mgt503 assignment 1 solution fall 2022

MGT503 Assignment No 1 Solution Fall 2022

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Today, I’m sharing with you the solution for MGT503 Assignment No 1 Solution Fall 2022  of Virtual University(VU), which is the first assignment of the course. For the most up-to-date assignment solutions, make sure to keep checking back to StudySolution. If you come across any GDB solutions for the Fall of 2021, please visit our GDB section to navigate to the Fall GDB Solution page. You can leave a comment below and we will do our best to respond as soon as we can.

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Assignment No 1

Fall 2021 – 2022

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MGT503 Assignment 1 Fall 2023 – Assignments – Query VU

Principles of Management (MGT503)

FALL 2023 Due Date: 8th February, 2023                    Total Marks: 20

Assignment 01

Objective of the activity: The objective of this assignment is to make students able to recognize different organizational structures along with the contingency factors impacting organizations during period of global crises such as COVID 19.

Learning Outcomes:

After attempting this activity, students will be able to:

• Comprehend basic contingency factors surrounding
• Come up with the strategies which organization should adopt in future to work effectively due to uncertain

A new trendy and catchy managerial acronym now days is “VUCA”, stands for volatility, uncertainty, complexity, and ambiguity. These are four different types of situations requiring different types of responses. COVID-19 has brought unprecedented challenges for organizations and “VUCA” has become a new normal. The old ritual of dictating work by the top management to the subordinates, and ensuring that all tasks have been finally operated and executed is fading due to prevalent pandemic. This requires a change in strategy, otherwise they would be at disadvantage.

By calling attention to this and other limitations of traditional organizational structures, COVID-19 is speeding up the pace of necessary change. Organizations have been naturally put into situation where they have to modernize, for example, working remotely. Here, those organizations which were previously having less rigid structure have embraced this change easily. However, this sudden need of change has created opportunities to come up with new strategies and affective ways of doing work.

Requirements:

For the organization which are transitioning from traditional to work remotely/virtually;

• What can be appropriate organizational design decisions based on the following contingency factors: (15 Marks)
• Strategy and structure
• Size and structure
• Environmental uncertainty and structure
• What crucial points should organizations keep into consideration by going from “new normal” to “back to normal”, when COVID-19 crises fades? (5 Marks)

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MGT503 Assignment No 1 Solution Spring 2022

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Mgt503 assignment no 1 solution spring 2022 – vu assignment solution – vu spring assignment solution.

Today, I’m sharing with you the solution for MGT503 Assignment No 1 Solution Spring 2022 of Virtual University(VU), which is the 1st Assignment of the course. For the most up-to-date assignment solutions, make sure to keep checking back to StudySolution. If you come across any GDB solutions for the Fall of 2022, please visit our GDB section to navigate the Fall GDB Solution page. You can leave a comment below, and we will do our best to respond as soon as possible.

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Assignment No 1

Spring 2022

Please Note:

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Fall 2022 - MGT503 - 1 - SOL | PDF Fall 2022_MGT503_1_SOL - Read online for free. MGT503 Assignment

The Premise: "Education for All" is an International organization that provides free education to all individuals regardless of age. They recently started operations in Pakistan, with Mr. Hashim appointed Campus Head. He signed an agreement with a building owner to establish their first-ever campus.

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MGT503 Assignment No 1 Solution Fall 2022. Today, I'm sharing with you the solution for MGT503 Assignment No 1 Solution Fall 2022 of Virtual University(VU), which is the first assignment of the course. For the most up-to-date assignment solutions, make sure to keep checking back to StudySolution.

Mgt503 Assignment Solution - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. Mgt503 Assignment Solution

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1.2 Value Proposition (350 words) Now you have a customer profile from section 1.1 use the value proposition canvas ( Reading Activity 7) to assess and identify key value points to fit the customer profile. Provide a discussion underneath the canvas diagram to explain your key points in the canvas. 1.3 Understanding the Marketing Mix (500 words) Section 1.3 is about understanding the theory of ...

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MGT503 GDB No 1 Solution Fall 2022 WhatsApp Are you looking for the MGT503 GDB No 1 Solution Fall 2022? Then you are at right place as you will get it here. As In this post I will share MGT503 GDB No 1 Solution Fall 2022 of Virtual University of Pakistan. This is the first GDB of MGT503.

Mr. Akbar called a meeting with the Managers of both departments to discuss the issues and asked the HR manager to revisit the demands of the Finance Manager by reducing the number of employees due to financial constraints thus settling the conflict.

Fall 2023_MGT503_Assignment 1 - Read online for free.

Principles of Management (MGT503) Fall 2020 Assignment 01 Due Date: February, 8, 2021 Total Marks: 20 Objective of the activity: The objective of this assignment is to make students able to recognize different organizational structures along with the contingency factors impacting organizations during period of global crises such as COVID 19.

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Premise: A new trendy and catchy managerial acronym now days is "VUCA", stands for volatility, uncertainty, complexity, and ambiguity. These are four different types of situations requiring different types of responses. COVID-19 has brought unprecedented challenges for organizations and "VUCA" has become a new normal.

MGT503 1; Fall 2023 MGT503 1; Assignment No 1 MGT-503 BC230422342; MGT503 Solved MCQS MORE THAN 2000 Multip VUAnswer; Related documents. MGT111 1 - Assignment of Management; ... Due Date: 7 Dec, 2022. MGT501 ASSIGNMENT 1 SOLUTION: 1 st Solution. Question: As an HR-Manager, how will you deal with employees from diversified work group to achieve ...

Downloading Steps: To download the MGT503 assignment 1 solution for Spring 2023, visit VUMentor.com and find the solution file at the end of the post. Please note that this is an Idea Solution and should not be copied. You can make changes to the solution file before submitting it to VULMS. Copy/paste solutions will be marked as zero.

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MGT503 Assignment No 1 Solution Spring 2022 this Virtual University assignment solution is created keeping in mind the specific requirements of the students and the VU curriculum. The Virtual University assignment solution offered by Study Solution is reliable, accurate, and up-to-date.. In addition, the free VU assignment solutions offered by this platform are easy to understand and use.

Fall 2023 Assignment # 1 Principles of Management-MGT503 Total marks: 16 Due Date: 14 th November 2023 Objective: Students will gain an understanding of the management function and the various levels of management. Students will learn about the management function and different management levels Learning Outcomes: After attempting this assignment, the students will be able to: Understand the ...

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Mgt503 assignment 1 solution file 2022.

1)Resource Allocator:

He generously allotted funds to the R&D department for which he allocated 1

million rupee. So he performs role of resource allocator.

2)spokesperson:

He also directed the public relations department to use their resources in

building a positive image of the organization through media. So according to

given case, he performs the role of spokesperson.

3)Figurehead:

According to given scenario, apart from his legal obligations, he meets and greets. all guests including parents, media etc...so, he performs role of figurehead.

4) entrepreneur:

Mr Hashim recently chaired a meeting of all the departments on the campus and emphasized making every effort to make the campus one of the best in providing in quality education.

2 nd   SOLUTION:

Interpersonal Roles:

Decisional Roles:

Entrepreneur

Resource Allocator

Figurehead:

Mr. Hashim perform figurehead role because of he appointed

campus head and He assigned an agreement with building owner to

established their first ever campus. As a campus head in Figurehead

role you have social, ceremonial and legal responsibilities signing of

legal documents on behalf of the company.

Mr. Hasim Perform Liaison role because of in Liaison he get

connected between organization and outsider and also maintain

internal and external contacts for information.

Mr. Hashim perform Leader roles This involves building a team,

coaching the members, motivating them, and developing strong

relationship. In this case he chaired meeting of all the departments

on the campus and emphasized making every effort to make the

Opportunities or solving problem and taking action to improve

existing operation.

Resource Allocator:

Mr. Hashim perform resource allocator role to decides where the

organization will expand its efforts and makes choices on the

allocation of resources such as capital fund, time, material, and

manpower etc. This involves allocating funding as well as assigning

staffand other organizational resources.

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OK lets start for Mgt503 Assignment 1 Solution Spring 2022 . Mgt503 is one of the main subject in your degree you should practice code yourself before seeing solution . you will see some sites giving you solution for money but we will provide you Mgt503 Assignment 1 Solution Spring 2022   absolutely free.

This assignment presents the solution to Mgt503 Assignment 2 from Spring 2022. The solutions are in the form of  code, and may be run using the  interpreter , which is included in most operating systems by default. The solutions assume that you have already run the case exercises, or are familiar with their structure and content.

Mgt503 Assignment 1 Solution Spring 2022

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DESCON Engineering Ltd. is a leading organization working as an engineering consultant management organization since 1973. The organization is facing staff turnover despite being a good player in the market. Managers observe dissatisfaction and demonization among employees, which is due to several factors. Monotonous and repetitive tasks, reduced work flexibility, less demanding work, and limited creativity and innovation can make everyday tasks boring for employees. Mgt503 Assignment 1 Solution Spring 2022

Employees who are happy and engaged are the ones who stay with the organization. So managers want to motivate individuals at work to learn continuously instead of working the same way every day. Managers should design jobs deliberately and thoughtfully to reflect the demands of a changing environment, which in turn creates stimulating and interesting work and adds variety, challenge and depth to an employee’s daily routine.

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Mgt503 Assignment 1 Solution Spring 2022: The aim of this assignment is to familiarize students with the concept of Job design and its various approaches. It will help students to redesign some jobs while working in an organization to improve their job satisfaction and motivation.

MGT503 Assignment 1 Solution Spring 2022

Prerequisite: DESCON Engineering Ltd. is a leading organization that has been operating as an engineering consultant management organization since 1973. The organization is facing staff turnover despite being a good player in the market. Managers observe dissatisfaction and demonization among employees, which is due to several factors. Monotonous and repetitive tasks, reduced work flexibility, less demanding work, and limited creativity and innovation can make everyday tasks boring for employees. Mgt503 Assignment 1 Solution Spring 2022

Employees who are happy and engaged are the ones who stay with the organization. So managers want to motivate individuals at work to learn continuously instead of working the same way every day. Managers should design jobs deliberately and thoughtfully to reflect the demands of a changing environment, which in turn creates stimulating and interesting work and adds variety, challenge and depth to an employee’s daily routine.

Subject of discussion: Given the above scenario, DESCON Engineering Ltd. needs to reduce employee turnover by working on different techniques. Suggest three approaches to designing employees’ jobs so that they feel more satisfied, motivated, and accountable in their daily tasks.

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Job Augmentation: Job augmentation is a job design technique in which the number of tasks associated with a particular job is increased. Job enlargement is a method of horizontal restructuring that aims to increase the flexibility of the workforce while reducing the monotony that can occur over time. By combining tasks, employers increase the interest and involvement of employees in work. Using the job enlargement model increases the number of responsibilities assigned to an individual and this method gradually redefines the job by also increasing the responsibilities and expectations of employees. MGT503 Assignment 1 Solution Spring 2022

Job Rotation: Job Rotation is a management approach where employees rotate between two or more tasks or assignments at regular intervals to gain exposure to all verticals of the organization. Job rotation is a pre-planned approach to testing an employee’s skills and competencies in order to place them in the right position. Job rotation reduces the monotony of work and gives them wider experience and helps them gain more insights. Job rotation is a well-planned practice to reduce the boredom of doing the same type of work every day and explore the hidden potential of an employee. The process serves the purpose of both management and employees. It helps the management to discover the talent of the employees and determine what they are best at. MGT503 Assignment 1 Solution Spring 2022

Job Enrichment: Job enrichment means improving individual jobs to make them more rewarding and inspiring. Job enrichment expands the range of tasks you perform and the skills you can develop. This makes work more stimulating and interesting, adding variety, challenge and depth to your daily routine. Job enrichment increases job satisfaction. Employees should be satisfied with their work. When assigned challenging tasks, employees have the opportunity to improve their skills. Qualified and experienced employees are likely to be promoted.

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