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
Define the concept of synergy and how it relates to management of organizations?
The concept of synergyis at the core of resource-based thinking, dating back to Edith
Penrose's seminal contribution. More specifically Penrose (1959), without using the actual
word though, was concerned with two forms of synergy: the possibility of sharing particu-
larly managerial resources, which is brought about due to inevitable indivisibilities of
resources, and transfer of excess (and limitedly tradeable) resources. According to Porter
(1987) those are the only kinds of synergy available to firms, but this paper will hopefully
make it clear that his conception is too narrow in scope.
Different approaches to management and theories of organisation used by two organisations?
Classic - Weber's model of strict defined jobs - no peaking at the other guy. Formal hierarchy. Formailty, formality, formality. Rules, rules, rules.
Bureaucratic - Social stability through slow change example: Military and see movie Brazil
Humanist - People first - A. Maslow and his people needs
So they can get whatever they want efficiently. To detect and address potential problems. To keep things under control.
Green management refers to the practices and strategies that organizations adopt to minimize their environmental impact while promoting sustainability. It involves integrating eco-friendly principles into business operations, such as reducing waste, conserving energy, and sourcing sustainable materials. The goal is to balance economic growth with environmental responsibility, fostering a culture of sustainability within the organization. Ultimately, green management aims to enhance corporate social responsibility and ensure long-term viability for both the business and the planet.
A chart of the organization's net income after taxes over the past five years is an example of?
information technology
Internal elements that shapes business strategy options and performance?
1. The business culture
2. The business structure
3. The type of business
4. Technology
5. The ownership of the business
6. Size of the business
What do you understand by the term Strategy in the context of Business Management and policy?
What do you understand by the term Strategy in the context of Business Management and
Policy
What are the advantages and disadvantages of low-cost strategy?
The main advantages of low-cost strategy are that costs are reduced and this will increase the profit margins. However, there are disadvantage as well which may include having low quality on the output due to low investment cost.
Why you study business management?
An education in Business management will effectively prepare one to effectively address the issues concerning business, as well as make one to be proactive in the business field.
What are the directors' role as business administrators within a company?
Policy maker, decision maker and Oversight
The relationship between project management and general management?
General Management is considered to be a high level stakeholder when it comes to Project Management. Project Managers might report directly to General Management, or to executive managers/program managers who then report back to General Management.
If the future seems to be uncertain how can manager guard against costly mistakes?
c sir darwin ang tanungin mo....
What are the different Differentiation points available to airlines?
Some differentiating factors for Airlines include:
* Services
* Class of service
* Routes flown
* Price
* Rewards/Loyalty Programs
Who is the father of modern management theory?
HENRY FAYOL is the father of modern operational management theory.
Planning is looking ahead and control is looking back. justify?
Planning looks future of organization and makes policy for present situation of organization. If we secure present future will also balanced automatically.
Control is only for maintain 3M (Man,Money,Machinery) every firm wants to increase its resource than previous so they always looks back and makes controlling system stronger.
How Organization Theory support management?
Like all theory it arms management with best practices forged by historic studies or facts enabling them to harness experiences without going through those experiences first hand.
What are the theories of new public management?
New Public Management (NPM) encompasses several theories that aim to improve public sector efficiency and effectiveness by incorporating private sector practices. Key theories include the emphasis on performance measurement, accountability, and customer service orientation, reflecting a shift towards treating citizens as customers. NPM also advocates for decentralization and the empowerment of managers to foster innovation and responsiveness. Additionally, it promotes competition within public services, encouraging the use of market mechanisms to enhance service delivery.
How a manager manages internal and external environment of the organisation?
A manager manages internal environment of the organization by keeping track of all the departments of the organization. A manager manages external environment of the organization by keeping track of all the customers, competitions and economy.
Answer the question why. Why do organization need to be managed ?
Management has a huge scope in today's era and there is always need for efficient and successful mangers in each and every organization. Every department or firm needs a person with a sufficient know-how of his field with an extra skill of effective management to smoothly run the affairs of the company.
Most management principles are developed through experimentation?
Yes, management principles are developed through experimentation. Even in science most theories and laws are created with experiments. When experiments result in the same answer over and over they become acceptable principles.
Why do people study product life cycle?
1. To shorten the time needed for the product to hit the market without significantly lower the quality. 2. For capacity planning.
