BITS-PILANI, K K BIRLA GOA CAMPUS
First Semester 2023-2024
MID TERM EXAMINATION (CLOSED BOOK)
COURSE NO: MGTS F211 COURSE TITLE: Principles of Management
DATE: 09-10-2023 (11.00 AM – 12.30 PM) MARKS: 30 Marks
Answer all questions
1. You are a fund manager at an investment firm and the following are the details of your project.
Investment Decision Making
States of economy
Growth Medium G No Change Low
Bonds 12 8 7 3
Actions Stocks 15 9 5 -2
Deposits 7 7 7 7
The problem is to decide, what action to take among three possible courses of action, with the given
rates of return as shown in the body of the table. The matrix shows the expected rate of return under
different states of economy, for each instrument; for eg. Bonds will earn a 12% rate of return in a
growth nature of the economy.
a) Identify the condition under which decision is made for the above [1]
b) What is your choice as an optimistic manager and resultant payoff [1.5]
c) What is your choice as a pessimistic manager and resultant payoff [1.5]
d) What is your choice as a manager who desires to minimize maximum regrets and resultant
payoff [2]
2. (a) Discuss the seven dimensions of an organization's culture. [3]
(b) Identify cultural dimension in each of the following case
I. Google has often been cited as a model for employee satisfaction. Google takes extensive care
to ensure employees have the best available conditions to perform, ranging from free snack
bars, free massages, discussion rooms, spas-on-site, and many more such measures. [1]
II. Martha is concerned with the degree to which managers focus on results rather than techniques
and the processes used to achieve those results. [1]
III. Employees at Ottobath Corporation are encouraged to submit their ideas for
improvements to processes and for new products. [1]
3. (a) Identify and discuss management attitudes towards international business in the following case
Samanex Corporation maintains production facilities in 13 different countries on three continents. Each
facility is managed by a native of the country where it is located. [1+2]
(b) Explain the differences between a multidomestic corporation, a global company, and a borderless
organization. Include examples of companies for each of the types of organizations discussed. [3]
4. Identify and discuss the type of corporate strategy used in each of the following case examples.
[6*1=6]
(a) Tata Group of India has businesses in chemicals, communications and IT, consumer
products, energy, engineering, materials, and services.
(b) Union Bank merged with Andhra Bank
(c) Apple has more than 287 retail stores worldwide to distribute its products.
(d) Tom's Welding has been supplying frames to the mobile home industry for many years. His
business has remained steady despite the entry of other firms into the industry. He is
continues serving the same clients by offering the same product or service, maintaining
market share, and sustaining the organization's current business operations.
(e) Ritika Packers supplies packing material to IFB. Recently IFB acquires Rithika packers to
gain control of its inputs.
(f) During the Great Recession, Malcolm's Racing Bikes lost a considerable amount of its
business because customers could no longer afford the expensive models in his shop. He
was very near bankruptcy. Malcolm began carrying a line of less expensive bikes to appeal
to recreational bicyclists and families and also opened a repair service.
5. Explain corporate social responsibility. Additionally, describe examples of environmental problems that
affect businesses and the measures they have taken to address them. [6]
