A floor manager of a mall is a very good manager as he utilizes all the functions of management to minimize cost of maintenance of his area. He directs all the staff members under him to follow the targets and advises them to put their efforts in the direction of achievement of these targets. Under his guidance the employees admit that they learn a lot and are able to meet their targets. This has led to the increase in their salaries. Identify the importance of management highlighted above.
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A floor manager of a mall is a very good manager as he utilizes all the functions of
management to minimize cost of maintenance of his area. He directs all the staff
members under him to follow the targets and advises them to put their efforts in the
direction of achievement of these targets. Under his guidance the employees admit that
they learn a lot and are able to meet their targets. This has led to the increase in their
salaries. Identify the importance of management highlighted above.
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.33 John has recently joined UNITED AIRLINES. He found that his department was under-staffed and other departments were not cooperating with his department for smooth functioning of the organization. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved. Identify the level of management at which JOHN was working. Mention 2 functions of this level of management. * K Enter your answerCompensation; Strategy; Market Value Jackson Supply Company is a publicly owned firm thatserves the medical supply needs of hospitals and large medical practices in six southeastern states.The firm has grown significantly in recent years as the areas it serves have grown. Jackson hasfocused on customer service and has developed an excellent reputation for speed of delivery andoverall quality of service. The company ensures that customer service is each manager’s main focusby making it count for 50% of the management bonus. The firm measures specific indicators of customer service monthly; progress toward these measures as well as others is used to determine eachmanager’s bonus. In the past several months, top management has noticed that although most managers are meeting or exceeding their customer service goals and receiving bonuses accordingly, thefirm’s stock price has been lagging while competitive firms’ stock prices have been rising steadily.Required What are the two most likely…
- Kindly draft at least 5 SMART Work Objectives from the following below. 1. Perform the Human Resource Administrative functions for the department. Monitor Staff Attendance and update leave register weekly. 2. File and Register Deeds, Power of Attorney and Bills of Sale within one day of presentation. 3. Examine Birth, Death and Marriage Certificates within the work day period ensuring 99% accuracy. 4. Maintain Office Stores - perform monthly stock check and ensure that adequate stock is available at all times. Update Assets Register after each purchase of equipment. 5. Provide Support to the Accounting Processes - certify invoices and approve local purchase orders with 100% accuracy.It is your first six months at your new job as an HR assistant at Groceries for You, a home delivery grocery service. When you ask the HR director, Chang, about performance evaluations, he just rolls his eyes and tells you to schedule a meeting in his Outlook calendar to discuss them. In the meantime, you gather some data that might be helpful in your discussion with Chang. Number of managers 4 Number of employees 82 The average span of control Delivery—38 Warehouse—24 Marketing/technology—16 Job types11—customer service1—delivery manager1—warehouse manager1—marketing and technology manager38—delivery drivers24—warehouse workers1—tech support5—marketing and website design When you meet, Chang is very forward with you about the current process. “Right now, managers groan when they are told they need to complete evaluations. The evaluations are general—we use the same form for all jobs in the organization. It appears that promotion decisions are not based on the…It is your first six months at your new job as an HR assistant at Groceries for You, a home delivery grocery service. When you ask the HR director, Chang, about performance evaluations, he just rolls his eyes and tells you to schedule a meeting in his Outlook calendar to discuss them. In the meantime, you gather some data that might be helpful in your discussion with Chang. Number of managers 4 Number of employees 82 Average span of control Delivery—38 Warehouse—24 Marketing/technology—16 Job types 11—customer service 1—delivery manager 1—warehouse manager 1—marketing and technology manager 38—delivery drivers 24—warehouse workers 1—tech support 5—marketing and website design When you meet, Chang is very forward with you about the current process. “Right now, managers groan when they are told they need to complete evaluations. The evaluations are general—we use the same form for all jobs in the organization. It appears that promotion decisions are…
- Provie a tool of Management Science similar to line balancing tool and provode the advantages and disadvantages of using that tool.Explain the control process that Defy’s management need to use to ensure that resources are meaningfully deployed so that the mission and objectives of the organisation can be achieved.1. Explain why the author believes it is advantageous to hire employees rather than use a staffing agency. A 5 pound box of shrimp cost $49.99. There are 16 pieces of shrimp per pound. Answer the following questions. 2. How much does each piece of shrimp weigh? Show your calculations. 3. How much does each piece of shrimp cost? Show your work. 4. If you are running a 25% food cost, how much would you charge to sell each piece of shrimp? 5. How many pieces of shrimp are in the box? 6. What is your potential profit, excluding everything else, by selling % the box of shrimp? 7. What is your potential profit, excluding everything else, by selling the entire box of shrimp?
- 10. Bochie's samgyupsal restaurant is now experiencing low sales because it is rainy season and he don't know what action to do. What do you think he should do in the first place to prevent this problem? A. He should use benchmarking in order to compare his business to other businesses B. He should include his subordinates in planning to resolve the issue. C. He should have contingency offerings in his restaurants that is suitable to the rainy weather. D. He should list the activities that he must accomplish in order to achieve his objectives.(I)briefly explain the 5 management process groups. (Ii) explain the precedence diagram1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.