Which statement reflects a common problem with plans? O Mid- and lower-level managers may improve resource utilization as they see where the company is going. Mid- and lower-level managers may feel that they must follow a plan even when their experience shows it is not working O Mid- and lower-level managers may ignore plans that do not make sense to them
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- Effective planning is the bedrock of successful management, providing a roadmap for achieving organizational goals. A manager's ability to formulate comprehensive and strategic plans is instrumental in guiding the team toward success. Planning involves not only setting objectives but also identifying the necessary resources, timelines, and potential challenges. It requires foresight to anticipate future trends and uncertainties, allowing the manager to develop contingency plans. Moreover, effective communication of the plan is essential to ensure that every team member understands their role and the overall vision. Through meticulous planning, a manager can enhance organizational efficiency, minimize risks, and foster a sense of direction among team members. Question: How do you believe the quality of planning impacts the day-to-day operations and long- term success of an organization, and what key factors should a manager consider when developing a strategic plan?Please explain and elaborate the things below: Planning is an essential capacity of the executives. Each capacity of the board depends on arranging. "Planning is the method involved with building up objectives and a reasonable game-plan for accomplishing these objectives." Separate Your Company's Goals. Track Your Goals' Progress. Focus on the Company's Goals. Fabricate Your Company's Support System. Stay Flexible With Your Company's Goals. Watch out for Your Company's End Goal. Acknowledge Your Company's Imperfections.John is coming late to company on daily basis and not achieving the given target, whereas steve is puntual and hardworking, he also achieve the given target before timeline. By considering above scenario, explain Who should get fired at a company and why? What tactics do you use to do this?
- 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.What is the benefit of monitoring profitability frequently?* Management can see trends that could affect business decisions Management can change more for its goods Management can stop wasting money Management can keep expenses to a minimum All of the above None of the above Don't answer by pen paper and don't use chatgpt otherwise we will give dounvoteManagement by objectives is not ne w. The concept goes back almost fifty years. Its appeal is its emphasis on converting overall objectives into specific objectives MBO makes objectives operational by cascading them down through the organization and works from the bottom up as well as from the top down. The result is a hierarchy that links objectives at one level to those at the next level. For the individual employee, MBO provides specific personal performance objectives. Top management must be committed to the process for MBO to work. 1. What are the challenges and obstacles to this process? write thee in detail
- One of the most predictable effects of a disaster is the surge in emergency health activity that it produces. A. Identify and discuss the requirements for managing a surge. B. As an emergency leader, provide one action you’d implement for each requirement. You have 24-48 hours until the expected surge, as a crisis management leader, how would you ensure that these actions are effectively communicated among staff?Mangement question Management is a multifaceted discipline that involves the coordination of people, resources, and processes to achieve organizational objectives. It encompasses various functions such as planning, organizing, leading, and controlling, all aimed at ensuring the smooth operation and success of an organization. Effective management requires a deep understanding of the organization's goals and objectives, as well as the ability to develop and implement strategies to attain them. Managers must possess strong leadership skills to inspire and motivate their teams, as well as the ability to make tough decisions and solve complex problems Additionally, effective communication and interpersonal skills are crucial for fostering collaboration and maintaining harmony within the organization. In today's rapidly changing business environment, successful management also entails the ability to adapt to new technologies, market trends, and competitive pressures. As such, managers must…For planning to be effective, workers need a specific, challenging goal as well as regular feedback to track their progress. True False Management by objectives is a two-step process in which managers and their employees discuss possible goals and then meet regularly to review progress toward the accomplishment of those goals. True False
- 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 PlanningStrengths and weaknesses are: a) internal to the organization, and they include factors that would either build up or drag down the firm's pertormance /b) extemal to the organization, and it is easy to gain information about them, c) extemal to the organization, and they include factors that would affect the company's performance but are typically out of the company's control. d) internal to the organization, and it is difficult to gain information about themWhat 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 :