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Because limiting the company to operations in one culture limits the potential of the company to grow its sales and sourcing. Or they could try operating in a culture they don't understand and hope that works out for them - unlikely to work because communications and expectations in the other culture are highly likely to be different and cause confusion and failure.

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Describe how to classify managers in organization?

Managers coordinate and oversee the work of employees within the organization and help accomplish the organizational goals. Top Managers are responsible for making decisions about the entire organization. Middle Managers manage the work of the first-line managers. First-line managers are the ones who manage the work of the non-managerial employees.


Why do managers need study management?

So that they can manage.


How does ifromatin system support managers in each level of an organisation?

Information systems support managers at all levels of an organization by providing timely and relevant data for decision-making. At the strategic level, they offer insights for long-term planning and resource allocation. For tactical managers, these systems facilitate monitoring performance and coordinating activities across departments. Operational managers benefit from real-time information to manage day-to-day activities efficiently, ensuring smooth operations and quick responses to challenges.


Do managers manage differently based on where they are in the organization?

Yes, managers often manage differently based on their position within the organization. Executives tend to focus on strategic planning, long-term goals, and organizational vision, while middle managers concentrate on implementing policies and coordinating resources. Frontline managers, on the other hand, prioritize day-to-day operations and team performance. This hierarchical distinction influences their decision-making, communication styles, and leadership approaches.


What degree is needed to manage a hedge fund?

No degree is formally required, but most hedge fund managers have MBA's.

Related Questions

Who manage proprietorship?

there can be multiple managers


Do football managers have to pay to manage a club?

No, managers are usually paid for their services.


What is the importance of understanding organisational behavior to managers?

As a manager, your job is to manage people, who constitute the "organization". If you can't understand these people (i.e. their behavior), how can you manage them? There are courses labeled "Organizational Behavior" if you want to learn more about this.


What if anything can managers do to manage emotions?

There isn't a whole lot that managers can do to manage emotions. They could hold workshops or give boundaries though.


Describe how to classify managers in organization?

Managers coordinate and oversee the work of employees within the organization and help accomplish the organizational goals. Top Managers are responsible for making decisions about the entire organization. Middle Managers manage the work of the first-line managers. First-line managers are the ones who manage the work of the non-managerial employees.


Why is it important for managers to understand the jobs of the workers they manage?

It is crucial for managers to understand the jobs of their workers to effectively support and empower their teams. This knowledge enables managers to provide relevant guidance, allocate resources efficiently, and identify areas for improvement. Additionally, understanding employees' roles fosters better communication and helps build trust, as workers feel valued and understood. Ultimately, this leads to increased productivity and job satisfaction.


What is the need of construction managers?

They are needed to manage construction projects.


Why do managers need to study study about computer?

so that they can manage


What are the release dates for Son of a Gun - 2011 Manage My Managers 1-4?

Son of a Gun - 2011 Manage My Managers 1-4 was released on: USA: 19 May 2011


What does globalization mean for managers?

Globalization means that managers must navigate a more interconnected and competitive landscape, where businesses operate across diverse cultural, economic, and regulatory environments. They need to adapt strategies to meet local market demands while leveraging global efficiencies and innovations. Additionally, effective communication and collaboration with international teams become crucial, as does the ability to understand and manage risks associated with global operations. Ultimately, globalization requires managers to be culturally aware and agile in their decision-making.


In what ways all managers are and must be human resource managers?

Yes, this because all managers, if they are to lead their organization successfully, must work with people and manage the employees.


Do media managers sufficiently adhere to or apply the elements of journalism in the media houses they manage?

Generally speaking, media managers sufficiently adhere to or apply the elements of journalism in the media houses they manage. Some seek only wealth but true media managers enjoy improving their field.