Compare Peter Drucker’s principles with MBO (Management by Objectives). Do they have something in common? Are they complementary? Please, Explain
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Q: How would you describe the SMART principle?
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A: Goal setting includes the construction of an action plan created in order to stimulate and lead a…
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Q: Discuss in your view what the different between action plan and operating plan?
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Q: How do you think planning in today’s organizations compares to planning 25 years ago? Do you think…
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Q: Choose the correct answer: 1. Which of the following processes is antithetical to the opposite of…
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: How do you think planning in today’s organizations compares to planning 25 years ago? Do you think…
A: Planning is a management process, defining goals and objectives for a future direction and…
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A: The six points of strategy are as follows : 1. Direction : direction refers to the plans that need…
Q: 3a) Explain how a company's approach to planning and its mission can be translated into action…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: List the functions of management and exlain each in your own word List three management skills and…
A: Introduction- Management has been defined as a social process that entails the responsibility for…
Q: 35- Which one of the following is a step of planning? a. Analysis of employee behavior b. Analysis…
A: 35- Which one of the following is a step of planning? a. Analysis of employee behavior b. Analysis…
Q: Fatma always encourages her employees and gives gifts for the hard working employees. Which…
A: Answer is c) Directing The work of motivating employees can be accomplished through the…
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A: Strategic Management Strategic management refers to the actions and associated procedures that are…
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A: Since you have asked multiple questions we will solve the first question for you if you want any…
Q: Why is business plan important when planning a business?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Topic one: What do you know about the MBO (management by objective) system? In what way, do you…
A: MBO is a crucial part of each organization.MBO helps an association in defining various objectives…
Q: Although ‘planning’ seems to take a lot of efforts, why is it so important for managers to plan? Why…
A: Planning is the way toward pondering and coordinating the exercises needed to accomplish an ideal…
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Q: Contrast the planning to top managers do with that done by supervisors?
A: Management Managerial functions refer to the four basic elements or basic functions of management.…
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Q: What do you expect to be the biggest obstacle to operationalize the plan through different business…
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Q: Which of the following statements is correct regarding planning function?
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Q: Solve the attachment
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Q: How important is planning to organization managers?
A: As per the guidelines, we need to answer the only the first question at a time. Please resubmit your…
Q: How do you compare, strategic, tactical and operational planing
A: Ans. Strategic, tactical and operational plans are coordinated game-plans planned to accomplish a…
Q: A business plan is like the backbone for any business. Explain
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4. Compare Peter Drucker’s principles with MBO (Management by Objectives). Do they have something in common?
Are they complementary? Please, Explain
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.The Theory Z management is combination of Theory X and Y management. How is this so? Explain how Theory Z differs from both and when it may be appropriate to implement. short answer please1. What are the 5 Functions of Management? 2. What will happen if these functions will be mismanaged? 3. How important is managing of these functions of management? 4. How a manager should manage these functions?
- Four Ms (Manpower, Method, Machine, Materials) a. Do you think these four Ms should be part of the plan in having a business? Justify your answer. b. Do you think the four Ms are necessary to the success of management inany business? Explain very briefly.1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.4- Which of the following are the most important management skills according to Mintzberg? a. Technical, behavioral and conceptual b. Technical, human and conceptual c. Systematic, human and conceptual d. Technical, human and cognitive
- Management involves the four basic functions. These management activities are interrelated with each other. However, management functions do not usually occur in a tidy, step-by-step fashion. Therefore, among four management functions, discuss with the help of an example that which activity maintain managerial effectiveness by serving as guides for future activities and how? Moreover, do you think this activity help managers know how to allocate their time and resources? If yes, justify your answer with the help of an example.5- Which is the third function of management? a. Planning b. Staffing c. Directing d. Controlling16- Which level of management is responsible for establishing a vision for the organization developing broad plans and strategies, and directing subordinate managers? a. First level managers b. Second level management c. Top level management d. Middle level management
- The text defines management as “The art of getting things done through the efforts of other people" (Carpenter et. al., 2010, para 3). Put yourself in the shoes of a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.Mangement Effective management is crucial for the success of any organization, as it involves planning, organizing, leading, and controlling resources to achieve the organization's goals. How can organizations improve their management practices to ensure long-term success?8- Which one is included in Directing function of management? a. Identification of deviations b. Activating people c. Job analysis d. Courses of action