MMPC-1 2024-25 SOLVED ASSIGNMENT

Description

ASSIGNMENT
Course Code : MMPC-001
Course Title : Management Functions and Organisational Processes
Assignment Code : MMPC-001/TMA/JULY/2024
Coverage : All Blocks
Note: Attempt all the questions and submit this assignment to the coordinator of your
study centre. Last date of submission for J July 2024 session is 31st October, 2024 and
for January 2025 sessions is 30th April, 2025.
Read the following case study carefully.
XYZ Corporation: Navigating Through Change
XYZ Corporation is a mid-sized company specializing in consumer electronics. Over the past
decade, XYZ Corporation has seen significant growth due to its innovative products and strong
market presence. However, recent changes in the market, increased competition, and
technological advancements have put pressure on the company to adapt and evolve. The
company’s CEO, Mr. Rajesh Kumar, has decided to implement a series of strategic changes to
maintain the company’s competitive edge. These changes include:
 Restructuring the organization to improve efficiency.
 Introducing new technology to enhance product development.
 Expanding into new international markets.
 Developing a stronger online presence.
Questions:
a. Management Functions:
1. Identify and describe the four fundamental functions of management as they pertain to
the case study.
2. Provide specific examples from the case study where XYZ Corporation demonstrates
each of these functions.
b. Management Theories:
1. Select two management theories and explain their relevance to the changes being
implemented at XYZ Corporation.
2. Discuss how these theories can be applied to enhance the effectiveness of XYZ
Corporation’s management strategy.
c. Leadership Styles:
1. Analyze the leadership style of CEO Mr. Rajesh Kumar based on the case study. Is he
more of an autocratic, democratic, or laissez-faire leader? Provide evidence from the case
study to support your analysis.
2. Recommend an alternative leadership style or approach that might be effective for XYZ
Corporation in navigating through these changes. Justify your recommendation.
d. Change Management:
1. Discuss the challenges that XYZ Corporation might face in implementing these strategic
changes. How can the management team address employee resistance to change?
2. Propose a change management model that would be appropriate for XYZ Corporation.
Explain how the chosen model can be applied in this scenario.