Q. 1

a. In the current environment, what is more important for an organization's efficiency or effectiveness?

Explain your choice briefly through examples of situations in which each choice would be appropriate.

b. Businesses are built on relationships.

(i) What do you think this statement means?

(ii) What are the implications of this statement on managing the external environment?

Q. 2

a.How do social responsibility, social obligation, and social responsiveness differ?

Are there any similarities here?

b. Managers at various levels in an organization can promote ethical conduct by all employees if they become role models.

How can a manager become a role model for ethical behavior?

Respond to this question by providing two examples of ethical decision making by mid-level managers.

Q. 3

a. Discuss the pros and cons of managers using technology to make managerial decisions.

b. Because managers can utilize powerful decision-making technology tools, they should be able to make rational decisions consistently.

Do you agree or disagree with this statement? Explain the rationale for your response, briefly.

Q. 4

a. Does organizational structure impact the effectiveness and efficiency of the operations?

Justify your answer with specific examples of impact or lack of impact.

b.How does Human Resource Management (HRM) help achieve the objective of having the right numbers of the right people in the right place at the right time?