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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
The Duties of a Project Manager are:
1. Communication
2. Negotiation
3. Problem Solving
4. Influencing
5. Leadership
Does statistical forecasting have any relevance to the real market demand?
I would recommend this article: http://www.dataperceptions.co.uk/forecastinginrealworld.htm Easier to hop over there than copy/paste the contents etc.!
A salon manager is responsible for the day to operations of the salon. Overseeing stylists, ensuring customers are happy, and the profitability of the salon are all key responsibilities.
1. its dependent on correctness of information.
2. limits the flexibility of course of action.
3. consumes lots of resources time and money.
4. often complained of curbing the human creativity
Advantages and disadvantages of exploratory research?
ADVANTAGES:
1) The purpose of exploratory research is to know the unknown
2) It narrows down the scope of investigation
What is meaning and importance of strategic analysis?
Strategic analysis is "the process of developing strategy for a business by researching the business and the environment in which it operates." It is important because it helps a business determine how it can reach its goals using available resources.
What is the treat of the business in SWOT analysis?
Threats in SWOT analysis refers to outside threats such as competition. On the other hand, weaknesses refers to internal limitations.
What are the roles and responsibilities of a factory manager?
Organised product flow chart with clear description of each associate tack on daily basis
Daily material flow input chart with What When , where & who data base report as to review ti keep the factory in flow towards product specification & to meet target dead line time.
Keeping eye on next 2 days factory input & orders plan.
Daily basis planned vs actual productivity plan with deviation & difference & action plan to meet the dead line plan as targeted.
Booking an order on the basis of factory capacity & Efficiency.
Presenting best features of the factory to highlights the factory positive atmosphere to attract customer for longer term.
Production & shipment planning as planned for the factory to meet management turn over plan.
Coating plan as budgeted of the factory & production plan to meet the same.
What is the concept of logistics management?
Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements
Leadership can be best defined by a contrast with management. Takala (1998) says, "Managers allocate resources for the benefit of an institution. In essence, all employees perform this action in one capacity or another. "Leadership on the other hand, focuses on the creation of a common vision. It means motivating people to contribute to the vision…It means persuading, not commanding" (Weathersby, 1999, p. 5).
"There is a profound difference between management and leadership, and both are important. To manage means to bring about, to accomplish, to have charge of or responsibility for, to conduct. Leading is influencing, guiding in a direction, course, action, opinion. The distinction is crucial." (Warren Bennis)
Corollary by Bob Sutton: "To do the right thing, a leader needs to understand what it takes to do things right, and to make sure they actually get done."
What are the five functions of management?
1. Manpower 2. Money 3. Mission 4. Media 5. Market
1. Planning- If management does not implement a plan the only plan that he can guarantee a poor performance. Planning gives management the ability to logically come up with different strategies to make sure that the project ends in success.
2. Organizing- In order to make sure that your plan is a success you have to make sure things within the company and the plan are properly organized. It takes three forms of resources to get results; human, physical, and financial resources. In doing this it gives management the ability to access each role that takes place in the company, how to properly make sure the efforts are being optimized and assessed properly, and making sure that the funds will be allocated correctly.
3. Staffing- Now that the structure is properly put together then we have to have employee's to carry out the plan. This is also known as human resource management. In this concept management will be devoted to properly acquiring, training, appraising, and compensating their employee's. Your employee's are what give your company a competitive edge.
4. Directing- Is the ability to get your employee's to achieve the goal's of the company in the most effective and optimal way.When you are directing, it gives you the ability to convert plans in performance.
5. Controlling- This function will be the last task that management will do. This will allow supervisors to be able to check the performance of the employee's to make sure it correlates with the input (plan) and output (performance).
What are the role and reporting alternatives of management information systems?
ROLE
· The role of the MIS in an organization can be compared to the role of heart in the body. The information is the blood and MIS is the heart. In the body the heart plays the role of supplying pure blood to all the elements of the body including the brain.
· The MIS plays exactly the same role in the organization. The system ensures that an appropriate data is collected from the various sources, processed, and sent further to all the needy destinations. The system is expected to fulfill the information needs of an individual, a group of individuals, the management functionaries: the managers and the top management.
· The MIS helps the clerical personnel in the transaction processing and answers their queries on the data pertaining to the transaction, the status of a particular record and references on a variety of documents.
· The MIS helps the middle management in short them planning,target setting and controlling the business functions. It is supported by the use of the management tools of planning and control.
· The MIS plays the role of information generation, communication, problem identification and helps in the process of decision making. The MIS, therefore, plays a vita role in the management, administration and operations of an organization.
Management Reporting Alternatives
MIS provide a variety of information products to managers which includes 3 reporting alternatives:
1. Periodic Scheduled Reports
2. Exception Reports
3. Demand Reports and Responses
Management Reporting Alternatives
1. MIS provide a variety of information products to managers which includes 3 reporting alternatives:
2. Periodic Scheduled Reports: E.g. Weekly Sales
Analysis Reports, Monthly Financial Statements etc.
3. Exception Reports: E.g. Periodic Report but contains
information only about specific events.
4. Demand Reports and Responses: E.g. Information
on demand.
Formal planning tips 4 months before Make a budget, First start by making a list of all the thing that you need to buy e.g. dress hair and makeup, span tan etc and descie on a limit that you want to spend on each item after you have done this total it and see if this is in your budget if not see where you can cut back if it is in you budget make sure that you stick to. The dress Decide if you want to get your dresses make or brought from the store, if your getting it make you will need to choose a design and you like look at red carpet dresses and in magazines. When choosing a dress maker, talk to friends or family, see if they know of anyone make sure that you clearly now what you want to get make so there is no confusion between you and the dress maker. If you're buying a dress for a store you may want to consider hiring as you will be able to get a more expensive dress and you only really every where your formal dress once or twice so it might be cheaper. Look at boutique stores otherwise you make have the same dress as some else. 3 months before As now you know what your dress is going to look like or you have brought it, you will need to buy some shoes make sure that they are going to be comfortable enough to wear them all night and that they go with your dress. Go to outlet stores as formals are usually in the winter, so you make be able to pick up a bargain when buying your formal heels. Also buy jewellery it doesn't need to be expensive there are many store that you can buy earrings any necklaces for under $40 so shop around. You will also have to book your beauty appointments, see if there are any formal packages or if you go with a few friends you may be able to get a discount. Make sure that you makeup artist has had lots of experience, and it will any way better if you can get your hair and makeup done at the say place otherwise it is very had to coordinate them both, book these so you will have enough time to be at the formal your pre drinks on time but you don't want to have your make up done too early so you should have it done about 3 hours before the formal or pre drinks hair and makeup will take about 1 ½ hours , then after you will have time to change into you dress put on jewellery and get some photos at home. 2 months before Talk to your friend if there is going to be any pre drinks at someone house , this is where all of your friends and parents will go to someone house for photos , you should also decide if you're going to get a limo to you formal if your are decide the amount of people coming to the pre drinks so you will know how limos you will need if you need more than one ask for a deal, look on website and see what like to limo you would like and when booking clear tell them the limo that you want. If you have got your dress made for you, while it's get made try it on a few time to make sure it's what you wanted. 1 month before Call all the places that you have make appointment will and confirm with them times, your dress should be ready by now so try it on with your shoes and jewellery start looking at hair and makeup style so you know what you want on your formal day. 1 week before Make sure that you know where you're going for pre drinks if you are, what time your appointments are. On the day Sleep in , get all your thing ready but you go to your appointments so that when you are getting ready will not be running around getting all your thing ready at the last minute.
What are advantages and disadvantages of strategic management review?
A strategic management review forces careful analysis to be made. However, the process has to be done regularly to avoid costly mistakes for a company.
From the start of time? Everyone has to manage themselfs and others around them.
What is the management definition of a organition?
Management in an organization is the art of coordinating and guiding the efforts of employees to attain goals using the available resources efficiently. It consists of planning, controlling, staffing, organizing and leading.
What are the modern approaches of psychology?
There are many new and modern approaches that are taken towards psychology. People do a lot of observation and careful question asking for example.
What are the basic consideration in organization?
The basic considerations in organization would refer to the goals and objectives of a company. These include having human resources, establishing the core business, having a budget in place and so much more.
What is quantitative approach?
A quantitative approach is always dealing with a quantity or numbers of some sort to prove a point. With the use of quantitative approach we improve our decision making power. It is especially useful in planning and control.
What are the answers for ICS 100 questions?
Organizations are encouraged to establish procedures to ensure completion of the examination is an individual effort. Personnel within an organization who feel that test answers are being improperly provided should follow their organization's measures for reporting unethical conduct. If a student is found to have cheated on an exam, the penalty may include--but is not limited to--expulsion; foreclosure from future classes for a specified period; forfeiture of certificate for course/courses enrolled in at NETC or NTC; or all of the above in accordance with NETC Instruction 1100.1. A letter notifying the student's sponsoring organization of the individual's misconduct will be sent by the appropriate official at NETC.
Principles of home management?
1. Everyone is responsible.
As a part of the family everyone is obliged to do the assigned task. It is inapt to only rely on the mother who is usually shared with the biggest workload. If everyone takes responsibility and helps, home management will be effective.
2. Make it simple.
One or two house works can be enough to execute in daily living. It makes one feel useful in accomplishing something productive. But remember that too much of something is bad and so with too much work. It makes one feel tired and might give the feeling of frustration if not done.
3. Have fun.
Maintain a positive thought to make the work at ease. Loving what is being done will promote an acceptance of natural responsibility. It keeps one feel motivated and every accomplishment is worth the fun.
4. Define a pattern.
Imagine a house without any of the member doing any job. At the end of the day everything will turn out a mess and there will be no peaceful atmosphere to make it a comfy place to live. But if everyone does even a small task, a pattern clearly set, the day will end with an organized house to make it a home.
5. Set an example.
Usually the parents set themselves as an example. But one can also practice being a role model for the rest to follow. It is not a good idea to count who is doing what and what is to be done by who. It needs cooperation to build a house and a home.
