Management and Supervision

There is a tendency to believe that managers and leaders are "born" with the temperament to lead and succeed, but conversely the only way to become proficient is through experience.

Many organizations develop both a mission statement and a vision statement. Whereas the mission statement answers the question, "What is our business?" the vision statement answers the question, "What do we want to become?" Both the vision statement and the mission statement ensure unanimity of purpose within the organization and make important statements about "who the firm is" and "what it wants to become" to outside stakeholders.

Named after Henry Gantt, who developed and popularized this form of project planning on the west.

Mr K

Persistance, Patients, goals, Good judgement, creativity, sacrificial attitude, education, positive character, and a passion for what you do.

Initial distribution, execution, execution plan, end-of-year closeout

i don't kow can you answer the question

external stakeholders of a business are government, local, community, pressure, groups and the media.

The type of hierarchy in an organization affects the span of control. It also affects how employees communicate to senior managers.

A national company with many operating units must buy goods and services from a range of suppliers and sources.
In some cases there are economic and practical advantages to having all purchasing done by head-office. This is called centralised procurement. An example of this might be printed stationery, where head office decides the styles, identifies the best source, and makes a contract with one supplier. In this way they benefit from (a) bulk buying bargaining power, and (b) harmony of image throughout the country.

Decentralised procurement delegates the buying responsibility to regional offices. In this way their scattered divisions have relative autonomy.

There are pros and cons re centralised v. decentralised. Often it is found that some procurement needs are best dealt with centrally, and other matters are best left to the local offices to handle.

I don't know. ok.

The importance of social media is a new trend businesses must leverage to connect with customers. Social media will continue to be a big challenge for businesses in the future.

a president

The scope and relevance of planning in the present economic turbulence is to help the government have a better view of the situation. Through planning, the government can set attainable goals, work on it, monitor its progress, and achieve its economic strength.

managers get indication on how to manage an organization. The principles enable managers to decide what should be done to accomplish given tasks and to handle situations which may arise in management.

scope of corporate social responsibility

Frederick Winslow Taylor is the author and not the creator of the scientific management. Scientific management was one of the earliest attempts to apply science to the engineering of processes and to management.

It's a military term used to refer to checking with the people in charge of you. In most cases it's your first line, section NCO (for us non-combat arms guys) the 1SG, then SGM.

But in some cases chain of command can apply to the task rather than the person.

(Also if people say something about chain of command, they are 7/10 times just blowing you off.)

The business environment is unpredictable. An organization that does not have contingency plans in place to cope with the changing conditions is gambling on the operating landscape remaining constant. History shows that such a gamble has very poor odds.

managerial accounting

Manufacturing Cost: These are those costs which are directly involved in manufacturing of product or service. It includes

Direct Material
Direct Labour
Manufacturing Overheads

Non Manufacturing Cost: These are those costs which are not incurred for manufacturing of product. It includes

Selling and marketing expences
Administration expences

Project scheduling suffers because project managers can't coordinate their resources appropriately. Another reason project scheduling suffers is the fact that the project manager is ineffective.

it tells the organisation and system statues, how they improve a organisation through MIS? and how much they earn it from the customer.

Self management is doing things to keep yourself healthy and safe like brushing your teeth, flossing, and wearing a seat belt.