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Question: 1
What is meant by the core competency and synergy components of strategy? Give examples. Perform a SWOT analysis for the university campus you attend. Do you think your campus administrators consider these factors when devising their strategy? Why is it important for an organisation's control system to be linked to its overall strategy?
Question: 2
Outline Expectancy theory of motivation. Suppose you are in charge of a group of engineers responsible for the completion of various projects. How would you use expectancy theory to motivate them to perform at a higher level? Explain. Would it be easier to motivate employees in an organization that practice social responsibility? Why?
Question: 3
What characteristics of individuals determine the extent to which work redesign will have a positive impact on work satisfaction and work effectiveness? What is attribution theory? If an employee does an unsatisfactory job on a project, explain the attribution process that this person's manager will use to form judgments about his/her job performance. How are our perceptions of our own actions different from our perceptions of the actions of others?
Question: 4
How can management create an ethical culture? Is it socially responsible for organisations to undertake political activity or join with others in a trade association to influence the government? Discuss. The criteria of CSR suggest that economic responsibilities are of the greatest magnitude, followed by legal, ethical and discretionary responsibilities. How do these four types of responsibility relate to corporate responses to social demands? Discuss.
a) Mission statement refers to the avowal of an organisation's overall purpose, such as Nokia's "Connecting people..." It outlines the basis for setting the objectives of a busin
Question: A reinsurance company writes a book of catastrophe reinsurance contracts to an expected combined ratio of 60%. It estimates that its aggregate claims distribution is
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