answersLogoWhite

0

🏢

Management and Supervision

Management is making a business run efficiently and strategy is making sure that you are in a great position not only for today, but in the future.

4,076 Questions

What does controlling functions of management involves?

By observing and studying financial statements, managers can understand the status of the business and adjust activities where necessary to contribute toward the achievement of the business goals

What are the difference phases of decision making?

According to Simon (1977), Intelligence, Design, And Choice, known as IDC are the phases of Decision making process. In the intelligence phase, decision situation is studied, figure out severity of problem, ownership of the problem.

In the design phase, design of solutions for the problem is created. In the choice phase, one of the best solution from the different designed solutions are selected.

Why staffing is ongoing process?

Staffing is an on-going process because once someone is hired they need to be on-boarded, trained, managed and evaluated. There are also policies and processes related to how and where people work and what laws govern that work. Since things tend to evolve and the needs of people and companies change, staffing is an ongoing process.

Which of the levels of management spend most of their time working with the supervising the employees who report to them?

First-line managers spend most of their time supervising the employees who report directly to them. They are responsible for day-to-day operations and ensure that tasks are completed efficiently. This level of management focuses on overseeing staff performance, providing guidance, and addressing any immediate issues that arise in the workplace. Their direct interaction with employees is crucial for maintaining productivity and morale.

What are three basic levels of management that can be identified in most organizations?

Three basic layers of management are usually some version of front line supervisors, middle managers and executives. The front line supervisors are the direct supervisors of line staff. The managers are responsible for supervising the front line supervisors. The executives are the direct supervisors of the middle managers and also the leaders of the company.

What style of conflict management attempts o force a solution on the other person?

The style of conflict management that attempts to force a solution on the other person is known as "competing" or "forcing." In this approach, one party seeks to dominate the situation and impose their viewpoint or solution, often at the expense of the other party's interests. This style is typically assertive and uncooperative, prioritizing one's own goals over collaboration or compromise. While it can be effective in certain situations, it may also lead to resentment and a breakdown in relationships if used excessively.

What is correct guiding principle composite risk management?

One of many correct answers to this question is "none of the above." When you ask "which of the following" without including anything to follow, you post a question that has little value. If you want a meaningful answer, post a meaningful question.

What is a hierarchical structure?

A hierarchical structure is one in which there are well-defined levels of authority, with each person subordinate to superiors and/or in charge of underlings.

What are differences between strategic management and strategic management accounting?

Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.

What do you understand by administrative theory?

Administrative theory refers to the set of principles and concepts that guide the management of organizations. It focuses on the study of how organizations are structured, how authority and decision-making processes are delegated, and how to improve efficiency and effectiveness in achieving organizational goals. Administrative theory is often associated with renowned scholars such as Henri Fayol and Max Weber.

What is the difference between sales manager and regional sales manager?

A sales manager is person who is responsible for leading and guiding a team of sales people in an organization. They set sales goals, build a sales plan, analyze data, assign sales training and sales territories, mentor the members of sales team and are involved in the hiring and firing process. Sales managers responsibilities vary with the size of the organization they work for. However, most sales managers direct distribution of goods and services by assigning sales territories, setting sales goals and accomplishing training programs for the sales representatives. Sales managers work closely with managers from other departments of the organization.

What does a Sales Manager do?

Oversee regional and local sales managers and their staffs

Resolve customer complaints regarding sales and service

Prepare budgets and approve budget expenditures

Monitor customer preferences to determine the focus of sales efforts

Analyze sales statistics

Project sales and determine the profitability of products and services

Determine discount rates or special pricing plans

Plan and coordinate training programs for sales staff

A regional sales manager is a person who harmonizes and administers the transaction of a company's goods and services transversely a specified physical region. He or she may be responsible for judgment of new clients or buyers in vicinity, distributing promotional items and advertisements, managing a group of sales representatives and performing specialized customer service. A successful sales manager must have tremendous communication and problem-solving skills, comprehend the cost-effective principles of contribute and stipulate and be competent of making important decisions.

What is easternisation of management?

Japanese industry has shown its superiority in a range of traded goods sectors.

Benchmarking is the process of comparing business processes and outcomes to an industry standard or best practice?

The answer would depend on the goal. If your company is consistently performing below the industry standard, the standard might be your goal. If you are performing at that standard, the best in your field might be the goal. The idea of benchmarking it to know where you are and to set a goal to where you'd like to be. A best practice is not usually a benchmark but a plan, process or policy that improves the organization's capacity, systems and quality.

What are the three things motivation theory have special relevance for management?

Motivation theories are crucial for management as they help in understanding what drives employee behavior, enhancing productivity and job satisfaction. They provide insights into designing effective incentive systems that align individual and organizational goals. Additionally, these theories guide managers in creating a positive work environment that fosters engagement and retention, ultimately leading to improved performance and reduced turnover.

What is different between management and organization?

Management is the process of cordinating organasational recourse together using the management functions which are planning, organising, leading.

What is the difference between a Corporate CEO and an Entrepreneurial CEO?

In general terms, a CEO in the corporate sector is deemed to be the Chief Operating Officer of an established company. When speaking in terms of Entrepreneurial terms, this generally is a situation in a new "start up" enterprise.

Which conflict management method as an agreement between parties about what eaaach should give or get in a particular situation?

Its called Compromising where the two parties involved in the conflict give & take to come to a common ground in the middle. There are other conflict management styles which are:

  1. Confronting
  2. Collaboration
  3. Accomodation
  4. Avoidance

What is trainee management?

someone who is being trained for the management Posesion.

How can supervisors develop rapport with their employees?

They can listen to them and try to see things from their perspectives. They can ask questions and get to know them on a personal level, and then make sure to remember those things. They can also respect employee's lives outside of the workplace, and communicate about things that the employees would appreciate knowing, where appropriate.