Why is it important for managers to analyze performance trends compared to industry segments? 2. How would a manager know if their property is doing well?
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1. Why is it important for managers to analyze performance trends compared to industry segments?
2. How would a manager know if their property is doing well?
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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?Why is it important for managers to analyzing performance trends compared to an industry segment? How would a manager know if his/her property is doing well?Choose the correct answer: 1. Which of the following processes is antithetical to the opposite of the strategic planning process? a. Rational decision-making b. Satisficing c. Entrepreneurship d. All of the above 2. Which management theory/perspective is MOST consistent with the use of a clan culture, normative control, and concertive control as control systems? A. Scienulic Management b. Human Relations c. Quantitative Management d. Weber s Bureaucracy
- Q1.What are the classical management theories? Q2.How managers can increase employee performance with scientific management theory? Explain in detail Q3.Is there one best “style” of management? Why or why not? Explain in detail Q4.In today’s environment, how organization can achieve competitive advantage? Explain in detailFirm size, industry competition, CEO power and discretion and the level of stress a a CEO's job entails are factors in determining what? Select one: a. How large a board of directors an organization must have b. Whether an organization can function internationally c. A CEO's compensation package d. Employees' level of job satisfaction and overall feeling of internal support of their supervisors2. Is the quality of management likely to be relatively uniform in all types of small businesses? Ifnot, what might account for differences
- By reference to the data in part A:1. Return on investment (ROI), residual income (RI), and economic-value added (EVA)are performance measures for subunit managers. Discuss the relative merit of these performance measures?2. There may be a difference between the performance of a manager and theperformance of the organization subunit for which the manager is responsible. Why is it important to make this distinction?3. Do you agree with the general manager’s assertion that managers should be rewarded only on the basis of their performance measures with no fixed salaries? ExplainAccording to Wells Fargo Corporate Culture Do you believe these employees knew how much damage they were doing to customers, the company, and the brand?Why does the company "Kodak" fail? a.) what are the barriers to execution that Kodak experienced whether cognitive, affective, motivational, resources, or political in nature. b.) How could have the barriers been addressed differently?
- How do you think mission, vision, and value statementslink with each organization’s culture? Do you think theycomplement each other? Why, or why not? How couldthe company better integrate its culture and key statements? Use examples1)What is an organization and why are managers important to an organization’s success? 2)In today’s environment,which is more important to organizations _ efficiency or effectiveness?Explain your choiceDescribe the different types of managers and how their responsibilities within a company may differ. Refer to the discussion about technical and conceptual skills later in the chapter. Which level of managers would most rely on technical skills? Which level of managers would most rely on conceptual skills?