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Mid Term ITM Spring3 2021

This document is a mid-term exam for an Introduction to Management course. It contains two parts, each worth 10 marks. Part I has two short answer questions about organizational effectiveness and efficiency, and how societal trends influence management practice. Part II focuses on a case study about TOMS Shoes and its "one-for-one" business model of donating shoes. It contains four questions about classifying TOMS' approach, whether consumers are drawn to charitable products, defining green management, and differentiating social obligation, responsiveness and responsibility. Students are instructed to answer all questions in detail and provide examples where necessary.

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Muhammad Daud Ali
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72 views2 pages

Mid Term ITM Spring3 2021

This document is a mid-term exam for an Introduction to Management course. It contains two parts, each worth 10 marks. Part I has two short answer questions about organizational effectiveness and efficiency, and how societal trends influence management practice. Part II focuses on a case study about TOMS Shoes and its "one-for-one" business model of donating shoes. It contains four questions about classifying TOMS' approach, whether consumers are drawn to charitable products, defining green management, and differentiating social obligation, responsiveness and responsibility. Students are instructed to answer all questions in detail and provide examples where necessary.

Uploaded by

Muhammad Daud Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Capital University of Science and Technology

Department of Computer Science


MGSE1003:Introduction to Management
Mid-Term Exam
Semester: Spring 2021 Max Marks: 20
Date: 19th May, 2021 (12:00 – 1:30 pm) Time: 90 minutes
Instructor Name: Saddaf Adalat
Instructions:
 Attempt all questions.
 This exam carries 20% weightage towards the final evaluation.
Name: Reg. No.

Part I (CLO - 1) (10 Marks)


Question No. 1
A. Are all effective organizations also efficient? Discuss with the help of example. If you
had to choose between being effective and being efficient, which one would you say is
more important? Why?

B. How do societal trends influence the practice of management? Explain with the help of
examples. What are the implications for someone studying management?

Part II (CLO – 2) (10 Marks)

Question No. 2.
“A Better Tomorrow”
It’s an incredibly simple but potentially world changing idea. For each pair of shoes sold, a
pair is donated to a child in need. That’s the business model followed by TOMS Shoes.
During a visit to Argentina in 2006 as a contestant on the CBS reality show The Amazing
Race, Blake Mycoskie, founder of TOMS, “saw lots of kids with no shoes who were
suffering from injuries to their feet.” Just think what it would be like to be barefoot, not by
choice, but from lack of availability and ability to own a pair of shoes.
He was so moved by the experience that he wanted to do something. That something is
what TOMS does now by blending charity with commerce. (The name TOMS is actually
short for “Shoes for a better tomorrow,” which eventually became “Tomorrow’s Shoes,”
which then became “Toms.”) And a better tomorrow is what Blake wanted to provide to
shoeless children around the world. Those shoe donations have been central to the success
of the TOMS brand, which is popular among tweens, teens, and twenty something’s. And
TOMS has helped provide more than 1 million shoes to kids in need in the United States
and abroad since its founding. Hoping to build on this success, the company recently
launched its second one-for-one product an eyewear line whose sales will help provide
improved vision to those in need.

MGSE1003:Introduction to Management Page 1 of 2


Q1. Would you describe TOMS’ approach as social obligation, social responsiveness, or
social responsibility? Explain.

Q2. Do you think consumers are drawn to products with a charitable connection? Why or
why not?

Q3. What is green management and how can organizations go green? Many organizations
around the world claim they are green. What criteria would you consider to objectively
evaluate their green credentials?

Q4. Differentiate between social obligation, social responsiveness, and social responsibility.
What does social responsibility mean to you personally? Do you think business
organizations should be socially responsible? Explain

Note: Write your answers in detail and justify answers with examples where necessary!

MGSE1003:Introduction to Management Page 2 of 2

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