Most young people find greater opportunities to move into responsible management positions in large businesses than in small businesses True or false
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- Story: Larry wanted Michael to take over the firm so that Larry could focus on his favorite part of the business, which was redesigning the car and inventing new products. Michael agreed to help his father, and had visions of making the company a self-managed organization where workers had as much control as possible. Michael knew that he and his father had different visions for how Westward should be managed. Larry was an entrepreneur who liked to invent things, but he did not like paperwork. He was always tinkering with the car, improving it because he enjoyed responding to customer feedback. For him, the best way to grow Westward was by improving the design of its product. It was his company, his car, and he called the shots. There were few written policies, and a very limited paper trail. Inventory and parts were especially problematic, and often the assembly line had to wait for a rush-order of missing parts. Westward’s employees were happy that the firm was going to be managed…As an entrepreneur who is starting a business, how would you use good organizational skills to make the process run more smoothly?Effective management means working towards..... A. Efficiency B. Attaining low staff attrition C. Attaining high sales and profit D. Attaining organizational goals
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