Friday, January 31, 2020

MASTER OF BUSINESS ADMINISTRATION Essay Example for Free

MASTER OF BUSINESS ADMINISTRATION Essay Module I Nature and scope of Management; evolution of management- Schools of management thought; F.W.Taylor and Henry Fayol; principles of management; management as a science and an art; management process. Folk management and its application in the modern era Evolution of management thought. Module II Functions of management- planning: planning premises; types of plan; planning process; Organization – Theories, types, importance, organization structure- Line and Staff functions Conflicts; centralization and decentralization; delegation; types, principles, elements, Coordination, Directing – Supervision, Communication. Module III Directing – motivation, leadership – Theories; importance – Controlling principles – Dynamics of Groups at work, work group behavoiur and productivity; work and motivation Manager vs. leader; leadership and motivation; leadership styles; theories of motivation. MBO: team creation and Management ; Module 1V Organizational learning and knowledge management Time management. Module V Management of Change – importance, objectives and methods – Role of leadership Transformational management. Books: 1. Koontz, H and Weihrich, H: Management, McGraw Hill Inc, New York, 1995. 2. Drucker, Peter, F: Management: Tasks, Responsibilities and Practices, Allied Publishers, New Delhi 2004. 3. Betman, Thomas S and Snell, Scott A.: Management: Competing in the New Era, Tata McGraw Hill, New Delhi 2003. 4. Dipak Kumar Bhattacharyya, Principles of Management: Text and Cases, Pearson, 2012 5. Stoner et al. Management, Prentice Hall of India, New Delhi, 1996. 6. Stephen P Robbins, and Mary Coulter, Management, Pearson, 2003. Pre requisite: DROPBOX ACCOUNT. Download Principles of management by F.W.Taylor from iBook and Read. EVERY ALTERNATE SESSION WILL CONTAIN PRESENTATION BY STUDENTS TO EVALUATE THE LEVEL OF UNDERSTANDING OF PREVIOUS SESSIONS. SESSIONS Topics Methodology Outcome Remarks 1 Introduction; Two way study pattern; Exam and application level, Syllabus and recommended books Understand exam pattern, Evaluation pattern, Teaching Methodology. 2 Evolution of management BBC Interactive flash on Egyptian Pyramid construction, PPT Virtual difficulty and importance of management. 3 Nature and scope of Management Discussion based on previous session Virtual difficulty and importance of management. 4 to 6 Schools of management thought F.W.Taylor, PPT, Lectures and discussion F.W.Taylor ipad book , To Understand the real Application in Industry. 7 to 9 Henry Fayol; principles of management PPT, Lean bicycle factory software, Lectures and discussion To Understand the real Application in Industry. 10 Management as a science and an art Debate Incubate the thought process. 11-13 Folk management and its application in the modern era http://www.unesco.org/most/bpikreg.htm#asiapacific Explore, lecture, Assignment1: Identify folk management at local level and look it as a business opportunity. Explore the innovative folk management as an business opportunity 14 Functions of management VS Business Functions. Concept clarity through examples Understand the basic difference between the two terminologies. 15 to 17 Class test Module 1 Written examination Preparation for University exam 18 to 21 Planning: planning premises; types of plan; planning process Lecture and Assignment2: Prepare a plan to start up a small grocery store. Application of planning. 22 to 25 Organization – Theories, types, importance, organization structure- Line and Staff functions Conflicts; Ppt lecture and discussion Assignment3 Get an organization Structure of an existing firm and justify changes you will like to make Understanding Pros and cons of organization structure 26-27 Centralization and decentralization Domino’case study Application in real context 28-29 Delegation; types, principles, elements, Coordination, Hospital as an example Ppt lecture and discussion Application in real context 30-31 Directing – Supervision, Communication Lecture ppt example Understand the importance of relationship between subordinates 32-33 Directing – motivation, Ppt lecture and discussion Motivation theory and its application areas Applicability in Marketing and HR 34-36 Leadership – Theories; importance Ppt lecture and discussion Application of these theories 37-39 Class Test Module 2 Written examination Preparation for University exam 40-42 Controlling principles Why Controlling need? Understand the importance of Controlling 43-45 Dynamics of Groups at work, work group behaviour and productivity; work and motivation Ppt lecture and discussion and group based activities Realize the importance of team work 46-48 Manager vs. leader; leadership and motivation; leadership styles; theories of motivation. MBO: team creation and Management ; Ppt lecture and discussion and Debate on the best styles Understand Which type of style when and where to use 49 Organizational learning and knowledge management Time management. Ppt lecture and discussion Understand that it is a continuous lifelong process Class Test Module 3 Written examination Preparation for University exam 50-51 Management of Change – importance, objectives and methods – Ppt lecture and discussion Able to Tackle the change 52-53 Role of leadership Transformational management. Ppt lecture and discussion Understand Which type of style when and where to use 54-56 Class Test All Modules Written examination Preparation for University exam 57-60 Revision Individual presentation

Thursday, January 23, 2020

The Faerie Queene Essay examples -- Literary Analysis, Spencer

Edmund Spenser’s epic poem The Faerie Queene is well known as an allegorical work, and the poem is typically read in relation to the political and religious context of the time. The term allegory tends to be loosely defined, rendering a whole work an extended metaphor, or even implying â€Å"any writing in verse or prose that has a double meaning†(Cuddon 20). In true Spenserian style, with everything having double meanings, both uses of the term allegory are applicable to his writing. Thus, during the course of this essay it is best not to think of allegory in terms of the size of a body of writing, but as writing with a â€Å"second distinct meaning partially hidden behind its literal or visible meaning†(Baldick 6). Whilst reading for political and religious allegory is key in understanding Spenser’s message, reading for moral allegory also provides readers with detailed insight into the text. It is because of this that I have chosen to focus not only on political and religious allegory but also the moral allegory that accompanies episodes in Book One focused on Una and Duessa. The two characters represent a multitude of allegories; truth and falseness, and Protestantism and Catholicism being the most prominent. Una and Duessa represent a binary opposition, and it is because of this that they help to produce a wealth of allegory when read closely. The characters represent conflicting ideas, yet neither of which would be conceivable without the other . Both characters can only function in the poem when supported by one another, if one character were to be removed, the binary opposition would be removed and the allegory drawn from either Una or Duessa would be less productive. The two episodes I will be investigating are Canto I, Stanzas 4... ...ly representing someone or something more true to life. Roberts is right in saying â€Å"Spenser’s allegorical poem demands the active engagement of its reader to produce allegory†(1). Although he never permits to say it directly, he is also right in noting that close reading of The Faerie Queene provides a much broader ranger of allegory. The examined stanzas are somewhat deceptive; they are short seemingly unimportant introductions that do not contribute to plot. However, in keeping with the true double nature of Spenser’s writing they contribute so much more than that to the text. Spenser uses the stanzas as a gateway for us to begin our study of his characters. Each close reading provides the reader with a different allegory, and it is through these multiple interpretations that Spenser manages to reveal part of his overall political, religious, and moral messages.

Wednesday, January 15, 2020

Scenario planning – Industry scenarios

Before embarking on the discussion, there is one question or so we need to ask ourselves. What is a scenario? What is scenario planning all about? What constitutes industry scenario planning? Straight away, a scenario is a story or a descriptive narrative about the future which aims at sketching the boundaries of the probable and it is assembled on a methodical scrutiny of various factors bearing in mind those alternatives which are credible and somewhat measurable. These factors are: – social, political, economic, environmental and technological. Future environment of a given business, region or policy area could be shaped by these very factors. According to the World Economic Forum, the scenarios explore three or four dissimilar eventualities of how the world might look if the most uncertain and important drivers unfold in different ways. The same source elaborates further that good scenarios are not just dry, analytical descriptions of possible future outcomes. No matter how meticulous they are constructed, they should also be well inspired and highly compelling enough to engage the imagination. They challenge postulations wile at the same time raising awareness of fundamental factors and inspire participants into fresh thinking about what could happen and what it would mean for them. They offer both a new perspective on events and a scaffold for positive deliberations. Scenario planning on the other hand can be used by distributors as a tool of management to predict and benefit from change. In this article, we shall briefly introduce scenario planning, its relevance in connection to distributors and we shall also look at its application as a valuable tool in the industrial sense. As we have said above, that when we think of scenario planning, one great point that has to cross our minds is that a range of alternative futures has to be put into consideration, each of which is considerably diverse and varied from the present operating atmosphere. It would be better to compare and contrast alternative views on how the industry may evolve rather than pinning ourselves on a single forecast which we have assumed to be most probable. Scenario planning is externally oriented and therefore very effective at identifying growth strategies for the company as well as impending threats to its market positions. Scenarios can also help us identify the specific external industry changes that might be causing the company to lose market share or margins. In his article, Scenario Planning Basics for Distributors, Fein Adam presents ways in which distributors are using scenario planning to the betterment of the company. Distributors, he says, should make sure that the management of their company does not erroneously presuppose that changes will not place in the future. In other words, they should explore all the possibilities the company can face and, not only that but, come up with viable alternatives. In connection to this point, they should also assist the management to identify and understand possible threats comprehensively. They should point out growth strategies for the company and test the success of its current strategy in various possible futures. Lastly, they should understand and appropriately react to new customer buying behavior since the customer is the basic unit of the industry and the satisfaction of the customer should be the prime objective of any decision made by the company. Facing the Forces of Change has suggestions of four possible scenarios for distributors to consider. The first scenario is that which stretches into the future and here distributors have entirely incorporated technology into their companies. Given the high level of information development, customers expect distributors to work with them impeccably across numerous communication interfaces. Distributors have effectively achieved this due to rapid rates of developments. These distributors still remain the prime route to market for manufacturers. Coordinated Channels is another scenario where customers seek more information directly from manufacturers. Here, manufacturer Web sites give existing product specifications, comprehensive technical data and also appropriate product feature are selected by the customers who want such information. This information can be accessed by the customers both directly and indirectly. Directly they get connected to the manufacturer Web site and indirectly through an allied distributor’s Web site. Product collaboration between manufacturers and distributors is undertaken on the internet with marketing and inventory management also being done in the channel. However, it still remains the role of the distributors to provide information back to the manufacturer and ensure new performance qualifications are met The third scenario is the one describing a world where consumers and producers pay for the specific conduit activities they may be in need of. This Unbundled Supply Chain has distributors competing directly with supply chain organizations and intermediaries in this scenario are rewarded according to their rate of activity performance. That is, what they have done on behalf of their customers and producers. In the fourth scenario, there is a world with a cluster of consumers forming open and non-profit online exchanges. These common platforms handle the data among supply chain partners. Scenario planning requires a few guidelines to be followed. One must establish a core planning team because analysis of the strategic implications is best in groups. Secondly, a cross section of expertise should be availed, and this includes the heads of the all functional areas of the company. Bringing the ideas of the thinkers the company is endowed with is such a feat worth the take. It is worthwhile to include the outside people by incorporating information gathered from them into the whole system. The focus here should be on infusing appealing and challenging perspectives into the discussion. Outsiders include customers, suppliers, consultants and competitors who hold a vital position in the success of the company. There should be great care in selecting the person to facilitate the scenario planning strategy. An employee of the company should not be part of the choice, neither the senior executive officers. This is because the facilitator should be someone who is focused on planning processes and the two do not appear in this category. Implications scenario planning, just as other forms of business planning, needs an extensive spending of resources from all the individuals of the company. Therefore, the support of top management is a very important determinant of success the company’s planning capability. What this implies is that there should be readiness from every corner of the company in order for this planning strategy to work in the success and goodwill of the company. An honest assessment must be carried out to ascertain as to whether the senior decision makers in the company are not only involved but also dedicated to the scenario planning process. Should the company be unready to work with the process, then even the most sophisticated techniques of a manual or outside consultant are destined to fail. In addition, if the company is faced with a threat of financial insolvency, then it must suspend the identification of long-term threats and other prospects until business stabilizes because this kind of planning is not suited with survival planning. Disruptive innovation is one of the revolutionary theories of technological change used to describe the impact of new technologies on firm’s existence. (Nauosa Hirotta). Combining scenario planning with disruptive innovation is unavoidable in this era of high level of technological embrace. It is sure and straight that a company which does not embrace technology in its strategic plan is left behind. Disruptive technology which initiates the advent of disruptive innovations for example e-marketing is a vital tool but has to be fused with industry scenario so that the company does not lose its clients for the companies. Summary There must be clear repercussions for the company and its strategy if at all scenarios planning is intended to be meaningful. Each scenario can be viewed as a playing ground in which the company finds itself competing in the future and this allows us to apply all of the apparatus of competitive analysis within a given industry setting. The same tools can then be applied in a totally different future. For us to have the best out of scenario planning, a scrutiny of the company’s position must be known. The company may be one which can manipulate how the future evolves by virtue of actions and investments of its members. On the other hand, if it is too small or insufficiently influential, it becomes a scenario taker and in this case its must carefully examine its line of trade and customers so that it is prepared to react and adjust quickly to changes. Such scenario takers will find it wise to rapidly imitate and adopt to survive; they must do what good companies do. Bibliography: Olaisen J, A Johannessen, B Olsen, – International Journal of Information Management, 1999 – Elsevier Page 15 Fein Adam. â€Å"Scenario Planning Basics for Distributors† Accessed last on February 27, 2008 from URL: Accessed last on February 27, 2008 from URL: International Journal of Information Management, Volume 19, Issue 4, August 1999, Pages 263-275 Jon-arild Johannessen, Johan Olaisen and Bjà ¸rn Olsen Disruptive Technology May 3, 2007, Accessed on February 28, 2008 from URL:

Monday, January 6, 2020

Symbolism of the Rose Bush in The Scarlet Letter - 1104 Words

Symbolism of the Rose Bush in The Scarlet Letter On the breast of her gown, in fine red cloth surrounded with an elaborate embroidery and fantastic flourishes of gold thread, appeared the letter A (51). That one simple letter set into the bodice of a young woman named Hester Prynne, tells a story of heartache, pride, strength and triumph in the book elegantly written by Nathaniel Hawthorne, The Scarlet Letter (1850). Hawthornes novel provides many types of symbolism. One of such is the symbolism of a red rose bush growing outside the gates of the town prison. Hester Prynne starts her life as an average respected young woman until she commits the loathsome crime of adultery, which forever condemns her to wear a†¦show more content†¦The rose bushes and the red blossoms symbolize the strength the rose bush needed to survive in its elements to thus provide happiness in others. That one lone beauty, growing in such a dark and gloomy place, provides a ray of hope for those living in despair and loneliness inside the prison gates. The elements the rose bush is exposed to, act as a metaphor for Hester and her hardships which she slowly learns to adapt to. Hester committed adultery, which was believed by the puritans to be a horrible crime. Because of this she lives everyday with the constant reminder of her sin from Scarlet Letter she is forced to wear on her bosom. Hester is also pushed away from everyday society, and forced to live a hidden and lonesome life. While in prison she is presented with her first child Pearl, who gives her a small amount of comfort. For Pearl was still too young to communicate and connect with Hester. Eventually Pearl matures to become Hesters one and only true confidant and friend. Finally sharing some feelings of warmth and comfort with Hester. The same applied to the rose bush. After years of torment, it reaches a point in its life where it is strong enough to present to the world the beauty itShow MoreRelatedSymbolism in The Scarlet Letter by Nathaniel Hawthorne Essay681 Words   |  3 PagesSymbolism enhances the meaning of even a simple painting. It is when a person looks at the images in the painti ng and tries to understand why the painter made those images while another person looks at it and just calls it â€Å"dumb† without even trying to understand it. The latter person completely loses faith in the painting and misses the actual point. When people first read The Scarlet Letter, they notice not only the characters, but also the objects, which may be non-living, but carry tons of meaningRead MoreSymbolism in The Scarlet Letter Essay1252 Words   |  6 PagesSymbolism can be defined as a figure, character, or object that is used to represent complex or abstract ideas. 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ButRead MoreThe Scarlet Letter, By Nathaniel Hawthorne1501 Words   |  7 PagesThe Scarlet Letter, has acquired many different renditions of the cover over the years from different artists. In his story, a young Puritan, Hester Prynne, is sentenced to a punishment of the scarlet letter after she has committed adultery with an unnamed man. Hawthorne’s narrative is filled with in depth characters, symbolism, and themes of revenge, sin, forgiveness and secrecy. By using important symbols, characters, themes from the book, the artists of each cover art for The Scarlet Letter clearlyRead MoreThe Scarlet Letter By Nathaniel Hawthorne1026 Words   |  5 Pagesconsidered the astounding literary works of the Romantic Period of literature. The Scarlet Letter was set in 17th century Boston where most of the population was of firm Puritan faith. Hawthorne used great symbolism in his novel to convey a message of guilt, sin, and judgment. 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