Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Related questions
Question
Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together.
Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager.
‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and
services. The price is good and they are willing to customize the stationary, with no additional cost to us. Anyway, Nicholas was always too busy to meet. I emailed him the contract and my teams thoughts on how we should proceed hoping he would read it.’ My team consists of the Accounts/Finance Manager, Inventory Manager, Legal Officer, Research & Development Manager, Public Relations Manager and I, and we meet at different times and days.
‘Anyway we, Nicholas and I, met with the supplier this morning. We are going through the contract, the next thing I know Nicholas says, ‘This won’t work for us. The cost is too high. Where did these calculations come from?’ ‘If the floor had opened up and swallowed me I could have not been more embarrassed. I mean I spent three weeks, working on it with the team Accounting, PR and Legal! Joseph shaking his head continued, ‘he just took over the conversation. I mean we got the contract signed but in the end all that happened was that the figures were rearranged we still end up paying the same.’ ‘I am tired of this nonesense. He stays locked in his office on his cell every day. Only God knows what he does in there.’
In your opinion, which leadership style (Coercive, Pacesetting, Affliative or Coaching) would be attributed to Nicholas and based on motivation theories state five traits of the chosen leadership style that would not motivate staff/.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by stepSolved in 3 steps
Knowledge Booster
Similar questions
- Management is a multifaceted discipline that involves planning, organizing, coordinating, and controlling resources to achieve organizational goals. Effective management is crucial for the success of any entity, whether it be a business, government agency, or non-profit organization. It encompasses the strategic decision-making process, the allocation of human and financial resources, and the implementation of policies and procedures. Skilled managers must possess strong leadership qualities, communication skills, and the ability to adapt to dynamic environments. The role of management is to steer an organization toward its objectives while ensuring efficiency, productivity, and the well-being of its employees. In a rapidly changing global landscape, the importance of agile and innovative management practices cannot be overstated. How can organizations foster a culture of adaptability and innovation within their management structures to thrive in the face of constant change?arrow_forwardAnne and Ed are disagreeing over the content of the employee manual of their new start-up. Anne wants to keep the content to a bare minimum or have no handbook at all because a lawyer friend of hers warned her that handbook are often misinterpreted and can create legal problems. Ed wants a comprehensive handbook with standardized rules and policies to prevent misunderstandings. Explain if you would side with Anne or Ed and whyarrow_forwardChoose three of Henry Mintzberg's particular management responsibilities (not his broad ones). Than Choose any organization with whom you have regular interactions. This organization might be your place of work (excluding public corporations), a local grocery, a church, a school, or any other form of store. Remember that prominent groups, such as public businesses, should not be considered for this activity. Next, identify an organization that you are familiar with and regularly watch. Identify and apply at least three particular roles related to one of Mintzberg's general roles. Finally, using Mintzberg's now-famous model, demonstrate it by presenting a true story about how a leader or leaders in this organization exemplify these specific positions.arrow_forward
- Effective management is crucial for the success of any organization, as it involves coordinating resources, people, and tasks to achieve specific goals. A skilled manager must possess a combination of leadership, communication, and decision-making skills to guide their team towards success. They must be able to delegate responsibilities, provide clear direction, and motivate their team members to perform at their best. Additionally, effective management Involves strategic planning, problem-solving, and the ability to adapt to changing circumstances. Ultimately, strong management is essential for maintaining productivity, fostering innovation, and driving overall organizational growth. Question: How do you think the role of technology has influenced modern management practices?arrow_forwardEffective management is crucial for the success of any organization, as it involves planning, organizing, and coordinating resources to achieve specific goals. A skilled manager must possess leadership qualities, communication skills, and the ability to make strategic decisions. In addition to overseeing daily operations, managers are responsible for fostering a positive work environment, motivating employees, and adapting to changes in the business landscape. Successful management also involves identifying and addressing challenges, fostering innovation, and ensuring that the organization remains competitive. By employing effective management practices, companies can enhance productivity, employee satisfaction, and overall organizational performance. Question: How do effective management practices contribute to fostering innovation within an organization, and what strategies can managers employ to adapt to changing business environments?arrow_forwardEvan found several companies he was particularly interested in applying to for work. They had similar values to Evan, including supporting work/life balance, and challenging projects in areas Evan was passionate about. Evan didn’t see any current job openings, so Evan looked on LinkedIn® for a current employee at the manager level. He prepared a cover letter, detailing the specific values that attracted him to the company as well as his skills and qualifications. He asked to connect with the manager through LinkedIn®. When the manager accepted his invitation, he reviewed the manager’s profile and made some adjustments to his cover letter, highlighting that they went to the same school and were part of the same nonprofit organization. He then sent his cover letter with his resume attached through email. How can you discover more information about prospective employers to use in your cover letter?arrow_forward
- You have just been appointed to head up the committee to plan the upcoming holiday party for your company, which employs around three hundred people. Susan, Mark, John, and Kathy have also been appointed to this committee. You have worked with Susan before and know that she will be a great worker. You have met Mark and Kathy, but do not know much about them. Unfortunately, you have heard that John can be difficult to work with. At any rate, you are really excited about planning this party and know that leading this committee will be a great opportunity to show your leadership skills. Based on this scenario and understanding of how to write internal e-mails, respond to the following: Create an e-mail draft to send to committee members about an initial meeting to discuss the party. In the e-mail, include any information that is appropriate to get everyone excited and on board to make this the best holiday party ever. Then, respond to the following: As this e-mail is being developed,…arrow_forwardBilly has worked for Meta Solution Sdn. Bhd. (MSSB) for five years, mainly in administrative positions. Three months ago, he was informed that he was being transferred to the firm's IT project management group. Billy was excited because he realized that project management was typically the career path to the top in the MSSB, and everyone had to demonstrate the ability to "get their feet wet" by successfully running projects. Billy had just left a meeting with his superior, Bob, who assigned him project management responsibilities for a new software development the company had successfully bid. It is now Week 14 of the project. The performance of the project is as summarized in TABLE Q2b. Report the progress of the project as at Week 14 using a Gantt Chart. Perform an analysis of the project status at Week 14 by using EVA.Use the CPI and SPI to determine project efficiency. Estimate the performance of the project at completion and propose suitable steps to enhance the overall…arrow_forwardJoseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each of them reports to a different senior manager. These managers report to the Managing Director. Once a month after payday you all try to have lunch together. Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas his manager. ‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time and we just needed to finalize the costing. We had reached an agreement about the cost both of us were comfortable with it. All week I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company they are fast, a good price point for us and willing to customize the stationary for such a small company. Anyway, Nicholas was always too busy to meet, I emailed him the contract and my…arrow_forward
- Write your response for each of the following scenarios on the lines provided. 1. You were not able to prepare for your graded report in Oral Communication. Mr. Reyes, then, calls you to go to the front and start your presentation. How are you going to explain your situation to your teacher? 2. Your cousin, Karl, calls you over the phone and tells you that he cannot help you in your errand because he needs to do something for his school project. What will you tell him to convince him to spare you a bit of his time and that you need him to buy the surprise birthday gift for your father? 3. You are about to start with your report which you have failed to prepare for when your mother calls you on your mobile phone. How are you going to respond to your mother? What will you tell her?arrow_forwardEffective management is crucial for ensuring the smooth operation and success of any organization. It involves planning, organizing, leading, and controlling resources to achieve specific goals and objectives. Good managers possess a diverse skill set, including leadership, communication, decision-making, and problem-solving skills. They play a pivotal role in motivating and empowering employees, fostering a positive work culture, and facilitating collaboration and innovation. Moreover, effective management involves adapting to change, identifying and mitigating risks, and continuously evaluating performance to drive improvement and achieve sustainable growth. Question: How can organizations develop and nurture effective management talent within their ranks to ensure long-term success and adaptability in today's rapidly evolving business landscape?arrow_forwardEffective management is crucial for the success of any organization. It involves coordinating resources, setting goals, making decisions, and leading people to achieve objectives efficiently and effectively Good management ensures that tasks are completed on time, resources are utilized optimally, and conflicts are resolved promptly. It requires strong leadership skills, clear communication, strategic thinking, and the ability to motivate and empower team members Without proper management, organizations can face chaos, inefficiency, and failure to meet objectives How does effective management contribute to the overall success of an organization?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill Education
Management (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning 
Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSON
Business Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSON
Fundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON