NPTEL Principles of Management Assignment 1 Answers 2024

NPTEL Principles of Management Assignment 1 Answers 2024

Hello learners In this article we are going to discuss NPTEL Principles of Management Assignment 1 Answers. All the Answers provided below to help the students as a reference, You must submit your assignment with your own knowledge and use this article as reference only.

About the course:-

The course provides an overview of management and its evolution. It examines management functions of planning, organizing, leading, and controlling and its impact on the business organization. It discusses necessary skills and functions required for efficient manager in contemporary business environment. Overall, it enables students to analyze and understand changing business environment, and the role of ethics, social responsibility and environmental issues in contemporary business environment.

NPTEL Principles of Management Assignment 1 Answers 2024:

1. Which of the following statements are true: 

1. Top-level managers primarily require a high level of organizing functions. 

2. First-level managers require the highest proficiency in leading functions. 

3. Middle managers formulate the vision, mission, goals, and objectives. 

4. Operational functions and technical proficiency are needed by the first-level managers. 

5. Top managers focus on building interpersonal relationships and developing trust and empathy. 

Answer :-d

2.  As the head of a project team, Rajat faced a challenge when team members seemed demotivated and lacked direction. Recognizing the need for inspiration, she held team-building sessions, encouraged open communication, and set clear goals. What aspects of managerial skills are required by Rajat?

Answer :- c

3. A multinational corporation implemented a new PMS (Performance Management System) to ensure that its subsidiaries across the globe adhere to established standards. The system includes regular performance assessments, KPIs, and feedback mechanisms. Managers utilize this to monitor and regulate the organizational processes effectively and efficiently. What aspect of management is exemplified in this case study?

Answer :- b

4. Which statement best describes the difference between a vision and a mission?

Answer :- d

5. In the maturity stage of the organizational lifecycle, a company faces stabilized growth and heightened competition. To sustain its market position, the management has decided to implement a strategy. What strategy is most suitable for the scenario? 

Answer :- b

6. Which of the following skills is typically not included in the category of human skills?

Answer :- a

7. Among the following options, which is not typically considered a decisional role of managers?

Answer :- c

8. The future of the work demands:

Answer :- b

9. The leading function does not include:

Answer :- d

10. Whose responsibility is to manage customer expectations?

Answer :- a