MBA_Sem1_Complete_Answers_Final
MBA_Sem1_Complete_Answers_Final
**Example:** A customer believes Apple products are innovative (**Cognitive**), feels excited about using
them (**Affective**), and purchases an iPhone (**Behavioral**).
**Examples:**
- Type A personalities often work in high-stress environments (e.g., CEOs, stock traders).
- Type B personalities may thrive in creative roles (e.g., artists, writers).
**Negative Effects:**
- Reduced group productivity
- Decreased individual accountability
- Increased workplace conflicts
**Example:** In a team project, some members may contribute less, assuming others will compensate for
their lack of effort.
**Types of Change:**
- **Planned Change:** Strategically implemented (e.g., restructuring for efficiency).
- **Unplanned Change:** Happens unexpectedly (e.g., adapting to a sudden economic crisis).
- **Incremental Change:** Small, continuous improvements (e.g., Kaizen in Toyota).
- **Transformational Change:** Major shifts (e.g., digital transformation at Netflix).
**Example:** Nokia shifting from mobile manufacturing to 5G technology after losing its smartphone market
share.
**Example:** In a corporate merger, leaders may use collaboration to merge work cultures effectively.
**Example:** A sales employee works harder when they believe (1) effort leads to better sales (Expectancy),
(2) sales lead to higher commission (Instrumentality), and (3) they value the commission (Valence).
**Example:** Steve Jobs (leader) was visionary, while Tim Cook (manager) focused on operational efficiency.
8. Evolution of Management
**Management evolution** reflects changing business needs and organizational complexity.
**Example:** Toyota's Lean Manufacturing optimizes efficiency, combining scientific and modern
management principles.
**Example:** Google uses a matrix structure with functional expertise and cross-functional projects.
**Example:** In job interviews, first impressions (halo effect) can unfairly influence hiring decisions.
**Challenges Faced:**
1. **Lack of formal structure:** Employees had too much freedom, causing inefficiency.
2. **Workplace discipline:** Employees preferred informal work styles, making deadlines difficult.
3. **Conflict between business growth and relaxed culture.**
**Strategic Solutions:**
- Introduce a **semi-structured management** style (balance flexibility and efficiency).
- Implement **leadership training programs** for young employees.
- Use **collaborative decision-making** to align employee engagement with corporate goals.
- Introduce performance-based rewards to **motivate employees**.
**Example of Implementation:**
- Google and Facebook successfully blend relaxed cultures with structured decision-making processes.
**Conclusion:**
Leadership must balance **flexibility and accountability** to drive success in modern software firms.