Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 7, Problem 3DCS
Summary Introduction

To discuss: The advantages and disadvantages of becoming a manager, whether the size of the business make a difference and advantages of a career in a profit-seeking business versus a career in a nonprofit organization.

Introduction: The organization which is not established with goal of earning profit for personal benefit of owner or management like other normal organizations is known as non-profit organization.

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1. What are the characteristics and traits that you possess that are common to all successful managers? 2.Why should management be considered an occupation rather than a profession? 3.How do managers learn how to perform the job? 4.Explain the manager’s job according to Henry Mintzberg. 5.What responsibilities do managers have towards people within the organization? How do they express these responsibilities? 6.How do managers perform their job according to John Kotter? 7.How do managers make rational decisions? 8.How does the nature of management change according to one’s level and function in the organization? 9.Discuss the role of management in the larger societal context. What do you think the managers of the future will be like? 10.Identify what you think are the critical issues facing contemporary management. Explain.
1. How to give employers’ power away efficiently? Present some pros and cons for this issue? 2. How to treat employees to feel like partners? Give example to support this one? 3. How do effective managers view the role of people in their organization’s success?4. Once employees are hired, what’s the best way to see that they do what they’re supposed to do?
1.  WHAT were the three most important principles you learned  about management? 1. 2. 3. 2.  WHY were those the most important principles to you?   3.  HOW can you APPLY those three principles in your: Professional life? Personal Life?  How can what you have learned this semester assist you to be a MORE capable and trusted disciple of Jesus Christ?
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