BBA 602- Management Development and Skiils

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ASSIGNMENT

DRIVE FALL	Spring 2014
PROGRAM	Bachelors of Business Administration- BBA
SUBJECT CODE & NAME	BBA 602- Management Development and Skiils
SEMESTER	6
BK ID	B1892
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

What do you mean by Planning? Discuss the advantages of Planning.

Answer : Planning (also called forethought) is the process of thinking about and organizing the activities required to achieve a desired goal.

Planning involves the creation and maintenance of a plan. As such, planning is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans; that is, it combines forecasting of developments with the preparation of scenarios of how to react to them.

2 Discuss the John Fisher’s Model of Personal Change

Answer : John Fisher’s model of personal change – The Transition Curve – is an excellent analysis of how individuals deal with personal change. This model is an extremely useful reference for individuals dealing with personal change and for managers and organizations helping staff to deal with personal change.

1.anxiety

The awareness that events lie outside one’s range of understanding or control. I believe the problem here is that individuals are unable to adequately

Explain the concept of Time Management. Discuss the steps involved in Time Management

Answer : 1. Relax and Remain Composed

Unless you hold some magical power, and if so please enlighten me, everything cannot be finished at once. The first step towards effectively managing time is to take a step back and think clearly. Rushing into any situation without poise can make even the easiest task feel impossible.

2. Construct a Plan and Follow It

A man without a plan is as good as lost. Jumping headfirst into a bevy of tasks in any profession is one of the quickest ways to become overwhelmed

4 Suppose you have joined as a Manager in an organization and you are asked to negotiate on a particular issue. What according to you are the principles of Negotiation? Explain the steps in the process of negotiation.

Answer : Principles of Negotiation

Negotiation is a method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument.

In any disagreement, individuals understandably aim to achieve the best possible outcome for their position (or perhaps an organisation they represent). However, the principles of fairness, seeking mutual benefit and maintaining a relationship

5 Discuss the qualities required to become an effective leader.

Answer : Qualities of an effective leader

1.A good leader has an exemplary character. It is of utmost importance that a leader is trustworthy to lead others. A leader needs to be trusted and be known to live their life with honestly and integrity. A good leader “walks the talk” and in doing so earns the right to have responsibility for others. True authority is born from respect for the good character and trustworthiness of the person who leads.

6Write a short note on the following:

a) Risk Analysis

Answer : Risk analysis is the process of defining and analyzing the dangers to individuals, businesses and government agencies posed by potential natural and human-caused adverse events. In IT, a risk analysis report can be used to align technology-related objectives with a company’s business objectives. A risk analysis report

b) Impact Analysis

Answer : Impact Analysis is a technique designed to unearth the “unexpected” negative effects of a change on an organization.

It provides a structured approach for