What are the various environmental factors that a manager should consider in an organization? Discuss each with appropriate examples     Q2- Explain the concept of functional authority. How do you delegate it ?    Q3-With the availability of advanced information technology that allows an organization's work to be done anywhere, anytime; is organizing still an important management function? Why or why not?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Q1- What are the various environmental factors that a manager should consider in an organization? Discuss each with appropriate examples  

 

Q2- Explain the concept of functional authority. How do you delegate it ? 

 

Q3-With the availability of advanced information technology that allows an organization's work to be done anywhere, anytime; is organizing still an important management function? Why or why not? 

 

Q4- “Too many managers today have forgotten that work should be inspiring and fun and are too out of touch with what makes people productive”. How would you respond to this assertion? 

 

Q5- What are the steps of effective decision making? Is there a difference between wrong decisions and bad decisions? Why do good managers sometimes make wrong decisions? Bad decisions? How can managers improve their decision making skills?

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