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Management Theory and Practice NMIMS Assignment Solution April 2025

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Management Theory and Practice NMIMS Assignment SolutionApril 2025.

Description

1. Samatadeep Industries have hired you as a consultant as most of their recent plans have failed miserably. Post you research, you concluded that they have not considered the external environment at all when planning or executing their plans. Can you guide them about the forces that affect management thought? (10 Marks)

2. As a management trainer to a batch of new joiners at ABC Ltd, can you explain Henri Fayol’s 14 principles of management to them and make them understand their significance in today’s world.  (10 Marks)

Q3. Sachi Ltd has been facing many loses and want to modernize themselves using modern tools and have hired you as a consultant for the same. Can you explain the following concepts to them and how will they help them modernize a cycle manufacturing business like theirs.

  1. JIT  (5 Marks)
  2. Six Sigma (5 Marks)