Question (1): Answer the following question:. You are one of the top -level managers and is responsible for planning and setting the business strategy in the organization. When it came to the core advantage, you had to make a decision about the suitable core competency for your organization. From what you learned about core competencies, Choose one competency and explain in details, why is it suitable for your organisation in the marketplace ?
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- Question One: In this question assume that you have been newly recruited as the general manager of an international organization that produces a big range of products and services like MTN. And so you should answer this question according to you as the general manager. a. Describe the term Management and give practical example of how management is different from leadership. b. Compare and contrast the three branches of the Classical theory of management including (Scientific management, Administrative management and Bureaucratic management). Question Two: a. Justify the importance of linking i). Authority ii). Responsibility and iii). Accountability. 6marks b. distinguish between efficiency and effectiveness in management.Scenario Wells Fargo has been up and running for almost a year now. You and your team are beginning to encounter some growing pains within the division. It is time to create some standardization among your leadership team. Question 1 What are the two primary leadership styles you feel would be most effective for the leaders in your organization to demonstrate and why? Question 2 Name and describe the top three behavioral expectations/competencies you feel are most impactful for your division and why. How will you set expectations around the competencies? Question 3 How will you help build team cohesion among the leaders in your division? What specific opportunities will you provide to help them grow as a team? Question 4 Describe the culture and ethical values you want in your division to uphold. Explain how these will impact your strategies and goalsQUESTION 2 Which level of management is responsible for establishing a vision for the organization, developing broad plans and strategies, and directing subordinate managers? A. Top level management B. Middle level management C. First line management D. Lower-level management
- Question 1 Imagine that you’re taking this program to prepare for an expected change that will take place within your organization in the near future. You complete the program and return with a deeper understanding of how to strategically manage change. You first propose that all the organization’s employees partake in the exploration–exploitation survey. 1.1 What is the difference between explorers and exploiters in the context of an organization’s strategy? (Max. 100 words) Start writing here: 1.2 Explain to your CEO how the strategy–structure plot can be used as a motivator for change. (Max. 100 words). Start writing here:.Question After the analysis of your company Apple Inc , please write the following sections in report form: 1. Describe the role of different managers in terms of 9 role such as Liaison, Figurehead, leader etcQuestion 1 The three categories of Mintzberg's managerial roles are Select one: a. interpersonal, informational, and decisional. b. planning, organizing, and leading c. entrepreneur, disturbance handler, and negotiator. d. monitor, disseminator, and spokesperson. Question 2 Which level of management is responsible for implementing the directives of senior executives? Select one: a. Tactical managers b. Strategic managers c. Day-to-day supervisors d. Operational managers Question 3 All of the following are characteristics of Weber's Theory of Bureaucracy except Select one: a. Rationality b. Environmental Analysis c. Officials d. Uniformity Question 4 All of the following are functions of management except Select one: a. Controlling b. Leading c. Financing d. Planning Question 5 Which of the following is not a role of management. Select one: a. Technical b. Tactical c. Operational d. Strategic Question 6 The classical…
- Question Please answer the question with accurate explanations and examples as per the question. Good business leaders create a vision, articulate the vision, passionately ownthe vision, and relentlessly drive it to completion. Discuss how often shouldan organisation’s vision/mission be changed in light of strategy evaluationactivities. (CLO 2 : Formulate the organisational vision, mission, goals and objectives of theorganisation)Question 1( a): Entrepreneurs are necessary evils in the contemporary world. Discuss. ( b): Strategic Management is of great significance to the survival of any organization. Explain how true the above statement is with examples.NEW YORK (January 25, 2017)—Falling behind is not an option for companies. Yet continued success and growth is becoming increasingly difficult. In fact, according to a new report by Forbes Insights, in association with Gap International, "Challenge or Be Challenged: How to Succeed in Today’s Business Environment," 95% of top executives believe business is not as usual and 90% do not think the current environment is business-friendly. These sentiments persist in the aftermath of a contentious election and a now uncertain political climate. The report, which is based on a survey of 400 global CEOs, COOs, presidents and managing directors, also finds that this demanding and shifting business environment requires a change in how leaders think and act. Old ways may no longer work. While change isn’t easy, executives who continually reframe their mindset and innovate are best set up to thrive and grow. “The pace of change keeps accelerating,” says Bruce Rogers, Chief Insights Officer at…
- Question 4 When implementing a strategy at an organization with a flat structure, what can you do to identify the advice network? (multiple choice A.Analyze interactions among people on IT platforms such as Slack, Yammer, e-mail or chat, keeping in mind that this may not uncover the entire network b.Closely study the organizational chart, as in flat organizations advice networks typically look similar to the organizational chart c.Run surveys to ask people directly who turns to whom for advice d. Pay attention to employees who frequently talk to each other by the water coolerWhat strategy would you recommend for a small-sized company entering a highly segmented market, each segment with a complex set of needs and spending power? Question B: Imagine that you are the manager of a housekeeping service. Specifically describe how you would use the concepts of (1) scope of the firm, (2) horizontal integration, and (3) vertical integration to build and achieve a competitive advantage over rival housekeeping services.Question 3 Read the following case-based extract regarding Amazon and answer the questions that follow. Amazon Ever since Amazon went online in 1995, the e-commerce juggernaut has undergone a slew of changes – despite being led by the same man, Jeff Bezos, during the ensuing two-plus decades. When the Seattle-based company first launched its website, all it sold was books. Gradually, Bezos and his team expanded Amazon’s offerings to include things like CDs and DVDs. But Amazon never really stopped changing the inventory it sold. 18; 19; 20 2020 © The Independent Institute of Education (Pty) Ltd 2020 Page 7 of 8 Bezos said he wanted his store to become the world’s largest, so he worked hard toward meeting that goal – whether that meant offering new products, launching Amazon Prime, launching Amazon Instant Video ... the list goes on and on. Today, Amazon sells more than 200 million products to customers all over the world. Though for years, Amazon’s detractors insisted that the company…