True or False In general, top managers rely more heavily on technical skills than managers at other levels. Autocratic leaders generally make decisions unilaterally, with little concern for employee opinions. The first step in decision making is to generate alternatives. The final step in managerial decision making involves evaluating a decision's effectiveness.
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True or False
In general, top managers rely more heavily on technical skills than managers at other levels.
Autocratic leaders generally make decisions unilaterally, with little concern for employee opinions.
The first step in decision making is to generate alternatives.
The final step in managerial decision making involves evaluating a decision's effectiveness.
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- A quote attributed to him reads, "We often confuse the urgent with the important, the important with the urgent." Later, Stephen Covey adopted his decision-making priorities in his book, The 7 Habits of Highly Effective People. These decision-making priorities were later known as the Eisenhower Decision Matrix. Discuss how using such a process might help you become a more effective leader in making decisions, or mention another process that might be just as effective.*500 WORDS “Leaders create more than they consume and always leave things better than how they found them. Organizational success requires exceptional decision making skills”. Critically analyze the statement given above in the light of various organizational factors that contributed to the success of Amazon. (You may consider factors like organizational structure, various leadership dynamics including styles, decision making approaches/processes, power practices and other relevant aspects.)The ability to make good decisions is the key to successful managerial performance. Discuss the common elements shared by all decision-making processes. Provide a real-world example to elaborate your answer.
- The decision-making model that best describes the actual day-to-day decision-making activities of real-world managers is the ________ model. Select one: a. administrative b. behavioral c. bounded rationality d. all of the above are correct answers Typically, a plan that encompasses six months to two years is a Select one: a. Strategic plan b. Operational plan c. Tactical plan d. None of the abovea) Why is decision making often described as the essence of a manager’s job? b) Is there a difference between wrong decisions & bad decision?Why do good managers sometimes make wrong decision? Bad decision? c) How can managers improve their decision-making skills? (600-700 wordsMangement Effective management is crucial for the success of any organization, encompassing various tasks such as planning, organizing, leading, and controlling resources to achieve predetermined goals. Managers play a pivotal role in directing the efforts of individuals and teams, ensuring alignment with the organization's objectives. They must possess strong leadership skills to motivate and inspire their teams, as well as effective communication abilities to convey goals and expectations clearly. Additionally, managers need to adapt to dynamic environments, making strategic decisions and problem-solving as challenges arise. They are also responsible for fostering a positive work culture that encourages collaboration, innovation, and continuous improvement. Overall, effective management is essential for driving productivity, achieving targets, and sustaining long-term growth. Question: How can managers effectively foster a culture of innovation within their teams?
- Effective management is crucial for the success of any organization, as it involves coordinating and overseeing the activities of individuals to achieve common goals. A skilled manager must possess a combination of leadership, communication, and decision-making skills to navigate the complexities of the modern business environment. One key aspect of effective management is the ability to motivate and inspire teams, fostering a positive and productive work culture. Clear communication of goals and expectations, along with providing timely feedback, helps align individual efforts with organizational objectives. Additionally, effective managers prioritize the development of their team members, recognizing the importance of continuous learning and skill enhancement. The ability to adapt to change and make informed decisions, coupled with a strategic mindset, contributes to a manager's effectiveness in steering the organization toward success. Question: How can organizations ensure that…Does the context determine what the strategising manager must do, or can the manager shape the context? Some people argue or assume that the strategy context has a dynamic all on its own, which strategists can hardly influence, and therefore that the strategy context sets strict confines on the freedom to manoeuvre. The context is not malleable and hence the motto for the strategist is ‘adapt or die’. Others believe that strategists should not be driven by the context but have a large measure of freedom to set their own course of action. Frequently it is argued that strategizing managers can, and should, create their own circumstances, instead of being enslaved by the circumstances they find. In short, the strategy context can be determined, instead of letting it determine. Discuss in the context of the Industry Dynamics versus the Industry Leadership Perspective.Answer the following with a minimum of 6 sentences each. Questions Answer What can executives do in order to properly implement the strategic plan? What is an organizational structure? How would organizational structure help in its proper implementation of a strategic plan? Communication is said to be the reason why proper implementation of strategy becomes a problem or failure. Explain why.
- Effective management is crucial for the success of any organization, as it involves coordinating resources, people, and tasks to achieve specific goals. A skilled manager must possess a combination of leadership, communication, and decision-making skills to guide their team towards success. They must be able to delegate responsibilities, provide clear direction, and motivate their team members to perform at their best. Additionally, effective management Involves strategic planning, problem-solving, and the ability to adapt to changing circumstances. Ultimately, strong management is essential for maintaining productivity, fostering innovation, and driving overall organizational growth. Question: How do you think the role of technology has influenced modern management practices?Managers must have authority, potential and ability to deal with the changing environment, to handle complex situations and to make effective decisions”. To what extent you agree with this statement, elaborate your answer with logical arguments and examples.You have just been promoted from front-line supervisor to be one of the firm’s senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As a supervisor, you had frequently been making routine decisions, but you realize that decision making for the overall company can and will have far greater impact on the company and its employees. Your boss, the chief executive officer (CEO), realizes that you do not have much practice in this higher level, decision-making process and has asked you to write a memo describing your understanding of how to make important decisions. Your memo should address the following questions: Describe at least 3 criteria that would determine whether the manager is making good decisions. What should be done to better assure that you are making a good decision? In the realm of decision making, what are assumptions? Rather than use a dictionary definition, cite…