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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?Answer these ten multiple choice questions: Question 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.…Yellowstone: Human Resource Management StrategyYellowstone finally came up with a novel solution that was consistent with Yellowstone’sphilosophy of building on its internal resources. Aware that declining growth is often a signal ofcomplacency that can go unnoticed by people close to the situation, it decided to bring together ateam of Asian managers who would visit and examine Yellowstone’s operations in the UK. AsYellowstone in-siders, they would be familiar with the company’s mission, values, processes, andprocedures and thus would be able to feel at home in the store context; as outsiders in the UK, theycould see things differently from the British managers, thereby bringing valuable home-countryinsights and sharing best practices that had evolved in their local markets. The project, “TheEssence of Yellowstone,” had a two-pronged strategic purpose: (1) to determine what was andwasn’t working by conducting a health-check of Yellowstone UK’s current corporate state; and(2) to…
- Scenario: Laderach Chocolatier (LC) wishes to expand its product line to include bittersweet chocolate. To achieve this it brings together a team of people from across its company, including marketing, finance, manufacturing and chemical analysis departments. What type of team is this? 2.Discuss one potential challenge working with this team, and as a leader how would you address the challenge to ensure success?Q- Assuming that external events have triggered change processes at FIFA, how would you classify events in a PEST framework? The governing body for world football, FIFA, reached a contentious decision in 2010 to hold the World Cup in Qatar in 2022. In the final round of voting, 14 votes went to Qatar and 8 to the USA. Qatar has no tradition of football, littleb football infrastructure and summer temperatures too severe for competitive high- quality football. Furthermore, before reaching its decision, FIFA's executive committee (exco) was briefed that Qatar was at a high risk of terrorist attack. Investigative journalism in 2014 raised some serious concerns about the processes leading up to the Qatar decision. At the centre of the concerns were claims of bribery and corruption. Allegations were made that substantial sums of money, valuable gifts and junkets made their way from Qatar… Afew days before the presidential ballot was due, BH was summoned to appear before FIFA's ethics…IV. Given the transformation agenda at GBC, carefully justify what structural organizational design will be appropriate for future GBC. IV. Identify key elements of contingency factors in the case.
- 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.LEAD.300.C1 Management and Leadership Lessons Warrick, D.D. (2017) What leaders need to know about organizational culture. Kelly School of Business. Frost, A., & Purdy, L., Introductory note on managing people in organizations. Ivey Publishing, (Read pp 17-20, Power) Krattenmaker, T. (2000) What’s your company’s culture? Harvard Management Communication Letter. Birkinshaw, J., & Gibson, C. B. (2004). Building an ambidextrous organization. Advanced Institute of Management Research Paper, (003). To do: Wk 4 Post One Important Thing You Learned After you have completed the reading above, you need to briefly state one important thing you learned about a leader's influence on organizational culture. State why this key learning is important to you.Mangement In this case study, we delve into the management practices of XYZ Company, a prominent player in the technology sector. The company has been praised for its innovative approach to management, focusing on employee engagement, streamlined communication, and adaptability to market dynamics. One key aspect of their success lies in the implementation of a decentralized decision-making structure, allowing teams to act autonomously within defined parameters. This has fostered a culture of creativity and accountability, leading to the timely development and launch of successful products. Despite these accomplishments, challenges persist. The recent surge in remote work has tested the company's ability to maintain its collaborative culture. The management team has been actively exploring new strategies to sustain employee connection and motivation in this evolving landscape. How can XYZ Company further enhance its management practices to ensure sustained innovation and employee…
- Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. Based on each category of alternative organizational strategies discussed in the course,select one (1) strategy from each of the categories which you and your team can pursue toensure success applicable to the scenario presented. Explain clearly how the product/service being offered would be actioned through each category. 1Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. 1.Being a start-up company, identify the four (4) levels/types of organizational strategies, that should be focus on. Identify the various decision-makers across the various organizational levels. for example the first one is Integration strategy.3. Discuss the changing internal environment at the Body Shop (associated with growth) and the consequences and challenges for organization design; in particular, comment on the dual challenge of, on the one hand making an organization more efficient (integrated) and on the other, making it more creative (different). 4. Critically evaluate and propose which organizational model (Chandler, Greiner, and Mintzberg) would allow the Body Shop to avoid hierarchy and remain creative. 5. Decide on the most applicable management style (strategic planning, financial control, strategic control) that will allow the headquarters of the Body Shop to add value to its business units.