Concept explainers
(a)
To explain:
Ways for store manager to use forecasting, budgeting and scheduling.
Introduction:
The CEO of the company S followed two leadership styles; democratic leadership style and the transformational leadership style.
The democratic leadership style gives the chance to the employees to express their opinion and ideas in the decision-making process of an organization.
The transformational leadership style gives high motivation and morality to the employee.
(b)
To explain:
Ways for regional manager to use forecasting, budgeting and scheduling.
Introduction:
A regional manager is an executive who takes care of a particular area in operation. He takes care of many stores which comes under his operations.
(c)
To explain:
Ways for a global development manager to use forecasting, budgeting and scheduling.
Introduction:
A global development manager is a person who makes strategies at the international level for enhancing business. It amalgamates local businesses with international boundaries.
(d)
To explain:
Ways for CEO to use forecasting, budgeting and scheduling.
Introduction:
CEO is the highest-ranked officer who is the leader of an organization taking care of all managerial decisions.
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Management (14th Edition)
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