To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field. Introduction: The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Question

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Answer 1

Question

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

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Students have asked these similar questions

1. As future employers, are you in favor of using teleworking? Why or why not?

There is no such thing as a “one-size-fits-all management theory”. What may work for one organization may not be relevant for another. Therefore, when one theory does not fit a particular situation, it is important to explore the option of developing a new theory that would lead in a new, more applicable direction. While some theories can stand the test of time, other theories may grow to be irrelevant and new theories will develop in their place. EXPLAIN.

Given a choice of holding a managerial position in a big company or being an owner of a small business? which will you choose? Why?

Answer 2

Question

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

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Answer 3

Question

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

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Answer 4

Question

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

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Answer 5

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

Answer 6

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Conclusion

The manager would like to work for a large business, public company and as an officer.

Answer 7

Chapter 7, Problem 1CT

Summary Introduction

To think critically about: The opinion of the manager with reason, whether to work for a large business or small business, private or public company as an officer or out in the field.

Introduction:

The bundles of operations (production or service) which lead to earning of profit are collectively known as business. Managers are responsible for the management of any business.

Answer 8

Expert Solution & Answer

Explanation of Solution

Given information:

The different options are given related to types of business, a manager wants to join.

Explanation:

The various types of business, a manager wants to join are mentioned below:

Large business: The manger would likely to work for a large business, as it will provide scope of growth and development for the manager. Manager will get proper training and orientation.

Public company: The manger would like to work for a public company as it provides many benefits as compared to the private company. For example: Job security, perks and other benefits.

In an office: The manager is at the middle level post of the business. So, the manager must have to work in an office rather than out in the field. In case of female employee, office work is preferred as compared to field work.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Conclusion

The manager would like to work for a large business, public company and as an officer.

Answer 12

Ch. 7.1 - Prob. 7.1AQ Ch. 7.2 - Prob. 7.2AQ Ch. 7.2 - Prob. 1TP Ch. 7.2 - Prob. 2TP Ch. 7.2 - Prob. 3TP Ch. 7.3 - Prob. 7.3AQ Ch. 7.3 - Prob. 4TP Ch. 7.3 - Prob. 5TP Ch. 7.3 - Prob. 6TP Ch. 7.3 - Prob. 7TP

Solution Summary: The author explains the different types of business, a manager wants to join. Large business provides scope of growth and development for the manager, while public company provides many benefits.

Explanation of Solution

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Chapter 7 Solutions