Showing posts with label Discuss the concept of family business. Show all posts
Showing posts with label Discuss the concept of family business. Show all posts

Monday, 27 February 2017

Discuss the concept of family business, its advantages & disadvantages



Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224



Principles and Practice of Management




Case   (20 Marks)


Because of a number of new product introductions, and the modifications of several existing products, the marketing director has decided to issue a new sales manual to its sales force. The present manual is pocket­sized, about 5 by 8½ inches, and is bound in   book form. To make the new manual more efficient and to allow for more product information on each page, the size is increased to 8½ by 11 inches, and the pages are in a loose­leaf binder so that they can be easily replaced without reprinting the entire manual. When the new manuals are issued you notice Sam Jeffries, an old­timer on the sales force, carefully cutting the 8½ by 11 pages     down to 5 by 8½ inches and pasting them over pages in the old manual. When you ask him why he is doing this, he tells you that the old manual fits in his pocket, and he doesn’t want to carry a big loose­leaf binder around.


Answer the following question.


Q1.   What went wrong here?


Q2.   Is it worth the effort to try to convince Jeffries to use the new  manual?



Case   (20 Marks)


The Gurjjar agitation in the Western part of India (particularly in the Indian state of Rajasthan) had claimed many lives since 2007. The Gurjjar community was demanding Scheduled Tribe status for the community but the issue became a matter of debate as   scholars held divergent views about the origins of the Gurjjars. The issue also took a political hue and posed a serious challenge for policy maker in India.


Answer the following  question.


Q1.  Should the issue of inclusion of the Gurjjar community in the Scheduled Tribes category be corrected by political means? What will be the major consequences for Indian politics and society if the Gurjjars are enlisted in the Scheduled Tribes Category?


 Q2. Is there a need to redefine the criteria for considering any community for inclusion in the Scheduled Tribes category? Discuss.



Case   (20 Marks)


The Regional Administrative office of a company was hastily set up. Victor a young executive was directly recruited to take charge    of Data Processing Cell of this office. The data processing was to help the administrative office in planning and monitoring. The   officer cadres of the administrative office were a mix of directly recruited officers and promote officers. Females dominated the    junior clerical cadre. This cadre was not formally trained. The administrative office had decided to give these fresh recruits on the     job training because when results were not up to the expectations blame was brought on the Data Processing Cell. Victor realized     that the administrative office was heading for trouble. He knew that his task would not be easy and that he had been selected because of his experience, background and abilities. He also realized that certain functional aspects of the administrative office were not   clearly understood by various functionaries, and a system and procedures were blindly and randomly. Following First seminar   Dcuhna conducted a one week training course for the clerical cadre, especially for juniors, freshly recruited clerks. The grand finale followed swiftly Dcuhna happened to ge annoyed with a female clerk. During the absence of her officer, who was on sick leave and ahd not been substituted by another officer, she bean submitting nil returns. Dcuhna took pains to explain her that certain topics a nil feedback was not tenable. The lady reported that it was none of his business to tell her this. He should talk to her officer when the officer reports back from leave. Dcuhna fired her and reported the situation to CRM. The other ladies were up in the arms against Dcuhna. The lady also complained to higher management that Dcuhna had no business to scold her, He countered that has been a   male clerk in her place he would have scolded him too, when females enjoyed equal rights with males he was not impartial. Dcuhna was transferred to another place rather than another department which was humiliating to him. A shocked and disillusioned Dcuhna quit the enterprise.


Answer the following  question.


Q1.   Diagnose the problem and enumerate the reasons for the failure of Dcuhna   ?


Q2.   What could Dcuhna have done to avoid the situation in which he found himself   ?



Case   (20 Marks)


Perdue Farms, running the international business of food and agriculture, was a privately held family run business established with    the vision, ‘To be the most trusted name in food and agricultural products’. In 2012, in the markets of the eastern United States,   Perdue Farms stood as the third largest poultry company and the number one brand of fresh chickens. The three generations of the Perdue family had followed the same vision in the business, though their approaches had varied. Arthur, Franklin, and Jim, had   worked for at least five years outside the family business before joining Perdue Farms; Jim opined that, “You can’t find out about yourself and your abilities in a family business as easily as you can in an independent business.” The successful succession planning   at Perdue Farms from the second to the third generation could be attributed to the fact that during the transfer of ownership from   Frank to Jim, a family business consultant was called in to address the transition issues. According to Jim, the major challenges in business succession included persons belonging to the older generation being reluctant to step away from the business, and being unable to provide motivation for the younger generation... In a bid to bring new varieties of chicken into the market, Arthur in the  early days of the business crossbred the best available varieties of chicken to produce better quality hybrids. The founder of the farm set up the business based on a vision which was followed by all the generations... Though all the three generations of the Perdue  family had been able to successfully run the family business with a common a vision of quality, integrity, teamwork, and    stewardship, there were differences in all the three leaders.. I Under Jim’s stewardship, Perdue Farms grew many­fold but it also became the target of various allegations. In March 2010, nonprofit environmental groups like Assateague Coast keeper and Water keeper Alliance filed a suit accusing Perdue Farms and its contractor Hudson Farms of polluting the waters flowing into the Chesapeake Bay. Perdue Farms was struggling to counteract many of the allegations leveled against it such as negative effects of its operations on the environment, exploitation of farmers, and making false claims of producing ‘humanely’ raised chickens.


Disagreeing with these charges, Jim opined that the company was doing enough in seeking environmental protections; he said, “We’re doing a lot (to protect the environment) and we’ll continue doing a lot, and I think the rest of the country will benefit from what we’re doing and learning  here..


Answer the following  question.


Q1. Discuss the concept of family business, its advantages & disadvantages.


Q2.   Analyze the management style across different  generations,


Q3.   Analyze the management style across different  generations.


Q4. Explain the role played by an entrepreneur in setting up a family business, identifying the 
opportunities and sustaining the growth of the  firm.





Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact

ARAVIND – 09901366442 – 09902787224

Saturday, 28 January 2017

Principle and Practices of Management - Discuss the concept of family business, its advantages & disadvantages




Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224



Principle and Practices of Management





CASE STUDY (20 Marks)




Two of the leading manufacturers of high­end mobile phones, Motorola, Inc. (Motorola) and Research in Motion Ltd. (RIM), had entered into an agreement in February 2008, whereby the two companies had agreed not to poach each other's employees. In September 2008, Motorola sued RIM and claimed for damages accusing the latter of poaching 40 of its employees in Florida. In December, RIM counter­sued Motorola accusing the company of illegally preventing it from hiring employees who had been fired from Motorola though the original agreement between the two companies had expired in August 2008. While experts are still divided on whether talent poaching is ethical, there has been a steep increase in employee poaching lawsuits across all sectors as employers are concerned with protecting their trade secrets . In December 2008, Research in Motion Ltd. (RIM) sued Motorola Inc. (Motorola) for, what it called, illegally preventing it from hiring employees that Motorola had laid off. According to RIM, the two companies had entered into an agreement in February 2008 on not hiring each other's employees or the newly separated exemployees. When Motorola announced layoffs in large numbers, RIM, attempted to hire and gain some engineers at a lower cost. RIM considered that the agreement had expired in August 2008 and prayed to the Chicago court for damages. RIM contended that despite the agreement having expired, Motorola had unlawfully extended the contract and prevented RIM from offering jobs to the fired Motorola employees.



Answer the following question.



Q1. Give an overview of the case.



Q2. Discuss talent poaching and give reasons why talent poaching is illegal




CASE STUDY (20 Marks)



 The case summarizes the career of Indian Cricketer Mohammad Shami. Shami was born in a remote village called Sahaspur, Uttar Pradesh. He developed a deep passion for fast blowing from his teenage days and dreamt of playing for the national team. Shami struggled for a year in clubs of Kolkata before getting selected in the Bengal Under­22 team. SouravGanguly, former captain of the Indian Cricket Team recognized his talent during net practice sessions and recommended him for the Bengal Ranji team in 2010. Shami was signed on by the Kolkata Knight Riders for the 2011 session of the Indian Premier League. In 2005, Tousif Ali (Ali) sent his 15­year­old son, Mohammad Shami (Shami), from Sahaspur, a small town in Uttar Pradesh, North India, to Kolkata in the hope of securing a better future for him in cricket. Ali, himself had been a fast bowler in his younger days in a village team. He saw the deep passion Shami had for cricket as a teenager. He had earlier taken him to Badruddin Siddique, a cricket coach in Moradabad, 22 km from the village. Shami bowled exceptionally well in the under­19 trials but couldn’t make it to the team. With Uttar Pradesh not having an organized club system for cricket, Shami had no choice but to leave his hometown to Kolkata. 




Answer the following question.



Q1. Discuss the importance of patience, perseverance and passion in success.


Q2. Explain how clubs, state level and domestic matches help grooming of cricketers for the national cricket team.




CASE STUDY (20 Marks)



MrVenu Gopal was the section officer in charge of a large administration section. There were 10 typists above 50 years of age and one zerox machine operator. Though the type writers had been discarded and personal computers purchased, the typists were not in a position to use computers and were manually entering the incoming and outgoing letters in inwards and outwards registers. The staff had become redundant. Though there was not much work load of photocopying of letters, the photocopier machine remained out of order and there was no work for operator. There was a rate contract for the repairs and maintenance of photo copier machine but the mechanic was hardly visiting the office for repair work. Mr. Gopal and his section were under fire because of inefficiencies in maintaining the records and pending typing works. He was not able to keep his staff engaged and all were indulged in other unproductive activities. Because of ban in recruitment, other operational sections were starving for additional staff. Answer the following question.



Q1. As a boss of MrVenu Gopal, what steps should have been taken by you to streamline the activities?



Q2. Discuss how and where the administration has failed to keep the staff engaged?






CASE STUDY (20 Marks)




Perdue Farms, running the international business of food and agriculture, was a privately held family run business established with the vision, ‘To be the most trusted name in food and agricultural products’. In 2012, in the markets of the eastern United States, Perdue Farms stood as the third largest poultry company and the number one brand of fresh chickens. The three generations of the Perdue family had followed the same vision in the business, though their approaches had varied. Arthur, Franklin, and Jim, had worked for at least five years outside the family business before joining Perdue Farms; Jim opined that, “You can’t find out about yourself and your abilities in a family business as easily as you can in an independent business.” The successful succession planning at Perdue Farms from the second to the third generation could be attributed to the fact that during the transfer of ownership from Frank to Jim, a family business consultant was called in to address the transition issues. According to Jim, the major challenges in business succession included persons belonging to the older generation being reluctant to step away from the business, and being unable to provide motivation for the younger generation... In a bid to bring new varieties of chicken into the market, Arthur in the early days of the business crossbred the best available varieties of chicken to produce better quality hybrids. The founder of the farm set up the business based on a vision which was followed by all the generations... Though all the three generations of the Perdue family had been able to successfully run the family business with a common a vision of quality, integrity, teamwork, and stewardship, there were differences in all the three leaders.. I Under Jim’s stewardship, Perdue Farms grew many­fold but it also became the target of various allegations. In March 2010, nonprofit environmental groups like Assateague Coast keeper and Water keeper Alliance filed a suit accusing Perdue Farms and its contractor Hudson Farms of polluting the waters flowing into the Chesapeake Bay. Perdue Farms was struggling to counteract many of the allegations leveled against it such as negative effects of its operations on the environment, exploitation of farmers, and making false claims of producing ‘humanely’ raised chickens. Disagreeing with these charges, Jim opined that the company was doing enough in seeking environmental protections; he said, “We’re doing a lot (to protect the environment) and we’ll continue doing a lot, and I think the rest of the country will benefit from what we’re doing and learning here..



Answer the following question.



Q1. Discuss the concept of family business, its advantages & disadvantages.


Q2. Analyze the management style across different generations,


Q3. Analyze the management style across different generations.


 Q4. Explain the role played by an entrepreneur in setting up a family business, 
identifying the opportunities and sustaining the growth of the firm.






Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224