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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 growth strategy did Anthony Burgmans implement when he was vice chairman of Unilever PLC?

After becoming vice chairman with Niall FitzGerald of Unilever PLC in 1999, Burgmans helped implement the company's radical "Path to Growth" strategy.

What is Gordon Bethune's management style?

Cooperation at all levels of an organization, Bethune contended, is essential to smooth operation and effective management. "And the only way you're going to get that [help] is to openly acknowledge and appreciate the contribution of others

What are disadvantages of tall organnization structure?

Advantages of tall Organisations

Disadvantages of tall Organisations

  • There is a narrow span of control ie each manager has a small number of employees under their control. This means that employees can be closely supervised.
  • The freedom and responsibility of employees (subordinates) is restricted.
  • There is a clear management structure.
  • Decision making could be slowed down as approval may be needed by each of the layers of authority.
  • The function of each layer will be clear and distinct. There will be clear lines of responsibility and control.
  • Communication has to take place through many layers of management.
  • Clear progression and promotion ladder.
  • High management costs because managers are generally paid more than subordinates. Each layer will tend to pay it's managers more money than the layer below it.

What is the difference between fifo and average method?

In Fifo method stock and price of material is used as per first in first out basis while in average cost method all materials cost is merged and calculated the average price of units of material and that price is used. In average method there is no difference between what material was already in stock and what have come in stock later.

When was the Malcolm Baldrige National Quality Award launched?

The Malcolm Baldrige National Quality Improvement Act was signed into law on August 20th, 1987. Malcolm Baldrige died in a rodeo accident in a rodeo accident on July 25th, 1987, 26 days earlier. Although the Award was established in the fall of 1987, the first Awards were not presented until 1988 to Globe Metallurgical, Motorola and Westinghouse Electric Corporation Commercial Nuclear Fuel Division.

Why delegation of authority is necessary in organizations?

1.to save time

2.to help succession planning

3.to effectively utilise resources (time & money)

How do business formulate their policies?

every organisation has to take care & beware of internal & external factors:

internal are company specific- SWOT

Strengths

Weakness

Opportunities &

Threats

external are: SLEPT:

Socio cultural aspects

Legalities

Economic landscape

Political considerations

Technological landscape

Is diffusion through ion channels a form of active transport?

Facilitated diffusion, or diffusion through ion channels, is not a form of active transport. It is a spontaneous passive transport.

What is a unclear project objective?

the unclear project objective is which is never contain open explaining about the main output as well as the main goal also and it can't be integrate with the other objectives.

Why is strategy important in management?

strategy is to solve the problem: where we are? where want to go? And how we get there? Without the strategy, aimless in management.

What is BUTRUD in the subject of Entrepreneurship?

BUTRUD is short for Business Trial Run Design. I can't figure out what it means, but has something to do with the product of your business. Hope someone can improve this answer.

Why do people promote?

People do promotion to grab user's attention towards their posted content such as music, video, image etc.

What are the roles of Project Integration Management in a project?

Project integration management

Provide solutions to meet changing project needs

Coordinate processes to accomplish the project's objectives in a methodical way

Effectively managing resource allocation

How culture affects the management functions of planning leading organizing motivating and controlling?

Manager is effect with culture, e.g abc company's culture is company achieve its goal through teams then the manager have to make plans and policies according to this culture.

other example is that if a company duration time is limited for a job then a manager can't give extention to a particular persons because it is a culture

What makes decisions effective?

The best executives make decisions, even if the wrong one. Without making a decision an executive is useless. The key is to make more correct decisions than wrong ones. When a wrong decision is made and discovered wrong, it can than be corrected. The best executives are the ones that can make decisions fast with a high degree of correctness. The worst executives are the ones who can't make decisions or are slow, and when they finally do make a decision, they are mostly wrong.

What are the main duty of a field based sales repersnatitve?

the main duty of a field based sales representitive when you are following the sales objectives SMART and SMAC