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- The management process involves the following four functions:a. Planning - setting your goals and objectives, and identifying strategies to achieve themb. Organizing - creating a framework and system on how your goals and objectives will be achievedc. Leading - influencing other people to participate in the achievement of your goals and objectivesd. Controlling - measuring and evaluating the extent of the achievement of your goals and objectivesDiscuss how the four functions of management manifest in life in general.Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.1. What three (3) personal values should a manager possess to improve the organization's success in achieving/fulfilling its primary purpose? 2. Assumptions are used by management methods such as the Logical Framework Approach (LFA), Cost-Benefit Analysis, and Cost-Effectiveness Analysis to provide inputs for managerial decisions and actions. What is the logic of employing an assumption in coming up with or creating inputs for management decisions and actions, given that it is not guaranteed to hold? Is there any way to avoid making assumptions?
- #Management #Management_Information_System #business_problem #Diagnosea_business_problem #ComputerScience Q. How is the problem description different for a business casecompared to an actual business problem?1. Which management function is responsible for the filling up of the different job positions in the organization’s structure. 2. It is a management function that focuses on the assigning of tasks, setting apart of funds, and bringing harmonious relations among the individuals and work group/teams in the organization. 3. It is about the influencin/motivating of others to do their best so that their work efforts results in the achievement of organizational goals. 4. The last function in the sequence, which culminates in the attainment of organization objective, is. 5. Which of the following management functions are closely related?Chapter 24 1. Explain how a situational analysis supports an organizations strategic planning. Include the four components of the SWOT analysis. Chapter 25 2. Explain the differences between organizational, marketing, and financial analysis segments in a business pan. Chapter 26 3. Describe the elements of a successful health system. Chapter 27 4. Explain the manager's challenges in regards to quality measure implementations. Chapter 28 5. Describe the MIPS Payment Structure Chapter 29 6. Define and provide an example of standardized data. Chapter 30 7. Explain the costs of lost productivity due to ICD-10 implementation.
- 33. Who is the mastermind in I, Pencil? a. A central planning agency b. No single person c. The King d. The pencil manufacturerFirm size, industry competition, CEO power and discretion and the level of stress a a CEO's job entails are factors in determining what? Select one: a. How large a board of directors an organization must have b. Whether an organization can function internationally c. A CEO's compensation package d. Employees' level of job satisfaction and overall feeling of internal support of their supervisorsThe strategic management process is: a. A decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. b. The full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. c. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. A set of activities that will assure a temporary advantage and average returns forthe firm.
- (a) Explain briefly the Business Pressures-Responses-Support model. (b) Distinguish between structured and unstructured problems. (c) Complete the following with suitable type of decision and managerial level. TABLE Q1(c) Activities/ tasks Type of decision Managerial level i. Introduce a new product line ii. Calculate gross pay for hourly workers iii. Approve a capital budgetWhich among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.04-U1D1 – What are the strengths and Weakness of the Administrative Managment Outline the major aspects of an organizational theory of your choice within the parameters set forth below Evaluate the strengths and weaknesses of the theory Use scholarly sources to build argument and to support your statements Administrative Management School · The Administrative Management School sought to develop âprinciples of administrationâ that would provide guidelines for effective organization in all types of organizations The principles tended to emphasize specialization and hierarchical control: · Division of Work Work must be divided among units on the basis of task requirements, geographic location, or interdependency in the work process · Coordination of Work Work units must be coordinated back together, through other principles: à Span of Control A supervisor’s âspan of…