1. Views of management have changed over the past century. This is true, in the past times the management tires to gain profit and tries to make successful business, but now as the competition increases and with the advancement of the technology, the management wants to expand their business, the management wanted to enter into new field and wants to maximize the business, also as a result new and updated technology being developed. 2. The tasks, roles, skills, responsibility of professional manager are:
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- RESOLVING ETHICAL BUSINESS CHALLANGES : QUESTIONS • EXERCISES1. Identify the ethical and legal issues ofwhich Albert needs to be aware.2. Discuss the advantages anddisadvantages of each decision thatAlbert could make and has made.3. Identify the pressures that havebrought about these issues.12) According to Agency Theory, why do mangers want to diversify? a) To increase risk b) To expand the empire the manager’s control c) To decrease revenue d) A and B e) A and B and C1.Identify two business benefits of IT/IS alignment. 2. why improved collaboration could yield strategic advantages for theretailer
- Tell Me Only Option not Explan 1. The SWOT approach assesses an organization's 1. Speed, Wants, Order, Timing 2. Structure, Workforce, Organization, Types 3. Strengths, Weaknesses, Opportunities, Threats. 4. Signs, Worries, Objectives, Techniques 2.Fedrick Winslow Taylor’s Mechanism of Scientific Management includes (A) Scientific task setting (B) planning the task (C) standardization of tools and equipment (D) All of the above Option 5 3. Which title is given to an individual who is in charge of and coordinates the activities of a group of employees engaged in related activities within a unit of an organization? manager employee vender contractor 4.Which of the following is one of Mintzberg's interpersonal roles a.Entrepreneur b. Disseminator c. Liaison d. Monitor 5.Organizational objectives can be achieved by (A) Group work (B) Division of labour (C) Hierarchy of authority (D) All of the aboveayout Mag c Aab AaB Act Fot Answer All Questions 1. Define and edeplain the term management? Discuss the roles of a manager according to Mintzberg and explain the skills needed by a manager in executing his or her role. 2. Management has evolved through four stages, state these stages and explain the contribution of Mary Parker Follet, Chester Barnard and Max weber to the management of institution. 3. What is a decision and What are the various steps to be followed in the decision-making process, are there challenges to decision making and how can these be addressed? 4. A business environment is needed for development of business, explain? micro and macro environment and their factors and how they affect organizationsExplain how your management and operational process, within the business, willb Be innovative?
- EXPLAIN DIFFERENT TYPES AND PURPOSES OFORGANISATIONS; PUBLIC, PRIVATE ANDVOLUNTARY SECTORS AND LEGAL STRUCTURES.P2 EXPLAIN THE SIZE AND SCOPE OF A RANGE OFDIFFERENT TYPES OF ORGANISATIONS. M1 ANALYSE HOW THE STRUCTURE, SIZE ANDSCOPE OF DIFFERENT ORGANISATIONS LINK TO THEBUSINESS OBJECTIVES AND PRODUCT AND SERVICES OFFERED BY THEORGANISATION. LO2 DEMONSTRATE THE INTERRELATIONSHIP OF THE VARIOUS FUNCTIONS WITHIN AN ORGANISATIONAND HOW THEY LINK TO ORGANISATIONAL STRUCTUREP3 EXPLAIN THE RELATIONSHIP BETWEENDIFFERENT ORGANISATIONAL FUNCTIONS ANDHOW THEY LINK TO ORGANISATIONAL OBJECTIVESAND STRUCTURE. M2 ANALYSE THE ADVANTAGES ANDDISADVANTAGES OF INTERRELATIONSHIPSBETWEEN ORGANISATIONAL FUNCTIONS AND THEIMPACT THAT CAN HAVE UPON ORGANISATIONALSTRUCTURE. LO3 USE CONTEMPORARY EXAMPLES TO DEMONSTRATE BOTH THE POSITIVE AND NEGATIVEINFLUENCE/IMPACT THE MACRO ENVIRONMENT HAS ON BUSINESS OPERATIONS Investigate and explain the different types of organisations in terms of the following features:a)…From an institution-based view, whatshould firms do to better prepare forthe two scenarios? (HINT: For example,if they believe in "continued globalization," they may be more interested in lobbying for reduced tradebarriers. But if they believe in "de-globalization," they may lobby for higher trade barriers.)Speculate on Square’s future. What current and future trends may further shape the company?
- Why does strategic management matter? Explain.What do you see as the future of movie rentals, givenon-demand cable access, video streaming on the Web, andother new technologies? How does a company prepare itselfto adapt to these new environments?Mr. John Francois, the owner of John Francois Stores has been operating asuccessful business since 1977. However, he is not fully aware of whatstrategic management and planning entails. As a trust worthy employee, Mr.Francois has asked you to host a weekend retreat with him, his familymembers, and selected members of staff so that you can advise them aboutwhat strategic management and planning entails as well as how important itis for the organization to engage in strategic management and planning.What would you say to the members present at the retreat so that they canhave a very good understanding of what strategic management and planningentails, and why they should engage in the process so as to maintain thecompetitive advantage of John Francois Stores?