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 are the factors affecting business research?

In business there are so many factors that are considered. So in the case of research one has to:

- Money. Some researches do require materials; printing, photocopying, phone bills etc.

- Have contacts for instance web address which will serve as a guideline on how to start the research.

- Know the field that you intend to research about a little more before you hear about it from the Internet or people.

- Design questionnaires that will consists of opinions, pros and cons of the subject/field intended to be researched on (most people don't how to go about this and it can prove difficult).

- Traveling/commuting from place to place in order to get adequate information.

Should executives try to control projects to maintain their position of authority Do they have a right to control projects and keep in the loop on important decisions just so they can remain in charge?

You are making an inference about the motives of the executives in question, that they try to control projects just to remain in charge, which may or may not be valid; you do not necessarily know what they are thinking or what all of their motives are. It is true that some people exercise power just to make themselves feel important, while others are sincerely trying to do a good job and to fulfill their actual responsibilities. Executives do have responsibilities, that is why they exist. Share holders would not be paying their (often excessive) salaries if executives did not serve some actual function. If you, as a person who is running some kind of project, believe that your work is being interfered with by power mad executives, perhaps you should form your own company in which you will be completely in control of your own work. Or, you can appeal to even more senior executives, or to the board of directors or to the shareholders, to overrule the meddlesome executives. Those are some of the options.

What degree does CEO must have?

20% of the top 500 CEO have an undergraduate engineering degree

Why must a balance exist between project management processes and product-oriented processes?

It is pointless having the best project management processes (e.g. Project Management Plans, Schedules, EVM Techniques, Risk Registers), if you neglect the product processes (e.g. Design Reviews, Agile development cycles, Repair and Overhaul Strategy, Training and adequate Product Documentation, Obsolescence Strategy, Future Enhancement Roadmaps), because you will get to the end of the project ticking all the project deliverables but chances are not having a certified or approved product to give to your customers. Conversely, putting all the effort into developing and designing products without considering project management processes can lead to other problems (e.g. engineers adding wish-list or nice to have capabilities, project overspends, issues associated with lack of contingency planning and mitigation actions, project overspends and delivering late to market). Ideally, projects should have a Project Manager and a Lead Engineer, who work in harmony to deliver the right product, at the right price, at the right time to the right quality. This can only be achieved if a balance occurs between the project and product processes. Over emphasis on one, often leads to an under emphasis on the other.

What is fire management?

This is how fire is controlled from cradle to grave in all areas of fire outbreak.

Is the presence of a wild turkey in the top management team a particularly negative force?

Not particularly. A "wild turkey" or devil's advocate can provide valuable alternative perspectives.

What is the importance of competitors within firms?

it is to improve the competency of all firms in providing goods and services to the general public.

How project management can be applied to a project?

Project management can give a structure to how a project is completed. The larger the project, the more likely that a formal project management process or set of processes would be helpful. There are multiple project management methodologies, with the two basic categories being "waterfall" (everything is planned ahead of time, then all the supplies are acquired, then the development begins, then the testing phase, etc.), or "agile", where the project is created in an iterative cycle. For example a small software program is written in a couple weeks, then it is examined to see if it does what the customer wants, then it is expanded, then checked again, and so forth, in a pattern of continuous improvement.

Why building is important when you build a business?

1. Have fifth teen ppl helping u make it

2. Have a name for it 3. Put it on a tv show 4. Make sure its in a safe plc 5.keep the money in a safe plc it cant be taken 6. Have four police in it 7. Have big rooms 8. Think about what kind of job i will be 9. Make a parking spot 10. Have 42 workers 11. Have 42 workers for the job 12. Age over twenty five 13. Have a boss 14 have a person for when they walk in so they can work at the job to eppliy thats all i can say and guess what im a kid

Why decline stage come in the product life cycle of product?

Products reach a decline point for various reasons but one example would be the typewriter. When first introduced, it represented a huge step forward in terms of producing written documents for the mass market and became very popular around the world. With the arrival of desk top computers and home printers at affordable prices, these began to become mass market products which could offer many advantages over typewriters such as document management, spell-checking and variable print outputs leading to a decline in the popularity of typewriters. Whilst there remain those who still prefer their trusty typewriter, they are a small and dying market and the premium price now required in such a small market, the end is clearly in sight. The same principle applies to most products. If a competitor introduces a faster, cheaper, more fashionable design, sales can decline rapidly and may never recover without innovative counter measures such as product redesign and relaunch.

How can human resources information system help in developing human resources planning?

meaning of human resources management means;hr should control the whole employees or workers who work in that company or firm planning should be planned in time so all the situation will be runs in best way and company will get good named by accepting the orders of hrm all the employees should be in time to work they shoul be concentret in their jobs

What difference between area sales manager and regional sales manager?

Regional sales managers usually cover a larger area than area sales managers.

In some organisations a number of area sales managers will report to a regional sales manager. Each area manager is responsible for his area but the regional manager is responsible for the performance of the region as a whole.

In other organisations job titles can be quite arbitrary and of no real significance.

Which of the following are NOT FRG Leadership Goals?

Promote readiness and retention through family readiness, and Never change the course are not FRG Leadership goals.

What is the difference between Product Management and Operations Management?

Product management in many cases involves a single line of products within the larger corporate framework. The product managers are tasked with making sure the procutes they are responsible for are manufactured or purchased economically, shipped, delivered, sold at a profitable price. An example would be within the old Borden corporation there were separate product management groups that dealt with Cracker Jacks and Elmers' glue products.

Operations management deals with the infrastructure that enables the product managers, development managers, research managers, accounting managers and all of their staffs to do their work. Operations often will be the ones who provide the desk, the buildings, the telephones, computers, janitor services, security and on and on.. Sometimes the definitions change and operations will be the group directly responsible for the product, especially in a service business. Sometimes operations will be split into other areas, facilities, IT, food service, etc.. The definitions are flexible and unique to each company.

How does management accounting facilitate the carrying out management function?

Management accounting is largely used in the manufacturing industry and looks at the various cost items to manufacture a product. Budgets are set beforehand for the various cost items (direct materials, direct labour, factory overheads etc). These are then compared to the various actual costs incurred.

It provides management with a planning tool for the future, to allocate more precise budgets, but it also provides management with a monitoring and measuring tool to see which areas of production are running efficiently, where cost cutting can be done, where efficiency needs to be increased, what wastage is, what the cost of wastage is etc.

As you can see it is very important for manufacturing businesses to use this type of accounting, because when the costs of manufacturing can be held as low as possible, there will be either a larger profit margin for the company, or the company will be able to hold the sales price down, which may be attractive for consumers purchasing the product.