BE2601 Principles of Management NTU Assessment Answer

Nanyang Technological University (NTU) Principles of Management module emphasizes the knowledge, techniques, competencies, and skills needed to manage an organization successfully. The BE2601 course will explore the process and basic concepts of Management.

The BE2601 Principles of Management module learning outcomes

The ntu Principles of Management curriculum comprised four academic units.

Upon successful completion of the BE2601 course, you as a learner must understand the following

1. Evaluate issues in the organization present in the dynamic global environment.

To apply various management principles to propose and develop solutions to business enterprises. The Principles of Management lectures examine the working and logic of organizations.

It includes issues related to culture, communication, Technology,  resources   information, and corporates.

The major challenges faced are lack of clarity, disappointed conflict resolution, conflicting corporate culture, and slow decision power.

2.Evaluate the ethical issues arising in the Enterprise.

 From the BE2601 project report, you will learn to apply ethical reasoning, report its implications, and develop solutions. To further study corporate social responsibility and ethics in business operations.

It includes ethical leadership, harassment, discrimination, and toxic workplace culture.

3.Evaluate how organizations maintain and develop a competitive advantage.

To investigate how an organization maintains and develops a competitive advantage with changing business environments. Through the Principles of Management assignments, we will also see (PESTLE) factors that are environmental, legal, social, economic, technological, and political factors.

4.Formulate business decisions by using Different techniques and tools to remain competitive.

In the BE2601 class participation, you will be taught four competitive strategies to maintain competitive advantage such as marketing strategy, cost differentiation, and cost leadership strategies.

Being competitive means to produce services and goods in a better and cheaper way than competitors.

5.Analyze how managers use critical thinking skills and problem-solving strategies in real-life situations.

You will learn internal and external organizational environment planning for business operations, building a dynamic company, and quality management. By doing the Principles of Management fieldwork, you will understand the decisional, interpersonal, and informational roles of the manager. These include being a negotiator resource allocator disturbance handler and an entrepreneur role.

6.Relate how various business areas support the mission and vision.

We will see how organizational goals are accomplished by different areas of the business such as human resource management, finance, marketing, service, and manufacturing units.

The BE2601 reflective learning project includes companies’ values, goals, purposes, and its desired future position.

7.Contextualize how successful planning is implemented by the managers.

Applying conceptual techniques and tools in addressing, evaluating, and analyzing management issues by the managers. To develop skills that are related to the manager’s functions as required in the present competitive environment through the Principles of Management class online learning. Successful planning includes achievable, measurable goals and framing the correct business plan.

8.To develop managerial soft skills.

To develop various skills such as communication, ethical reasoning, critical thinking, interpersonal, and teamwork skills from the BE2601 group presentation. To further support decision-making, problem-solving, using emotional intelligence, understanding stakeholders need, and interpersonal competencies to inspire and motivate themselves and others.

9.To develop effectively long and short-range plans to accomplish organizational goals.

You will examine the manager’s role in the process of controlling, organizing, leading, and planning the fundamental roles of the organization. The Principles of Management elective includes crafting a strategy, setting objectives, strategic vision, and then implementing them. Key goals include management and employee performance, market share, innovation, profitability and productivity.

10.To systematically analyze Management related challenges.

The BE2601 course content includes four management pillars (POLC) such as organizing, planning, control, and leading for an understanding of Management challenges.

Some challenges include lack of communication, time management, poor teamwork, absence of structure, lack of communication, and decreased performance levels.

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The BE2601 Principles of Management assessment consists of reflective project and fieldwork of 25%, the project work report of 30%, Peer appraisal and group presentation of 15%, assignment report of 15%, and online learning and participation activities of 15% marks.

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