The means by which the chief executive officer of the company mentioned in the case study shall perform the various roles to be played by managers. Introduction: The chief executive officer of the much known company mentioned in the case study has to play a number of roles within the capacity of a manager each day. Within three main categories, ten roles to be played by a manager have been presented by experts in the field. Interpersonal, informational and decisional roles are the three categories aforesaid. Interpersonal roles refer to the ways a manger deals with various kinds of people within and beyond organizational boundaries. How a manager handles information with internal and external parties are being discussed under informational roles. Further, the decision making aspect of a managerial capacity is being addressed by the decisional roles.

Question

Want to see the full answer?

Answer 1

Question

Chapter P1, Problem 4DQ

Summary Introduction

To explain:

The means by which the chief executive officer of the company mentioned in the case study shall perform the various roles to be played by managers.

Introduction:

The chief executive officer of the much known company mentioned in the case study has to play a number of roles within the capacity of a manager each day. Within three main categories, ten roles to be played by a manager have been presented by experts in the field. Interpersonal, informational and decisional roles are the three categories aforesaid. Interpersonal roles refer to the ways a manger deals with various kinds of people within and beyond organizational boundaries. How a manager handles information with internal and external parties are being discussed under informational roles. Further, the decision making aspect of a managerial capacity is being addressed by the decisional roles.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Discuss Situational Leadership of Henry Ford. Make sure to include the following aspects:• Describe one organizational decision that Henry Ford has had to make (this excludes personal decisions such as resigning or managing personal funds). Explain exactly what was the situation, and what needed to be decided regarding the organization?• Now, pretend that Henry Ford did not take the decision yet, which decision-making style would you recommend him to apply? And why?• Do you believe that the leadership style of Henry Ford is quite consistent (stable, not changing much over the years) or contingent (changing depending on the situation at hand)? Provide one argument/example to support your opinion.

MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!

Describe how the Wells Fargo scandal demonstrates that organizational leaders must not only establish goals but ensure that those goals are being acted upon appropriately.