problem 1: According to the Friedman, Organizations must not engage in the social responsibility as it is against the interest of shareholders of the organization. As a result, they must only aim to maximize the profits.
a) Describe clearly what you understand by the social responsibility?
b) Describe the significance of social responsibility for business organizations.
c) To whom are organizations socially responsible?
problem 2: What are the various elements in the external environment of the organization and why are they significant?
problem 3: Motivating employees is a very significant aspect of the manager’s jobs. In this context, describe the relevance of the Maslow’s hierarchy of requires in motivating the employees in practice.
a) Differentiate between the Functional and Matrix structure of an organization.
b) Give a sample illustration of both kind of departmentalization.
c) What are the benefits and drawbacks of a Functional and Matrix organization structure?
problem 5: As a newly appointed manager of an organization, you have been assigned to build up teams to work on specific projects.
a) What are the fundamental factors you would consider before grouping different employees in the same team?
b) As the team builds up and start working, describe and describe the different phases you and the members will be witnessing.