Most of the managers/leaders today got their positions after working their way up. Question 1 options: True False
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A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...
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- Q2. Explain any two leadership styles that according to you can be suitable for running a business organization successfully.Question 3: Participative leadership is the most effective leadership style. Comment justifying why you agree/disagree.CHOICE 1: Mark and Henry are colleagues working under the same section in a business company. Mark has served the company for more than twenty years, starting from the lowest position and working his way up steadily. He is very hard working and has a traditional mindset that believes hard work will always pay off one day. Henry, on the other hand, is a much younger employee who just joined the company a few weeks ago. Despite his inexperience, Henry is very talented. He entered the company as a fresh university graduate in business studies and was promoted to the same position as Mark within the few weeks since his entry into the company. Of course, when Mark heard about Henry's promotion, he was not happy to see someone so young and inexperienced to be promoted so quickly, whereas it took years for him to achieve his current position. Mark is still a bachelor, mainly because he is so hard working he has no time for a romantic relationship. He is always serious in his work, so his…
- Effective management is essential for the success of any organization, whether it's a small business, a multinational corporation, or a nonprofit. Management involves planning, organizing, leading, and controlling resources to achieve specific goals and objectives. It requires skills in decision-making, communication, delegation, and problem-solving. Without competent management, a company may struggle to allocate resources efficiently, adapt to changing circumstances, and motivate its employees to perform at their best. Question: What are some key challenges that managers face in today's rapidly changing business environment, and how can they address these challenges to ensure their organizations remain competitive and sustainable?Effective management is crucial in achieving organizational goals and maintaining productivity. It involves planning, organizing, and overseeing resources, tasks, and people to ensure that a company or team operates efficiently. Without proper management, chaos can ensue, and objectives may not be met. Question: What are some key principles or strategies for successful management in a rapidly changing business environment?Question 2: . What kind of leadership skills are needed to succeed in an industrial-age managerial position? What leadership skills are necessary for managers working in a modern corporate?
- 1.3 Discuss the roles of top management. Your discussion should include the responsibility, main function, time orientation and positions held by themsome disadvantages of the democratic leadership styleFred Starky Fred Starky worked his way upward in the NBY Company until he became assistant plant manager in the Illinois plant. Finally, his opportunity for a promotion came. The Houston plant was having difficulty meeting its budget and production quotas, so he was promoted to plant manager and transferred to the Houston plant with instructions to "straighten it out." Starky was ambitious and somewhat power-oriented. He believed that the best way to solve problems was to take control, make decisions, and use his authority to carry out his decisions. After preliminary study, he issued orders for each department to cut its budget 5 percent. A week later he instructed all departments to increase production 10 percent by the following month. He required several new reports and kept a close watch on operations. At the end of the second month he dismissed three supervisors who had failed to meet their production quotas. Five other supervisors resigned. Butterfield insisted that all rules…
- Richard L. Daft, Dorothy Marcic Understanding Management V2 10th Edition Question: The technique of stakeholder mapping lets managers classify which stakeholders they will consider more important and will invest more time to satisfy. Is it appropriate for management to define some stakeholders as more important than others? Should all stakeholders be considered equal?To motivate and lead employees to reach a 20% higher market share next year, management of a firm decided to give some monetary incentives to employees. Name of the management function: Reason:QUESTION 17 Which leadership style focuses on setting performance expectations and goals and providing feedback to followers? a. transformational b. passive C. authoritarian d. transactional