NPTEL Principles of Management Week 6 Assignment Answers 2025
1. Match the following:
1. Joint Venture a. McDonald’s operates globally using this model where it allows others to use its brand.
2. Licensing b. Starbucks partnered with PepsiCo to produce ready-to-drink coffee products.
3. Franchising c. Disney allows manufacturers to use its characters on its products like toys and clothes.
4. Strategic Alliance d. Tata Motors partnered with Fiat to manufacture and distribute Fiat cars in India.
- 1-a, 2-b, 3-d, 4-c
- 1-b, 2-d, 3-c, 4-a
- 1-c, 2-a, 3-b, 4-d
- 1-d, 2-c, 3-a, 4-b
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2. Statement 1: Production is dictated by demand and supply in free market economy.
Statement 2: Tariffs are taxes levied on the exports.
- Statement 1 is true, Statement 2 is not true
- Statement 2 is true, Statement 1 is not true
- Both the statements are true
- Both the statements are not true
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3. Which example best illustrates the communication approach in a high-context cultural setting?
- A Chinese family gathers for dinner and relies on unspoken traditions to guide the conversation.
- An American businessperson provides a PowerPoint presentation with detailed instructions.
- A German manager emails a comprehensive agenda for a meeting.
- A British executive insists on written contracts before a deal.
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4. Which management style is characterized by minimal interference from the manager and maximum employee autonomy?
- Bureaucratic
- Laissez-faire
- Autocratic
- Participative
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5. The Baldrige framework emphasizes a systems perspective. What does this mean?
- Focusing exclusively on technology systems in the organization
- Ensuring all components of the organization work cohesively towards common goals
- Prioritizing operational efficiency over strategic alignment
- Focusing only on the customer experience
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6. What differentiates the geocentric approach from other international management approaches?
- Focuses only on host-country operations
- Prioritizes hiring based on nationality
- Hires the best talent globally, regardless of origin
- Manages operations with minimal interference from the headquarters
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7. What type of knowledge resides in the individual through their learnings, experience, and observations?
- Tacit Knowledge
- Explicit Knowledge
- Procedural Knowledge
- Descriptive Knowledge
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8. What is DQT (Deliver Quality on Time) in the context of the project objective?
- Repeated order>happy customer>more referral
- Happy customer>more referral>repeated order
- Happy customer>repeated order>more referral
- More referral>repeated order>happy customer
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9. What is a key feature of the 360-degree feedback appraisal method?
- Employees are evaluated only by their immediate supervisor.
- Feedback is gathered from multiple sources, including peers, subordinates, and supervisors.
- Performance is measured against pre-set objectives.
- It uses standardized performance tests for evaluation.
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10. Which of the following is an example of an achievable SMART goal?
- “Increase sales by 300% in one month.”
- “Lose 20 pounds in 1 week.”
- “Improve customer satisfaction ratings by 10% over the next quarter.”
- “Become the best salesperson in the region.”
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