Why top level Management require more conceptual skills?
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- Is strategic management more of top down or bottom down process?Which type of plan follows all the sequences of positions (Top, Middle, and Lower) of an organization? And what plans are made in these hierarchal positions? Explain with examples and detail?which is more important in an organization. CULTURE or STRATEGY Does the culture of an organization drive strategy? Or does strategy drive the culture?
- Why is contingency planning important at all levels of management?What objectives do management plans have?You have just been hired as the new head of an audit team for a national accounting fi rm. With four years of experience, you feel technically well prepared for the assignment. However, this is your first formal appointment as a “manager.” Things are complicated at the moment. The team has 12 members of diverse demographic and cultural backgrounds, as well as work experience. There is an intense workload and lots of performance pressure. How will this situation challenge you to develop and use essential managerial skills and related competencies to successfully manage the team to high levels of auditing performance?