Mgmt628 HRM628 GDB solution

Following are some observations about an employee’s behavior in different situations and highlight his ‘people-oriented’ nature.

For each observation, you are required to simply NAME the skillthat he possesses.

No irrelevant material is needed (such as definition, details)

S. No.

Observation

Skill

1

Everyone knew they could rely on him for even the most difficult and impossible tasks. He always seemed unstoppable in his pursuit and that’s why many times people agreed easily to the solutions he provided.

2

He was known to be an extremely disciplined person. But he made sure nobody disrespected him and that’s why he greeted everyone as soon as he would enter the office and say good-bye at day’s end.

3

He always asked a lot of questions and tried to understand the situation. He took initiative to think out of the box and encouraged new and innovative ideas.

4

He was always confident about his abilities and knew how to get his point across to his team. He appeared highly interested in team meetings and always had a genuine opinion.

Solution:

S. No.	Observation	Answer
1	Everyone knew they could rely on him for even the most difficult and impossible tasks. He always seemed unstoppable in his pursuit and that’s why many times people agreed easily to the solutions he provided.	Leadership
2	He was known to be an extremely disciplined person. But he made sure nobody disrespected him and that’s why he greeted everyone as soon as he would enter the office and say good-bye at day’s end.	Interpersonal
3	He always asked a lot of questions and tried to understand the situation. He took initiative to think out of the box and encouraged new and innovative ideas.	Personal
4	He was always confident about his abilities and knew how to get his point across to his team. He appeared highly interested in team meetings and always had a genuine opinion.	Communication

Leadership: Leaders keep members focused on key company values and on opportunities and need for improvement. A leader's job is to recognize when a company is headed in the wrong direction and to get it back on the right track.

Project Management: This means involving all the right people and department to keep the change program on track.

Communication: It is vital to communicate the key values to everyone in the organization.

Problem-Solving: The real challenge is to implement a solution to an organizational problem. Forget about today's problems: focus constantly on the next set of problems.

Interpersonal: The number-one priority is to give everybody in the organization the tools and the confidence to be involved in the change process. This includes facilitating, building relationships, and process skills.

Personal: The confidence to help the organization make tough decisions, introduce new techniques, try something new, and see if it works

Mgmt629 HRM629 Assignment No. 1 announced

Assignment No. 01 Marks: 15 
“Crisis management”

Japan's most powerful earthquake since records began had struck the north-east coast, triggering a massive tsunami on March 11, 2011. Cars, ships and buildings were swept away by a wall of water after the 8.9-magnitude tremor, which struck about 400km (250 miles) north-east of Tokyo. The earthquake and tsunami have caused extensive and severe damage in Northeastern Japan, leaving thousands of people confirmed dead, injured or missing, and millions more affected by lack of electricity, water and transportation. A state of emergency had been declared at a nuclear power plant, where pressure had exceeded normal levelsand it is still going on.

Keeping in view the above statement answer the following questions:

Marks= 2.5+2.5+10 
Q no. 1: What level of crisis it is? 
Q no. 2: What is the main cause of this crisis? 
Q no. 3: Discuss in detail the precautionary measures which canbe adopted to minimize destruction from such kind of crisis?

Mgt301 GDB solution

Semester “Spring 2011”
“Principles of Marketing (MGT301)”
This is to inform that Graded Discussion Board (GDB) Has beenopened according to the following schedule

Schedule
Opening Date and Time 
April 18, 2011 At 12:01 A.M. (Mid-Night)
Closing Date and Time 
April 21, 2011 At 11:59 P.M. (Mid-Night)
Note: No extra or bonus/grace period is available for attempting GBD.

Discussion Question
There are four growth strategies which are currently prevailing in the market. These are Market penetration, Market Development, Product Development and Diversification. Below are the four companies which are tried to excel in the marketing environment. You are required to point out ONLY the NAME of growth strategy of following four companies: 

1.       Jahanzaib Limited is dealing in woolen blanket in Attock and it launches baby toys in Attock.

2.       Mudassir Chemicals is dealing in chemicals in Karachi and it launches Cement industry in Lahore.

3.       Ahmad Enterprise is dealing in baby shoes in Lahore and it launches baby shoes in Peshawar.

4.       Ali Textile Mills is dealing in Denim fabrics in Rawalpindi and it uses extensive marketing strategies to grow in Rawalpindi market.

 Solution:

Sr No	Scenario	Answer
1	Jahanzaib Limited is dealing in woolen blanket in Attock and it launches baby toys in Attock	Market Diversification
2	Mudassir Chemicals is dealing in chemicals in Karachi and it launches Cement industry in Lahore	Market Diversification
3	Ahmad Enterprise is dealing in baby shoes in Lahore and it launches baby shoes in Peshawar	Market Development
4	Ali Textile Mills is dealing in Denim fabrics in Rawalpindi and it uses extensive marketing strategies to grow in Rawalpindi market	Market Penetration

1). Market Penetration—making more sales to present customers without changing products in any way. Market penetration means trying to increase sales of a firm’s present products in its present markets probably through a more aggressive marketing mix. The firm may try to strengthen its relationship with customers to increase their rate of use or repeat purchases, or try to attract competitors’ customers or current nonusers. New promotion appeals alone may not be effective. A firm may need to add a home page on the Internet to make it easier and faster for customers to place an order. Or, it may need to add more stores in present areas for greater convenience.

2). Market Development—a strategy for company growth by identifying and developing new markets for current company products (example, demographic markets). Market development means trying to increase sales by selling present products in new markets. Firms may try advertising in different media to reach new target customers. Or they may add channels of distribution or new stores in new areas, including overseas.

3). Product Development—a strategy for company growth byoffering modified or new products to current markets. Product development means offering new or improved products for present markets. By knowing the present market’s needs, a firm may see new ways to satisfy customers. Computer software firms like Microsoft boost sales by introducing new versions of popular programs.

4). Diversification—a strategy for company growth by starting up or acquiring businesses

outside the company’s current products and markets. Diversification means moving into totally different lines of business perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system