With the aid of examples, critically describe Path-Goal Theory
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Q: QUESTION ONE (a) Mr. Sak is interested in developing and marketing a new drug. The cost of extensive…
A: From the given data: i. Draw a decision tree for Mr. Sak indicating all choices and events
QUESTION 1
With the aid of examples, critically describe Path-Goal Theory.
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- QUESTION: What are the pros/cons of using a SWOT Analysis in a... What are the pros/cons of using a SWOT Analysis in a business setting? Describe the SWOT Analysis.Question 2 a. In which way(s) is Sen's (1970) impossibility theorem of project choice superior or inferior to the conventional Cost-Benefit Analysis principles of project choice based on the Hicks-Kaldor compensation test.One of the strongest unfeasibility to be faced when considering identification of new technologies is an uncertain future, whereas forecasting and prediction are essential for investing in future innovation. Question: Explain TWO potential methods of detect and identifying a new technology in organizations.
- QUESTION 1 You intend to conduct a training programme for current and future managers. Discuss with relevant examples FIVE (5) Off-the-job management training methods with advantages and disadvantages of each method.Chapter 18 Concept Check Question 1. What are the 5 types of people identified by W. S. Neff? 2. What is work related stress?Question 4 "You are a project manager for a 10,000 sf industrial garage project in Toronto with a contract value of $1,350,000 and a contract duration of 6 months. You are preparing a status report for the project at the end of Month 3. The following progress data is available. What would be the forecast for estimate at completion for the project as of this reporting period? Use the CPI method of forecasting." PROJECT PLANNED DURATION REPORTING PERIOD Project Progress Data Planned Value (PV) Earned Value (EV) Actual Cost (AC) O "$1,080,000" "$1,215,000" O "$1,323,000" O "$1,161,000" INDUSTRIAL BUILDING 6 MONTHS MONTH 3 Month 1 $225,000 $250,000 $225,000 Month 2 $225,000 $250,000 $225,000 Month 3 $225,000 $250,000 $225,000 Month 4 $225,000 Month 5 $225,000 Month 6 $225,000
- Question 3 A. In serving customers, there are seven particular behaviours that can spoil the delivery of an excellent service product. Explain the SEVEN (7) deadly sins in which all customer contact employees should ensure never occurs in customer service. B. List FOUR (4) needs that motivate customers according to Maslow's hierarchy. C. Outline FIVE (5) strategies that can be used by organisations to help develop or maintain customer loyalty.QUESTION ONE(a) Mr. Sak is interested in developing and marketing a new drug. The cost of extensiveresearch to develop the drug would be 100,000. The manager of research programme saidthat there is 60% chance that the drug will be developed successfully. The market potentialis assessed as follows with present value of profit:Market conditions Probability Present value of profits.Large market potential 0.1 500,000Moderate market potential 0.6 220,000Low market potential 0.3 80,000The present value figures do not include the cost of research. While Mr. Sakala wasconsidering this proposal, another similar proposal came up which also required theinvestment of 100,000. The present value of profit for the second proposal was 120,000.The return on the investment in the second proposal is almost certain.i. Draw a decision tree for Mr. Sak indicating all choices and eventsii. What decision Mr. Sak should take regarding the investment of 100,000?iii. If Mr. Sak is a risk averter, should he…Please asnwer with your own words please Question 1: Despite aggressive campaigns to attract customers with lower mobile phone prices, S-Mobile has been losing large number of its most lucrative two-year contract subscribers. Management wants to know why so many customers are leaving S-Mobile and what can be done to entice them back. They are worried if the customers are deserting because of poor customer service, uneven network coverage, wireless service charges, or competition from carriers with Apple iPhone service. What strategic decisions shall S- Mobile take to overcome this problem?
- Question 1: In what particular situation where a manager needs to evaluate alternative courses of action to come up with a decision?Question 1: Assume that there are a total of six different market segments for the fitness center market. Take reference from the listed overview of the markets and answer the questions give below. Overview: Making friends: The “making friends” market segment sees fitness centers as an opportunity to mix with people with similar goals and lifestyles and to make new friends. Losing it: The next market segment is “losing it”, which refers to the goal of losing weight. Taking shape: The “taking shape” market segment consists of consumers who are primarily interested in improving the look of their body. Peak performers: Consumers in the “peak performers” segment are highly disciplined and self-motivated individuals when it comes to their health and fitness. They are highly focused upon achieving their personal best. Health requirements: Consumers in this market segment attend a fitness center because they are trying to improve their health, strength, or because of “doctor’s orders”. Sports…Question 1 Four basic functions of management are Select one: a. Cooperating, organizing, planning and leading b. Controlling, leading, planning and organizing c. Motivating, organizing, planning and leading d. Cooperating, motivating, planning and leading Question 2 In the acronym PESTEL ( i.e.PESTEL analysis), the P is for: Select one: a. Planning b. Political c. Procedure d. Principle Question 3 On the law books, there are fines, although small, that speaks to the improper disposal of business waste to prevent ill-health issues in the environment and to its citizens. There is no law that speaks to the individual waste disposal. Based on this, would you conclude that Select one: a. What is legal is ethical b. What is ethical is illegal c. laws are not necessary for waste disposal d. all of the above Question 4 A code of ethics in an organization Select one: a. guarantees employees will act in an ethical manner. b. describes what is…