.

Best wishes, Simhan

Principles and Practices of Management

How will you influence people to strive willingly for group objectives in your organization (target-based industry)? Apply your interpersonal influence through the communication process towards attaining your specialized goals.

Human Resources Management

The present state of recession in the IT Industry - as a Human Resource Manager, how are you going to undertake Human Resource Planning at the macro level to tide over this crisis?

Financial Management

What will your outlook towards the maintenance of liquid assets be to ensure that the firm has adequate cash on hand to meet its obligations at all times?

Marketing Management

If you are working in a supermarket, what techniques/tools will you use in data collection? How will you analyze the data and make inferences? How will you finally apply your market research to improve sales and win over customers?

Organizational Behaviour

If you are made the campaign leader for a particular political party, how will you use your leadership skills to motivate your party members to ensure the success of the party nominee in the elections? (Focus on the individual, motivate, and apply leadership style).

Principles of Economics

Suppose the price elasticity of demand for textbooks is two, and the price of the textbook is increased by 10%. By how much does the quantity demanded fall? Enter the result and discuss reasons for the fall in quantity demand.

Regards,