MGT501 - Human Resource Management

Total Marks 3 Starting Date Tuesday, June 02, 2020 Closing Date Monday, June 08, 2020 Status Open Question Title Workforce Diversity Question Description Human Resource Management (MGT501) Spring 2020 Graded Discussion Board No. 1 Due Date: 8 June, 2020 Total Marks: 03 Topic: Workforce Diversity. NOTE: There is no grace period in case of GDB Scenario A private sector bank which operated at a limited level in Pakistan, acquired a large local private sector bank, this resulted in extensive organizational growth in terms of number of branches and profitability. Both banks had different organizational cultures first one dominated with a team-based culture, and second one having a typical beaurocratic culture of government organizations. Here, different ethnical groups, older workers, cultural differences, gender and education are the sources of workforce diversity. Keeping in view the above scenario, discuss how work force diversity can be considered as an asset for the new setup? Furthermore, enlist two major challenges which bank has to face now. Explain each point with sound arguments. Student’s Guide Keep your discussion with the mentioned scenario and irrelevant answers and material will not be graded. Be careful from those blogs who are promoting cheating culture among our students and killing their creativity and critical thinking. Answers copied from such blogs will be straightaway marked as zero. Similarly, any relevant or irrelevant material copied from internet sources will get the same treatment. It can seriously damage your grades. Note: For acquiring the relevant knowledge, do not rely only on handouts but also watch the course video lectures and read additional material available online or in any other mode. Important Instructions: Your discussion must be based on logical facts. The GDB will open and close on above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB. Use the font style “Times New Roman” and font size “12”. Your answer should be relevant to the topic i.e. clear and concise. Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course. Books, websites and other reading material may be consulted before posting your comments; but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0) even if you provide references. You should post your answer on the Graded Discussion Board (GDB), not on the Moderated Discussion Board (MDB). Both will run parallel to each other during the time specified above. Therefore, due care will be needed. Obnoxious or ignoble answer should be strictly avoided. You cannot participate in the discussion after the due date via email. Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over. For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the course website on VU-LMS. Note: Please be proactive Dear students! As you know that Pre Mid-Term semester activities have started and circumstances are quite unpredictable in current scenario. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.

Following are the intrinsic rewards EXCEPT: MGT501 Good food Which of the following area is NOT included in Human Resource Development? MGT501 Orientatioan Which is NOT important for effective utilization of resources that are to be spent on training and development program? MGT501 Which of the following best describes the difference between training and development? MGT501 Training is used for current and Development for future A planning approach that carries an inbuilt feature of review at different steps during the execution of the plan is called: MGT501\ MBO Assessing interests, seeking out career information and utilizing development opportunities are all part of the _____’s role in career development. MGT501 Individual Monetary rewards offered to individuals involved in administration of the organization are termed as: MGT501 All of above (salary , bonuses etc.) Which of the following measurement method rates employee performance relative to other employees? MGT501 Comparative Method Which method is not very useful when jobs are very different from each other? MGT501 Which one of the following is NOT advantage of critical incident method for performance appraisal? MGT501