Which management approach views an organization as one system in a series of subsystems and that each subsystem is a component of the whole and thus is interdependent with other subsystems?
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- 1. Why are policies important? 2. How can managers effectively implement policies within an organization? 3. What is decision making? 4. Explain the different types of decisions and give an example for each type.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?
- .H ow do successful managers navigate the complexities of balancing short-term objectives with long-term strategic goals to ensure sustained organizational success?Please avoid plagiarism.. Examine the significance of Mintzberg's managerial roles in the context of aligning the Management Development Programme with organizational strategy and in defining the anticipated roles and responsibilities of future managers within the organization.30) What one of the following is considered as a dimension of organizational structure instead of a determinant of organizational structure? Strategy Organization size Centralization Environment 32) Forces for change include: Technology All of the given options Competitive environment Social trends 33) Rational decision-making approach ideally implies ______ decisions. Programmed Non-programmed Rational Non-rational 34) What one of the following is considered as a determinant of organizational structure instead of a dimension of organizational structure? Organizational strategy Centralization Formalization Complexity
- 5 - What is the name given to the concentration of decision-making authority at the upper levels of the hierarchy in organizations? A) SpecializationB) StandardizationC) CentralizationD) bureaucratizationE) FormalizationEffective management is crucial for the success of any organization, as it involves coordinating resources, people, and processes to achieve specific goals efficiently and effectively Managers are tasked with various responsibilities, including planning, organizing, leading, and controlling They must possess strong communication skills, decision-making abilities, and leadership qualities to motivate and guide their teams toward desired outcomes. Additionally, effective managers must adapt to changing environments, anticipato challenges, and implement strategies to address them proactively Question: How does effective communication contribute to the success of management within an organization?MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!
- 1.2. not, why? Give an example of how an AIS can improve decision making, and describe the multi- step activities involved in the process.1)What is an organization and why are managers important to an organization’s success? 2)In today’s environment,which is more important to organizations _ efficiency or effectiveness?Explain your choiceSECI Model example in a picture below knowledge management models. 1.find an organisation which has adopted any knowledge management model Analyse the ways in which the organisation has implemented that specific knowledge management model. Enter the type of knowledge management model (other than SECI) that you know off Briefly explain why you selected that particular model; Compare the model you selected to the SECI model; State which knowledge management model you would recommend to the organisation for which you work. Acknowledge all sources appropriately.