Warren just got promoted into his first managerial position three months ago. He is constantly feeling overwhelmed and is losing confidence in his ability to manage. What type of approach did Warren likely take to becoming a manager? Multiple Choice experience-only approach mix of education and experience education-only approach
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- 1)____________ is one of the main component of Management by Objectives approach. a Participative Decision making b Setting targets c Performance Feedback d All of the above 2)The Change Agent is the person in an organization who is engaged in _____________. a Maintaining the status quo. b Preparing the workforce to follow past legacy c Anticipating the future challenges d All of the above 3)The managerial grid uses __________. a two-dimensional grid for appraising leadership styles b two behavioral dimensions of leadership style c a two-dimensional grid for determining leadership styles d a two-dimensional grid for assessing the dimensions of leadership stylesWhich of the following statements about management skills is true today? a. The application of technical, human, and conceptual skills does not change dramatically when a person is promoted to management. b. Good management skills are automatic. c. Particularly during turbulent times, managers need to apply all their skills and competencies in a way that benefits the organization and its stakeholders. d. The number one reason for manager failure is ineffective technical skills and practices.One of the key guidelines to determine if strategies are inconsistent is if managerial problems are resolved when there are changes in personnel and if they tend to be people-based rather than issue-based. Select one: True False
- The management process involves the following four functions:a. Planning - setting your goals and objectives, and identifying strategies to achieve themb. Organizing - creating a framework and system on how your goals and objectives will be achievedc. Leading - influencing other people to participate in the achievement of your goals and objectivesd. Controlling - measuring and evaluating the extent of the achievement of your goals and objectivesDiscuss how the four functions of management manifest in life in general.John is excellent in his accounting job and due to that he does not need to be supervised in his job. He is devoted, accurate and very productive. He can write reports without errors and is very punctual in delivering his tasks. He is keen at work but not really in cooperation. If you were John's manager, which one of his traits would you want to improve? a.Cost-effectiveness and need for supervision b.Timeliness c.Interpersonal impact d.Quality and quantityWhat type of management functions each of the following statements represent? Explain YOUR ANSWER The dean and the head of department of business faculty have just finished interviewing four candidates who want to work for University of Kyrenia Business Faculty. Name of the management function : Reason : b) When Andy reported to her supervisor that the furniture assemblers at their manufacturing plant were using 15 percent more nails than in the preceding month Name of the management function (: Reason: c) To motivate and lead employees to reach a 20% higher market share next year, management of a firm decided to give some monetary incentives to employees. Name of the management function : Directing Reason : D) The management of a firm wants to increase their firm’s market share by 50% within the next three years. To accomplish this goal, they determined a competitive pricing strategy. Name of the management function : Planning Reason :
- Christian managed a team of scientists for a large chemical company. Even though each scientist specialized in analyzing competing chemicals, he made sure all members of the team worked to meet the company's goals. Which step of the management process below does this describe? Organizing Leading Controlling PlanningDoes 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.Robin, founder and CEO of Greenwash.com, is a person who exudes energy, enthusiasm, and drive. He's fun-loving but has pursued his vision for Greenwash.com with serious intensity and has demonstrated an ability to inspire his employees through the ups and downs of a rapidly growing company. Robin is what the employees call a charismatic leader that is, an enthusiastic, self-confident leader whose personality and actions influence people to behave in certain ways. You are required to analyse the charismatic leadership using the theories and examples as much as you can.
- You are a Senior Manager at 123-Logistics overseeing the shipping department. 123-Logistics is a healthy, mid-sized company(similar to UPS/FedEx/DHL) with $350 million in yearly profit and 93% customer satisfaction rating. Currently, your team’s objective is to minimize the amount of late deliveries to ensure customer satisfaction. One day the Finance Director approaches you and tells you that instead of minimizing late deliveries, she wants to prioritize revenue to appease shareholders. The Vice President of Marketing overhears your conversation and suggests that the delivery drivers should instead spend more amount of time on the road to advertise the company logo. This in turn will result in wider brand recognition and more customers. Lastly, the Vice President of Operations joins the conversation to recommend another business objective but is cut off before she can provide a suggestion. From your conversation, • Which business objective do you think is the most important and why? •…Describe the key mistakes made by the CEO in the way he went about introducing the proposed changes in B company, with support of leadership styleFrom the following management styles (e.g., Task Vs. People-Centered Style, Participatory, Directing, or Teamwork Styles, Autocratic, Participative, and Free-reign styles, etc.). What combinations of management styles might you use in the below situations and why? You are considering a major change in the way your company does business. Your staff has an excellent record of achieving goals, and your relationship with them is trusting and supportive.