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Send your semester & Specialization name to our mail id :
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ASSIGNMENT
DRIVE SPRING 2016
PROGRAM MBA
SEMESTER 3
SUBJECT CODE & NAME MU0012 – Employee Relations Management
BK ID B1734
Credit & Marks 4 CREDIT, 60 MARKS
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Question.1. What do you understand by ERM? List out the
importance of ERM? List the different levels of strategy in an
Organization?
Answer:Enterprise risk management (ERM or E.R.M.) in business includes the methods and
processesusedbyorganizationstomanage risksand seize opportunitiesrelatedtothe achievement
of their objectives. ERM provides a framework for risk management, which typically involves
identifying particular events or circumstances relevant to the organization's objectives (risks and
opportunities), assessing them in terms of likelihood and magnitude of impact, determining a
response strategy, and monitoring progress. By identifying and proactively addressing risks and
opportunities, business enterprises protect and create value for their stakeholders, including
owners, employees, customers, regulators, and society
Question.2. Explain the types of organizational conflict?
Briefly explain The Trait Theory and Managerial Grid Model.
Answer:Since conflicthasbothpositiveaswell asnegative connotations and consequences, it must
be looked into and managed for organizational benefit. Management must survey the situation to
decide whether to stimulate conflict or to resolve it. Thomas and Schmidt have reported that
managers spend up to twenty percent of their time in
The Trait Theory and Managerial Grid Model:The trait model of leadership is
based on the characteristics of many leaders - both successful and unsuccessful - and is used to
predictleadershipeffectiveness.The resultinglistsof traitsare then compared to those of potential
leaders to assess their likelihood of success or failure.
Scholars taking the trait approach
Question.3. What are the different types of organization discipline?
Write down the steps followed in Common disciplinary procedures?
Answer:Discipline is required for any activity where people work together toward a common
objective. The opposite of discipline is anarchy, where each person does what he wants without
concern for others. Any organization depends on group cooperation, and cooperation cannot be
achieved without discipline. Discipline is the structure and order within an individual or within a
groupthat allowsfortrue cooperation,real supportof the mission and the members of the team or
organization.
Question.4. Illustrate the points that is considered by the
management while handling grievances? What do you understand
by collective bargaining? What are the three levels inwhich
collective bargaining operates?
Answer:A collective bargainingagreementis the ultimate goal of the collective bargaining process.
Typically, the agreement establishes wages, hours, promotions, benefits, and other employment
termsas well asproceduresforhandlingdisputesarisingunderit.Because the collective bargaining
agreementcannotaddresseveryworkplace issue that might arise in the future, unwritten customs
and past practices, external law, and informal agreements are as important to the collective
bargaining agreement as the written instrument itself.
Question.5. What are the advantages and disadvantages of having
Trade Unions? Describe trade unions in India.
Answer:A trade union is an organization of workers who have banded together to achieve certain
commongoalswhichisbasically "maintaining or improving the conditions of their employment".A
trade union is a voluntary organization of workers pertaining to a particular trade, industry or a
company and formed to promote and protect their interests and welfare by collective action.
Question.6. Write a brief note on the following :
(i) Workmen’s Compensation Act, 1923
Answer:The Workmen’s Compensation Act, 1923 provides for payment of compensation to
workmen and their dependants in case of injury and accident (including certain occupational
disease) arisingoutof andin the course of employment and resulting in disablement or death. The
Act appliestorailwayservantsandpersonsemployedinanysuchcapacityas isspecifiedinSchedule
II of the Act. The schedule II includes persons employed in factories, mines, plantations,
mechanically propelled vehicles, construction works and certain other hazardous occupations.
(ii) Types of Reward Systems
Answer:Rewards serve many purposes in organisations. They serve to build a better employment
deal, hold on to good employees and to reduce turnover.The principal goal is to increase people's
willingness to work in one’s company, to enhance their productivity.Most people assimilate
"rewards",withsalaryraise orbonuses,butthisisonlyone kindof reward,Extrinsic reward. Studies
proves that salespeople prefer pay raises because they feel frustrated by their inability to obtain
other rewards, but this behavior can be modified
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
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Mu0012 employee relations management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 ASSIGNMENT DRIVE SPRING 2016 PROGRAM MBA SEMESTER 3 SUBJECT CODE & NAME MU0012 – Employee Relations Management BK ID B1734 Credit & Marks 4 CREDIT, 60 MARKS Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Question.1. What do you understand by ERM? List out the importance of ERM? List the different levels of strategy in an Organization? Answer:Enterprise risk management (ERM or E.R.M.) in business includes the methods and processesusedbyorganizationstomanage risksand seize opportunitiesrelatedtothe achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society Question.2. Explain the types of organizational conflict? Briefly explain The Trait Theory and Managerial Grid Model. Answer:Since conflicthasbothpositiveaswell asnegative connotations and consequences, it must be looked into and managed for organizational benefit. Management must survey the situation to decide whether to stimulate conflict or to resolve it. Thomas and Schmidt have reported that managers spend up to twenty percent of their time in
  • 2. The Trait Theory and Managerial Grid Model:The trait model of leadership is based on the characteristics of many leaders - both successful and unsuccessful - and is used to predictleadershipeffectiveness.The resultinglistsof traitsare then compared to those of potential leaders to assess their likelihood of success or failure. Scholars taking the trait approach Question.3. What are the different types of organization discipline? Write down the steps followed in Common disciplinary procedures? Answer:Discipline is required for any activity where people work together toward a common objective. The opposite of discipline is anarchy, where each person does what he wants without concern for others. Any organization depends on group cooperation, and cooperation cannot be achieved without discipline. Discipline is the structure and order within an individual or within a groupthat allowsfortrue cooperation,real supportof the mission and the members of the team or organization. Question.4. Illustrate the points that is considered by the management while handling grievances? What do you understand by collective bargaining? What are the three levels inwhich collective bargaining operates? Answer:A collective bargainingagreementis the ultimate goal of the collective bargaining process. Typically, the agreement establishes wages, hours, promotions, benefits, and other employment termsas well asproceduresforhandlingdisputesarisingunderit.Because the collective bargaining agreementcannotaddresseveryworkplace issue that might arise in the future, unwritten customs and past practices, external law, and informal agreements are as important to the collective bargaining agreement as the written instrument itself. Question.5. What are the advantages and disadvantages of having Trade Unions? Describe trade unions in India. Answer:A trade union is an organization of workers who have banded together to achieve certain commongoalswhichisbasically "maintaining or improving the conditions of their employment".A trade union is a voluntary organization of workers pertaining to a particular trade, industry or a company and formed to promote and protect their interests and welfare by collective action.
  • 3. Question.6. Write a brief note on the following : (i) Workmen’s Compensation Act, 1923 Answer:The Workmen’s Compensation Act, 1923 provides for payment of compensation to workmen and their dependants in case of injury and accident (including certain occupational disease) arisingoutof andin the course of employment and resulting in disablement or death. The Act appliestorailwayservantsandpersonsemployedinanysuchcapacityas isspecifiedinSchedule II of the Act. The schedule II includes persons employed in factories, mines, plantations, mechanically propelled vehicles, construction works and certain other hazardous occupations. (ii) Types of Reward Systems Answer:Rewards serve many purposes in organisations. They serve to build a better employment deal, hold on to good employees and to reduce turnover.The principal goal is to increase people's willingness to work in one’s company, to enhance their productivity.Most people assimilate "rewards",withsalaryraise orbonuses,butthisisonlyone kindof reward,Extrinsic reward. Studies proves that salespeople prefer pay raises because they feel frustrated by their inability to obtain other rewards, but this behavior can be modified Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601