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How do managers at different levels apply the four functions of management?
Management is the organization and coordination of the activities of a company in accordance with the policies and procedures that is carried out to achieve the desired objectives. The four major functions of management are planning, organizing, directing, controlling.The top level management is involved with the overall management of the organization. The main focus of the top level management is on the long-term goals and external relationships. The main function of the top level management is of planning and forming the major goals of the organization. But, the top level management does use all the four functions of management to be effective and efficient. The top level management plans the overall objectives of the organization, organizes people and resources, lead the middle level management, and have the final control over the major decisions.The middle level management is concerned with converting the broad goals into more specific goals and organizes the strategies to achieve those goals. The middle level management is also responsible for the communication process between the top level management and the front-line level management. The middle level management also plans the goals and objectives for the front-line level management. They have to lead and motivate the front-line level managers and also have the power to control their actions.The front-line level management consists of the people who actually organize and manage the operations of the management. The managers actually deal with the majority of non-management employees. Front-line managers are the ones who actually put the plans into actions on the front-line and are responsible for organizing their resources and employees. They also lead and motivate the non-managerial employees and also have the power to control decisions in their branch.
Is management a vague term?
Management a group of people who are divided into managers who oversee different area of a company. I think management is a vague term by definition alone. Management has different levels. It can include a team leader and section supervisors all the way up to regional managers or even the CFO or CEO. Each level requires different skills. The team leader has to be able to balance the happiness of their team, the customer, and their boss. The higher level managers don't deal with the workers as much. They deal with more of the paper work end, legal stuff, and decision making. To make things more complicated, each person has their own style of managing.
What is UCMDB?
Most likely an HP term for Universal Configuration Management Database (UCMDB).
Explain the term of production and operation management and describe its activities?
Production management has been the traditional term used to describe all the activities managers do to help their firms create goods.
Explain four importance of studying management to the organisation?
Employees generally leave their jobs as a result of poor management practices in the business. Business owners should be aware of good management practices through research and formal education to produce a business model that can develop employee productivity, eradicate idleness and increase retention.
Why shouldn't managers focus on the current stock value?
Managers should not focus on the current stock value because the value fluctuates daily based on market conditions, profits, management, and current economy. Managers should instead focus on the long term growth of the company.
What is the universal term for HIV affected Orphan children?
There is no universal term for this.
What are the main functions of the three levels of management?
The four functions of management are planning, organizing, leading, and controlling, and managers at different levels use these four functions to manage a business successfully. All of the four functions of management are similar because they are effective and efficient means of managing a new business or established corporation, and they will help a business reach its goals. These functions are similar because they work together to achieve success.The main role of the top level management is summarized as follows :-The top level management determines the objectives, policies and plans of the organisation.The top level management does mostly the work of thinking, planning and deciding. Therefore, they are also called as the Administrators and the Brain of the organisation.They spend more time in planning and organising.They prepare long-term plans of the organisation.The top level management has maximum authority and responsibility.They require more conceptual skills and less technical Skills.The middle level management emphasize more on following tasks :-Middle level management gives recommendations to the top level management.It executes the policies and plans which are made by the top level management.It co-ordinate the activities of all the departments.They also have to communicate with the top level Management and the lower level management.They spend more time in co-ordinating and communicating.They prepare short-term plans of their departments .The middle Level Management has limited authority and responsibility. They are intermediary between top and lower management. They are directly responsible to the chief executive officer and board of directors.Require more managerial and technical skills and less conceptual skills.The lower level management performs following activities :-Lower level management directs the workers / employees.They develops morale in the workers.It maintains a link between workers and the middle level management.The lower level management informs the workers about the decisions which are taken by the management. They also inform the management about the performance, difficulties, feelings, demands, etc., of the workers.They spend more time in directing and controlling.The lower level managers make daily, weekly and monthly plans.They have limited authority but important responsibility of getting the work done from the workers.Along with the experience and basic management skills, they also require more technical and communication skills.
Discuss the different levels of decision making?
Decision making is intertwined with the other functions, such as planning, coordinating and controlling. Decisions are made in order to change the company's current status to a more desirable state of affairs. Therefore, relevant information needs to supply by the Management Accountant to top management to make decision. In an organization, different levels of management are making different types of decision. This can be showed at the figure below.Levels of decision makingTop level managers, or strategic managers, are also called senior management and executives, are individuals at the top one or two levels in an organization. The Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operational Officer (COO), Chief Informational Officer (CIO), President, Vice President, Chairman and Board of Directors are examples of top level managers. They have the long-term vision for the company. They are not involved in day-to-day tasks need to possess conceptual skill so as to set the goals for the organization as a whole. For example, Jerry Yang, the former chief executive of YAHOO!, was criticized when a $44.6 billion acquisition bid from Microsoft failed under his watch. They frame the organizational policy. They are also responsible for mobilization of resources. They generally make large budgetary decisions for the company and are responsible to the shareholders and the general public. The success or failure of the organization rests on the shoulders of the top level management.Middle level managers, or middle managers, are those in the levels below top managers. Middle manager's job titles include General Manager (GM), Plant Manager, Regional manager and Divisional manager. Middle level managers are responsible for carrying out the goals set out by top management with setting goals for their departments and other business units. Tactical decisions, the medium term decisions about how to implement strategy, are delegated to middle managers. Middle management decisions might include marketing a new product, communicating with and managing lower management and determining what issues need to be addressed with top level managers. Each individual middle management department develops a strategy to meet its inner departmental goals.Lastly, lower level management, which included office managers, shift supervisor, department manager, foreperson, crew leader and store manager, are responsible for the daily management of line workers - the employees who actually produce the product or offer the service. Although first line manager typically do not set goals for the organization, they have a very strong influence on the company. These are the managers that most employees interact with on a daily basis. Operational decisions, short term decision or also called administrative decisions about how to implement the tactics affect daily tasks and generally handled by lower level managers. Supervisors or team leaders may decide employee related issues, such as pay rates, training, evaluations and disciplining or terminating employees. For example, supervisor may decide to reward the most productive employee with an employee of the month award, or offer incentives such as gift certificates.thankschelibei Geofreymbale +256773829930
What is the term that means universal?
Catholic means universal.
What is the Japanese term for middle managers?
koi
What does the term total cost of ownership mean?
The term total cost of ownership means the following; a financial estimate, the term used to help the consumer and enterprise managers to know the cost of the product directly or indirectly, and a management account concept that is used in full cost accounting.
