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Why should managers be acquainted with research and development?
Wiki User
∙ 13y ago
Managers should be acquainted with research/development because development is how businesses survive, and research is required for this to happen. I'm the owner of several businesses, and I constantly am researching my competitors. I wouldn't be able to compete if I didn't understand my competition.
Wiki User
∙ 13y ago
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Should managers inform employees that their Web behavior is being monitored. Or should managers monitor secretly?
manager should inform employees that their web activities are controled in order for the employees to know what they should do and what they should not this is also good to inform them to make the tearm of contrac crealy
What are the four criteria managers should consider in evaluating alternative courses of action?
The four criteria managers use are: Legality Economic feasibility Practicality Ethicalness
Why should shareholders wealth maximization be the primary objective of firm?
"Shareholder value" is simply a buzzword that has no real backing in science or finance. The increase in shareholder value is simply a consequence of good management in the following areas: 1) Operating margins 2) Tax rate 3) Revenue 4) Research and development 5) Comparative advantage 6) Risk management And so on. To ask why a manager should increase shareholder value is akin to asking why companies should invest in R&D or why they should maximize revenue. And the answer is simply that managers are rational beings and more is always better.
Decisions made by financial managers should primarily focus on increasing which one of the following?
total sales
What skills of manager need to possess?
Managers require a diverse set of skills to effectively lead teams and achieve organizational goals. Here are some key skills that managers should possess: Leadership: Managers need strong leadership skills to inspire and guide their teams. They should be able to set a clear direction, make informed decisions, and motivate employees to perform their best. Communication: Effective communication is vital for managers. They must be able to convey information clearly, listen actively to their team members, and foster open and transparent communication within the organization. Decision-making: Managers are responsible for making important decisions that impact the business. They need to be able to analyze information, evaluate options, consider different perspectives, and make well-informed decisions in a timely manner. Problem-solving: Managers encounter various challenges and problems on a regular basis. They should possess strong problem-solving skills to identify issues, analyze root causes, develop creative solutions, and implement effective strategies to overcome obstacles. Strategic thinking: Managers need to think strategically and have a long-term perspective. They should be able to identify opportunities, anticipate trends, and develop plans and initiatives that align with the organization's goals and vision. Emotional intelligence: Managers should have emotional intelligence, which involves understanding and managing their own emotions as well as effectively recognizing and responding to the emotions of others. This skill is crucial for building relationships, resolving conflicts, and creating a positive work environment. Time management: Managers often have multiple responsibilities and tasks to handle. Effective time management skills are essential to prioritize work, meet deadlines, and ensure productivity and efficiency. Team building: Managers need to be able to build and develop strong teams. This includes recruiting and selecting the right individuals, fostering a positive and inclusive team culture, promoting collaboration, and providing guidance and support to team members. Flexibility and adaptability: Managers should be flexible and adaptable in their approach. They need to be open to change, willing to embrace new ideas and technologies, and able to adjust plans and strategies when necessary. Financial acumen: Managers should have a basic understanding of financial concepts and be able to interpret financial statements, budgets, and other financial data. This knowledge helps them make informed decisions and manage resources effectively. These skills provide a foundation for effective managerial performance, but it's important to note that managers may require additional skills specific to their industry or organization. Continuous learning and development are essential for managers to stay updated and grow in their roles. My recommendation Ｗｅｉｒｄ Ｔｅｘｔｈｔｔｐｓ：／／ｗｗｗ．ｄｉｇｉｓｔｏｒｅ２４．ｃｏｍ／ｒｅｄｉｒ
Why Managers should know about research?
for proper planning and decision making.
What does business decision making process have to do with operation research?
When managers have to make decisions it should be based on thorough research. With operations research, management can implement the best actions based on their research.
In an emergency every second is of great importance. Therefore you should be acquainted with what general acronym?
You should be acquainted with the acronym PASS (pull, aim, squeeze, sweep).
Which appropriation category should be used to fund retention bonuses for active duty underwater demolition personnel?
Research, Development, Test, and Evaluation (RDT&E)
Should managers and non managers be appraised from multiple prespectives?
Yes, managers and non-managers should be appraised from the top and the bottom. This will help executive managers get a better idea of how they are performing.
Why Animals Should not be used for drug development or for medical research?
cause animals differ from humans and they have different abilities and their abilities are based on their medical research
Are managers should not wear uniforms?
Managers SHOULD wear uniform or they look unprofessional.
What does learning and development mean?
Learning is a process to get acquainted with a new knowledge however, when it is meant to serve development, it should focus on the enhancing and empowering the innate and acquired skills, competencies and attributes of learners in order to achieve both their own welfare as well as success and growth for the workplace.
Engineering Managers?
Engineering managers are the professionals that monitor and direct the work of engineers below them. They plan and coordinate research and development projects as well as maintain budgets so that the projects maintain well funded. Engineering managers play the middleman between the upper level management of a company and the engineers on the bottom. They work to execute the research goals of management. Most engineering managers have experience as engineers. They usually studied some form of engineering in undergraduate school, worked some years in the industry, and then earned a Master's of Business Administration or Master's of Engineering Management in order to cement their leadership and management skills. Most engineering managers earn anywhere between $100,000 and $151,000 per year. Job prospects should be good for qualified, experienced candidates.
What is the relationship managers should have?
managers should never date their employees. that just leads to a bad ending.
Should financial managers concentrate strictly on cash flow?
financial managers
When making decisions managers should?
today
