Assignment 1 (It is a group assignment. All the group members must contribute to this assignment.) 1. As businesses expand to serve global markets, How Global Changes Affect business houses. Explain with example. 2. "Productivity is the means for increasing the welfare and wealth of nation". Justify the statement. 3. Management is essentially a process of motivation. Discuss. 4. "Management must establish input goals, process goals and output goals with regard to the deployment of all the five M's". 5. Pamela owns a pet-sitting business. People hire her to take care of their pets when they go out of town. As part of her service, Pamela also brings in her client's mail and water their plants. Her business is booming, and she needs to make some critical decisions about its future. Ques. Help Pamela decide what to do next. Should she expand her business? Add employees? Take a partner? Make sure that you evaluate the advantages and disadvantages of each suggestion you offer and mention them in your answer. 6. Discuss the role of managerial hierarchy in organizations