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- 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?Discuss how the four functions of management (Planning, organizing, leading and controlling) manifest in your life in general, and/or in your life as an engineering student in particular. Cite specific situation/s for each function.Startegic management is not effective without formulating long term objectives, and grand strategies. Discuss at least two strategies that managers can use to add value now and overtime for an organization.
- Choose the correct answer: 1. Which of the following processes is antithetical to the opposite of the strategic planning process? a. Rational decision-making b. Satisficing c. Entrepreneurship d. All of the above 2. Which management theory/perspective is MOST consistent with the use of a clan culture, normative control, and concertive control as control systems? A. Scienulic Management b. Human Relations c. Quantitative Management d. Weber s BureaucracyExplain, what are some common challenges organizations face in articulating and implementing their vision?what o the difference between core competence and business strategy must explain in detail
- The MBO technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods people use to achieve them (means). Discuss if it is/isn't a flaw in the technique or how managers apply it. How might a balanced emphasis on ends and means be achieved?In what multifaceted ways can the implementation of Management by Objectives (MBO) serve as a robust mechanism to not only establish and monitor organizational goals but also mitigate the risk of goal displacement, ensuring alignment with the overarching strategic vision and sustained performance excellence?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?
- briefly explain what strategy is and how it can help business leaders to focus on “the big picture.” Based on the knowledge of organizational culture, identify which aspects of culture within organizations are most critical to the development and execution of business strategy. Explain why.List and define each f the five major management functions. Why is planning considered the "first" function?Discuss how should we keep an organization aligned with changes in the environment? Support with THREE (3) relevant answers