Mgt502 GDB solution

Mr. A and Mr. B did their graduations and got job in same organization. Mr. A is good at self monitoring. He often communicates his relationship with higher management to his peers. He also at times appreciate his immediate boss to good effect and behave very nicely, blindly get agree with boss.

He is considered as well mannered as he does apologize and admit responsibility for any undesirable event. He tries to influence his peers by referring his knowledge. On other hand, Mr. B is an introvert. He believes “actions speak louder than words” that’s why he doesn’t want to express that. He hates buttering though admires quality work. After completion of a year successfully at same organization, Mr. A got promotion while Mr. B was retained at same position. Looking at the above situation, what techniques has Mr. A adopted to get promotion apart from his job responsibilities?

SOLUTION:


Impression Management:

“A process by which people attempt to manage and control the perception other form of them.”

Mr. A is a high self-monitor and well at perceiving the situations and molding his behavior to fit each situation. He concentrates on behavior more than attitude because behavior refers to the “Do” part of the work that is “how you do your work” and how you get your work done”. Mr. A is an extrovert person who is full of energy and experience positive emotions. He tends to be more enthusiastic and action-oriented. He likes to talk in and enjoy being with people.

While,
Mr. B is an introvert person. He is reserved and don’t like to be socialize. His thoughts are directed inward. Because, he stresses on attitude rather than behavior.

Attitude is a “Feel” part of the work that relates to how you feel about your work and your approach towards work. He misrepresented himself among his colleagues and his image became false in their minds. That’s why he was discredited.

Mgt603 GDB Solution

Semester Fall 2010

“Strategic Management (MGT 603)”

This is to inform that Graded Discussion Board (GDB) will be opened according to the following schedule

Schedule:

Opening Date and Time: January 19,2011 At 12:01 AM

Closing Date and Time: January 21,2011 At 11:59 PM

Topic/Area for Discussion

“ Strategy Analysis and Choice ”

Note: The discussion question will be from the area/topic mentioned above. So start learning about the topic now.

SOLUTION

:

Mkt501 GDB Solution

GDB # 02

Dated: Jan 14, 11

Semester FALL 2010

Marketing Management (MKT501)

This is to inform that Graded Discussion Board (GDB) will be opened according to the following schedule.

Opening Date and Time: January 18,2011 At 12:00AM (Mid-Night)

Closing Date and Time: January 20, 2011 At 11:59 PM (Mid-Night)

Packeging/Labeling

How packaging can be made attractive to attract customers and beat the competitive products?

...............

SOLUTIONS:

Solution-1

Attractive packaging attracts the customers, beats the competitive products and increases successful sales. There are a variety of

ways to make packaging more appealing including appearance

(prettier), environmentally friendly, child-proof, and usability (can be reused for some other purpose). Decisions then must be made on specific elements of the package, such as size, shape, materials, color, text, and brand mark.

.............................
Solution-2

According to the publication "Private Label Buyer," studies show that packaging of products can increase customer satisfaction, increase visibility and set one product apart from its competition. In essence, packaging plays a pivotal role in the branding process of the product, attracting customers and providing customers what they're looking for when they take the product home.

...................
Solution-3

Product packaging plays a pivotal role in attracting customers. Package labels serve as forms of marketing and advertising. Packages communicate information to consumers which influence the decision-making process. The importance of packaging is magnified when the product is distributed to resellers. Packages have five functions: inform, contain, transport, display and protect. Most products require some form of packaging. Packaging can involve the design of a box or wrapper that contains a product.

..................
Solution-4

How packaging can be made attractive to attract customers and beat the competitive products?

One of the most critical roles for packaging is promoting products. In recent years, consumer advocates have argued that packages should contain more information on nutrition, unit costs, and contents. The labels on packages are important components of the overall marketing mix and can support advertising claims, establish brand identity, enhance name recognition, and optimize shelf space allocations. Most commercial packaging serves two basic functions: protecting the product from damage during shipping, and promoting the product to the ultimate consumer. Thus, packaging became a vital means of differentiating items and informing inundated consumers. Package design became a marketing science. Today, good package design is regarded as an essential part of successful business practice. Since many potential customers first notice a new product after it has arrived on the shelves of a store, it is vital that the packaging provide consumers with the information they need and motivate them to make a purchase. In addition, increasing number of consumers expect packaging to be recyclable and environmentally sensitive. In-store criteria require that packaging attract attention on the shelf, instill confidence in the buyer, identify the product or brand and differentiate it from the competition, communicate benefits and uses, and entice customers to actually purchase the item. Packaging must be designed in a way that will appeal to buyers. The four principal merchandising requirement areas are: apparent size, attention drawing power, impression of quality, and brand-name readability. Attention drawing power refers to the aesthetics and obtrusiveness of the package design. Depending on the product and the goals of the marketers, the package may be made to appear attractive, exciting, pure, soft, sexy, scary, intriguing, or to evoke some other emotion.

...............
Solution-5

Vibrant design and interesting packaging shapes can help a product stand out from others on the shelf. Packaging also provides companies with an opportunity to communicate directly with customers and let them know that the company truly understands them. The type of packaging and design used for new products can help attract attention, convey a brand message and express the brand personality.

Packaging can be made attractive through,
Choosing suitable colours
Convenient package sizes those are easy to carry
By using right and safe packaging material
By attractive package designs
By Safety labeling

And your product can beat competitive products because of packaging by,

Attracting the attention of customers
Better packaging then the competitor
Better packaging can also be a competitive advantage for your product
Packaging can be used to advertise your brand

..............
Solution-6

How packaging can be made attractive to attract customers and beat the competitive products? 2 Marks

Solution:-

1- Packaging can be made attractive to attract customers in the following ways:
2- It should provide a convenient way to handle and transport the product.
3- Package can be used to promote and provide information about the product.
4- Labeling is very important.
5- Distinctive Brand name.
6- Packaging should include advice on using the product.

STA301 GDB Solution

GMDB Dated: Jan 10, 11

Dear Students,

Graded MDB for STA301 will be opened on Jan 17, 2011 and will remain open till Jan 19, 2011. The topic of this GMDB will be.

“Suppose you read a published statement that the average amount of food consumption in this country is adequate; the overall conclusion based upon the statement is that everyone is properly fed. Criticize the conclusion in terms of the concept of variability as it relates to the use of averages.”.

Post your comments after inferring the above topic. Your comments should NOT exceed from 80-100 words. NOTE: Your comments MUST be posted with in due date and it will NEVER accept through e-mail.

Solution:

After World War 1 Germany experienced one of the history’s most speculator example of hyperinflation. The German government did not pay for the war by taxing people more heavily. Things got worse at the end of the war. A huge amount for damages (reimbursement) was demanded from Germany. The sum to be paid was fixed at £6,600,000 in 1921. Germany’s currency loses confidence of many foreigners because Germany was unable to pay for damages. German government has to face budget deficit because value of their currency decreased too much and they have to pay more in exchange for other currencies.

Mgt604 GDB Anounced

Semester “Fall 2010”

“Management of Financial Institutions (MGT 604)”

This is to inform that Graded Discussion Board (GDB) will be opened according to the following schedule

Schedule

Opening Date and Time :

January 19 , 2011At 12:01 A.M. (Mid-Night)

Closing Date and Time :

January 21 , 2011 At 11:59 P.M. (Mid-Night)

“Discussion Question”

State Bank of Pakistan has to implement contractionary monetary policy. Discuss how open market operation, one of important tools of monetary policy cab be used in contractionary monetary policy.