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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

How does a customer influence and Impact a organization?

The influence an individual customer has on an organisation depends on the size of the customer, the size of the organization and the ease with which the customer could replace the service or product the organization provides, among other things. Basically the organization has to provide a satisfactory service or product to its customers, or risk bankruptcy.

What are the limitations of PERT?

PERT/CPM suffers mainly suffers from a main issue is that when the network becomes very big (eg containing hundreds of activities) it becomes almost impossible to handle (printing, reading, etc...).

Comparing CPM to CCPM we discover that CCPM has a better utilization of project resources, among other advantages.

Types of international business?

types of international business..

1. Countertrade

2. Direct Investment

3. Franchising

4. Multinational Firms

5. Offshoring

6. Joint Ventures

7. Outsourcing

8. Importing

9. Licensing

10. Contract Manufacturing

11. Exporting

What Is Technical Project Risk?

Technical Project Risks are risks that have nothing to do with management, politics, etc... They have to do with the technical site of the project, for example, a project consists of an online software that has to run on all browsers. The programmers were able to make this work, except for one browser that doesn't have a built-in functionality to support the code, so they have to rewrite some of the code to accommodate this browser, this is a technical risk.

What is the difference between physical versus logical data modeling?

Logical data modeling is the exercise to document and define the relationships between data elements. Typically, it involves

# identifying entities (e.g., "customers", "orders") from the business environment # identifying how specific instances of each entity are differentiated from other instances, the logical key (e.g., "customer_id", "order_number")

# grouping together other attributes that describe the entity (e.g., "customer_address", "ship_to_address") AND which can also be uniquely determined based on the entity's key # finally, documenting the business rules (relationships) between the entities (e.g., "a customer may place one or more orders", "each order must be placed by exactly one customer") Note that logical data modeling does not consider any physical representation of how the data will be stored and it doesn't attempt to anticipate or correct any performance issues that may arise during implementation.

Tasks such as these occur during the physical data modeling phase. At this point decisions will have to be made about data storage (Oracle relational DB, VSAM files, JMS message stores, etc.). Considerations for how the data needs to be accessed, combined ("joined") and the performance characteristics of the intended deployment environment will be documented.

Taking the purely logical entities, attributes and relationships, the physical modeler makes (and documents the reasons for!!!) altering the logical model. One-to-many relationships may be "denormalized" into the "one side" of the relationship, forming a repeating group (e.g., collapsing "a customer may have multiple phone numbers" into just a "customer" entity with attributes of "home_phone", "work_phone", "mobile_phone", "fax_phone").

Decisions about where to place the data (same database? different databases on different servers?) as well as partitioning, archival, purging plans have to be done within the constraints of the business requirements.

Oddly enough, logical data modeling is more of a science and physical modeling is more of an art in that two business analysts can discuss the logical model and resolve most differences of opinion logically (so to speak) by providing real-world examples that would negate a particular representation. Physical database design is not so precise, however. The modeler must know (or anticipate) a number of things about future uses of the data and about the characteristics of the particular database management system, programming language(s), communication channels, etc. Many assumptions go into the creation of a physical model. How well that model will eventually perform depends, in large part, in the quality of those assumptions.

What is a CTO?

A chief technology officer, also known as a chief technical officer or chief technologist, is an executive-level position in a company or other entity whose occupation is focused on the scientific and technological issues within an organization.

For more visit - conceptcatalyst.co

What is Unity of Direction?

Concept that one manager and one plan for a group of activities having the same goals are essential for effective management

Difference between administration and management and organisation?

Nature of workAdministration: It is concerned about the determination of objectives and major policies of an organization.

Management: It puts into action the policies and plans laid down by the administration.

Type of functionAdministration:It is a determinative function.

Management: It is an executive function.

ScopeAdministration:It takes major decisions of an enterprise as a whole.

Management: It takes decisions within the framework set by the administration.

Level of authorityAdministration:It is a top-level activity.

Management: It is a middle level activity.

Nature of statusAdministration:It consists of owners who invest capital in and receive profits from an enterprise.

Management: It is a group of managerial personnel who use their specialized knowledge to fulfill the objectives of an enterprise.

Nature of usageAdministration:It is popular with government, military, educational, and religious organizations.

Management: It is used in business enterprises.

Decision makingAdministration:Its decisions are influenced by public opinion, government policies, social, and religious factors.

Management: Its decisions are influenced by the values, opinions, and beliefs of the managers.

Main functionsAdministration:Planning and organizing functions are involved in it.

Management: Motivating and controlling functions are involved in it.

AbilitiesAdministration:It needs administrative rather than technical abilities.

Management: It requires technical activities

Management handles the employers.

Administration handles the buisness aspects such as finance.

What is method study?

Process of determining the most effective way of performing a particular job; while ensuring that the processing of job is accomplished within time and in a most cost-effective manner by analyzing,Logical layout of manufacturing facilities,

Smooth movement of work-force & material,

Followed by proper inspection.

By: Prof.S.S.Khullar

How will a Manager plan the various activities in his organisation?

There are 9 knowledge areas and 44 processes that a manager has to take care for successful project execution

Difference Between a Project Manager and Project Leader?

Each project manager may have one or more project leaders reporting to him. A project leader is someone who leads and manages a small team and ensures that all pieces of work assigned to his team is delivered on time and in quality. He may provide suggestions on the overall project goals but his role or authority is restricted to the chunks of work he is assigned by the project manager. The project manager in turn has multiple leads reporting to him and has to ensure that the work packets delivered by the individual teams are integrated and delivered as one project to the customers.

What attributes can you bring to this company?

This is a common interview question. You could say, 'My great customer service skills, my commitment to being a team player, my passion for this company, or being detailed oriented.'

What is the purpose of an organization?

The purpose of an organization is to accomplish the goals and objectives as indicated within the organization's vision statement. The mission statement will indicate how they plan on reaching those goals and objectives.

Responsibilities of project manager?

The responsibilities of the Project Manager include

- Designing and Applying a PM framework for the project

- Create the Project Plan

- Assign Resources

- Report to stakeholders

- ...

What is management. Explain with examples?

management is they way that a person or persons handel, cope and lead a certain enviroment. like how a manager manages's a retail store.

How does an organization act as brain metaphor?

To fully understand Organizational Metaphors, including the brain metaphor, you should probably invest in an executive edition of "Images of Organization" by author Gareth Morgan. The internet does not present much solid research on this topic and the chapter devoted to the Brain Metaphor is best represented in the book. You can also get some preliminary information from the following sources: www.espen.com/papers/orgbrain.htm www.imaginiz.com Both of these sources have assisted me in graduate research projects. Best of luck!

What is the meaning of figurehead role?

A figurehead role refers to the activities of a person who is the head of an organisation but does not have actual power within the organisation.

An example of a figurehead is Queen Elizabeth II, - she is the head of state of the United Kingdom - she opens Parliament, and meets foreign dignitaries but plays no part in the government of the UK.

What are the qualifications for a project manager?

- Direct project team

- Use his/her knowledge to solve problem

- Be an excellent communicator

- ...

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Gaining a professional qualification from an approved body can help, e.g.

  • http://www.apm.org.uk/
  • http://www.pmi.org/Pages/default.aspx
  • http://www.prince2.com/