Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
Which of the administrative functions do you consider the most important for the achievement of organizational goals?
you should:
Identify the different types of managers that exist by levels.
Mention and briefly explain all the administrative functions that make up the management process.
Justify your answer with an example.
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- Management is the art and science of coordinating resources, both human and material, to achieve organizational goals effectively and efficiently it encompasses various functions such as planning, organizing, leading, and controlling. Effective management involves setting clear objectives, devising strategies to achieve those objectives, organizing resources efficiently, motivating employees, and ensuring that tasks are completed according to plan, It plays a crucial role in optimizing productivity, minimizing costs, and maximizing profits for businesses. Moreover, management is not limited to businesses, it is also essential in various other fields such as healthcare, education, government, and non-profit organizations. Question: How do modern technological advancements impact the traditional methods of management, and what are the key strategies managers can employ to adapt to these changes effectively?arrow_forwardThe effectiveness of an organisation is influenced by the organisational culture. Which affects the way the management functions in terms of planning, staffing, leading, and controlling are carried out.With reference to the above statement, discuss the importance of culture within the business environment. Provide the relevant examples.arrow_forward5. Explain organizational effectiveness. What are its criteria?arrow_forward
- From your reading in Winston, "The Big Pivot," what are the basic principles of the "big pivot?" How does the "big pivot" differ from traditional and green organizational strategies? And, what are the major barriers to the implementation of "the big pivot?"arrow_forward1.List and describe two key organizing considerations that help determine the best organizational structure for a business.2.Describe the three key steps in the control process.Noted psychologist Abraham Maslow theorized that _______ motivated people.money, more money, and even more moneytime pressuresunmet needsgreedQuestion2 of 15Blaine manages the tellers at a branch of Commerce Bank. He is working on the schedule for cashier coverage on payday this Friday. Blaine is involved in _____ planning.strategictacticaloperationalcontingencyQuestion3 of 15_____ is the management function that monitors the performance of the firm and makes improvements when necessary.PlanningLeadingOrganizingControllingQuestion4 of 15The business division academic dean at Bell Valley College has two faculty positions to fill. She will ask other faculty members to serve on a hiring committee. This committee will be responsible for interviewing candidates and making hiring recommendations to the dean. The dean…arrow_forwardOrganizations today strive to be more strategic in nature than they have been in the past. How can a performance management system encourage long-term and strategic thinking rather than short-term or tactical thinking? Provide a personal exarrow_forward
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