answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

How might the various managerial skills relate to different managerial roles?

Managerial skills such as technical, human, and conceptual abilities are crucial across different managerial roles. For example, a technical manager needs strong technical skills to guide their team effectively, while a human-oriented manager must excel in interpersonal skills to motivate and lead diverse groups. Additionally, conceptual skills are vital for top-level managers to understand and navigate the broader organizational landscape and strategic direction. Ultimately, the emphasis on each skill varies depending on the specific role and level of management within the organization.


Why managers need to know economics?

Hi this is his role is to make sure the company makes profit


Role of quantitative technique in business?

Quantitative techniques in business managers make better decisions. Managers can use the information to determine strategic objectives for the company.


What are some of the differences in skills that may exist between managers in domestic firm and those in an international firm?

Global managers have to be far more inquisitive and outgoing in order to grasp the wealth of information to better manage an international firm.Global managers are comfortable with change and uncertainty.Ability to connect well with people from diverse culture plays a key role in success of a global manager.Have a global mind-set. They think global but act local.Hope this helps.


Explain the role of accounting in economic development of a country?

It help improve the transparency, comparability and accountability of financial reporting.

Related Questions

Why are the conceptual skills of a manager very important?

Conceptual skills are crucial for managers as they enable them to understand complex situations, recognize patterns, and foresee potential challenges and opportunities. These skills allow managers to align team goals with the organization's strategic vision, fostering effective decision-making and problem-solving. Additionally, strong conceptual skills help managers communicate ideas clearly and inspire innovation, which is essential for adapting to changing environments. Ultimately, they play a vital role in driving organizational success and ensuring cohesive teamwork.


How might the various managerial skills relate to different managerial roles?

Managerial skills such as technical, human, and conceptual abilities are crucial across different managerial roles. For example, a technical manager needs strong technical skills to guide their team effectively, while a human-oriented manager must excel in interpersonal skills to motivate and lead diverse groups. Additionally, conceptual skills are vital for top-level managers to understand and navigate the broader organizational landscape and strategic direction. Ultimately, the emphasis on each skill varies depending on the specific role and level of management within the organization.


What are Role playing games?

Role playing Video Games are where you take on the role of a certain character in the game and you are usually trying to improve their skills and make certain achievments. Role playing video games are where you take on the role of a certain character in the game and you are usually trying to improve their skills and make certain achievments.


What are role-playing video games?

Role playing video games are where you take on the role of a certain character in the game and you are usually trying to improve their skills and make certain achievments. Role playing video games are where you take on the role of a certain character in the game and you are usually trying to improve their skills and make certain achievments.


Role of engineering department in a company?

To improve their skills and products in more advanced and also the knowledge


What is the role of a HR officer?

Human resource managers support the organization by hiring and training employees. They also match people with the right jobs based on their skills.


What skills are required to be working in warehousing management?

Key skills to work in warehouse management include team work, as the role will involve managing a team of staff. Warehouse managers will require good technical skills, as a lot of the data will be stored and managed on computers.


Identify the ten roles managers perform in organization?

A role is a set of expectations for a manager's behavior. The ten roles are divided into three categories: informational, interpersonal, and decisional.Informational roles include the functions used to maintain and develop an information network.The monitor role involves seeking current information from many sources. The disseminator role is the opposite of the monitor role. In the disseminator role, the manager transmits information to others, both inside and outside the organization. The spokesperson role pertains to making official statements to people outside the organization about company policies, actions, or plans.Interpersonal roles refer to relationships with others and are related to human skills.The figurehead role involves the handling of ceremonial and symbolic functions for the organization. The leader role is the relationship with subordinates including motivation, communication, and influence. The liaison role is the development of information sources both inside and outside the organizations.Decisional roles come into play when managers must make choices. These roles often requireboth conceptual and human skills. The entrepreneur role involves the initiation of change.Managers seek ways to solve problems or improve operations. The disturbance handler roleinvolves resolving conflict among subordinates, between managers, or between departments.The resource allocator role pertains to allocating resources in order to attain desiredoutcomes. The negotiator role involves formal negotiations and bargaining to attainoutcomes for the manager's unit of responsibility.


Are there role plays scenarios for bank managers?

There are role play scenarios for bank managers. They can be found in organizational behavior classes and job training seminars.


What is the main of role of managers?

Managers supervise the regular employees and make sure everything runs smoothly.


How do these managerial skill differ in organization hierarchy?

The skills required by managers vary according to level, Top managers need strong conceptional skills , while those at middle level need good skills and those are at lower level need technical skills.


What are the essential program manager skills required for success in a leadership role?

The essential program manager skills required for success in a leadership role include strong communication, strategic thinking, problem-solving abilities, decision-making skills, organizational skills, and the ability to manage and motivate a team effectively. Additionally, program managers should possess strong leadership qualities, adaptability, and the ability to prioritize and delegate tasks efficiently.