Tuesday, September 9, 2014

MS-01


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MS-01

1. Briefly describe the responsibilities a professional manager has towards various stakeholders with respect to sustainability of a business organization. Cite example of any business organization, and describe managerial responsibilities to support your response. Briefly describe the organization and the position you are referring to.

Answer.A professional manager's job mainly involves overseeing the roles and duties of junior staff members. Professional managers need good communication skills, multi-tasking capabilities and common sense.........

2. What hinders effective Decision-making? How can barriers to effective decision making be overcome?

Draw from your own experience or the organizational experience, you are aware of, to support your answer. Briefly describe the organization and the situation you are referring to.
Answer.Effective executives don't make a great many decisions. They focus on what is important. They try to make the few important decisions on the highest level of conceptual understanding...... Following are the barriers to effective decision.......

3. "Conflict can have both positive and negative impact on individuals, groups, and organisations. As a result of inter-group conflict, certain changes occur within groups and between groups. Some changes have positive effects, others have negative effects".

Elaborate this statement and discuss the underlying concepts and dynamics with examples from the organizational experience you have had or you are aware of. Briefly describe the organization and the events you are referring to.

Answer.Though most of us usually view conflict as a negative event, it has both good and bad aspects, which arise both during and as a result of interactions between conflicting people or teams...........

4. Define and describe strategic and operational planning. What are the essential steps involved in planning for an enterprise? Explain with examples from the experience you have or you are aware of. Briefly describe the organization you are referring to.

Answer.Operational and strategic planning are connected decision processes, which needs to be designed to inform and support each other for effective management of strategies to enhance overall performance of the firm........
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