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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

Why project procurement management is most important?

Because, in case of procurements, the work is done by a third party supplier and hence, proper management is extremely important if you want the work to be completed on time and in good quality

Explain the nature and scope of investment management?

what is investment-financial&economic-meaning of Investment-Investment &Speculations--Investment &Investment Gambling-Why Investment are important-Factors Favorable for Investment-Investment Media-Features of an investment Programme-The investment process-stages in investment

Nature of management?

Computer Skills Technology changes so rapidly it is often difficult to keep up with the changes. It is necessary for managers to have computer skills in order to keep up with these rapid changes. Many of the processes that occur in offices, manufacturing plants, warehouses, and other work environments depend on computers and thus http://www.answers.com/topic/necessitate managers and workers who can skillfully use the technology. Although computers can cause headaches, at the same time they have simplified many of the tasks that are performed in the http://www.answers.com/topic/workplace. Time-Management Skills Because the typical manager is a very busy person, it is important that time be managed effectively. This requires an understanding of how to allocate time to different projects and activities. A manager's time is often interrupted by telephone calls, problems with workers, meetings, others who just want to visit, and other seemingly http://www.answers.com/topic/uncontrollable factors. It is up to the manager to learn how to manage time so that work can be completed most efficiently. Good time-management skills can be learned, but managers must be willing to http://www.answers.com/topic/prioritize activities, delegate, deal with interruptions, organize work, and perform other acts that will make them better managers. Technical Skills Different from computer skills, technical skills are more closely related to the tasks that are performed by workers. A manager must know what the workers who are being supervised are doing on their jobs or assistance cannot be provided to them. For example, a manager who is supervising accountants needs to know the accounting processes; a manager who is supervising a http://www.answers.com/topic/machinist must know how to operate the equipment; and a manager who supervises the construction of a home must know the sequence of operations and how to perform them. Management ThoughtThere are many views of management, or schools of management thought, that have evolved over the years. What follows is a brief discussion of some of the theories of management that have greatly affected how managers manage today. Classical Thought The classical school of management thought emerged throughout the late 1800s and early 1900s as a result of the Industrial Revolution. Since the beginning of time, managers have needed to know how to perform the functions discussed earlier. The Industrial Revolution emphasized the importance of better management as organizations grew larger and more complex. As industry developed, managers had to develop systems for controlling inventory, production, scheduling, and human resources. It was the managers who emerged during the Industrial Revolution, many who had backgrounds in engineering, who discovered that they needed organized methods in order to find solutions to problems in the workplace. Classical management theorists thought there was one way to solve management problems in the industrial organization. Generally, their theories assumed that people could make logical and rational decisions while trying to maximize personal gains from their work situations. The classical school of management is based on scientific management which has its roots in Henri Fayol's work in France and the ideas of German sociologist Max Weber. Scientific management is a type of management that bases standards upon facts. The facts are gathered by observation, experimentation, or sound reasoning. In the United States, scientific management was further developed by individuals such as Charles Babbage (1792-1871), Frederick W. Taylor (1856-1915), and Frank (1868-1924) and Lillian (1878-1972) Gilbreth. Behavioral Management Thought It was because the classical management theorists were so machine-oriented that the behavioralists began to develop their thinking. The behavioral managers began to view management from a social and psychological perspective. These managers were concerned about the well-being of the workers and wanted them to be treated as people, not a part of the machines. Some of the early behavioral theorists were Robert Owen (1771-1858), a British industrialist who was one of the first to promote management of human resources in an organization; Hugo Munsterberg(1863-1916), the father of industrial psychology; Walter Dill Scott (1869-1955), who believed that managers need to improve workers' attitudes and motivation in order to increase productivity; and Mary Parker Follett (1868-1933), who believed that a manager's influence should come naturally from his or her knowledge, skill, and leadership of others. In the behavioral management period, there was a human relations movement. Advocates of the human relations movement believed that if managers focused on employees rather than on http://www.answers.com/topic/mechanistic production, then workers would become more satisfied and thus more productive laborers. Human relations management supported the notion that managers should be paternalistic and nurturing in order to build work groups that could be productive and satisfied. The behavioral science movement was also an important part of the behavioral management school. Advocates of this movement stressed the need for scientific studies of the human element of organizations. This model for management emphasized the need for employees to grow and develop in order to maintain a high level of self-respect and remain productive workers. The earliest advocates of the behavioral science movement were Abraham Maslow (1908-1970), who developed Maslow's hierarchy of needs, and Douglas McGregor (1906-1964), who developed Theory X and Theory Y. These theories are discussed in depth in other articles. Contemporary Management Thought In more recent years, new management thoughts have emerged and influenced organizations. One of these is the sociotechnical system. A system is a set of http://www.answers.com/topic/complementary elements that function as a unit for a specific purpose. Systems theorists believe that all parts of the organization must be related and that managers from each part must work together for the benefit of the organization. Because of this relationship, what happens in one part of the organization influences and affects other parts of the organization.

Decision making is a intellectual process-elucidate?

Decision making is indeed an intellectual process that involves various cognitive functions and mental activities. Here's an explanation of why decision making is considered an intellectual process:

1. Information Gathering: During decision making, individuals engage in information gathering to collect relevant data, facts, and insights about the situation or problem at hand. This requires intellectual abilities such as researching, analyzing, and comprehending information from various sources.

2. Analysis and Evaluation: Once the information is gathered, individuals need to analyze and evaluate it to understand the implications, identify patterns, and assess the potential outcomes of different choices. This involves critical thinking, logical reasoning, and intellectual skills to weigh the pros and cons and make sound judgments.

3. Problem Solving: Decision making often involves solving complex problems or addressing challenging situations. Individuals need to apply their intellectual capabilities to identify the root causes, generate creative solutions, and evaluate their feasibility. Problem-solving skills rely heavily on intellectual abilities such as conceptual thinking, pattern recognition, and analytical reasoning.

4. Mental Simulation: In the decision-making process, individuals mentally simulate the potential consequences and outcomes of their choices. They visualize scenarios, consider different perspectives, and imagine future possibilities. This mental simulation requires imaginative thinking, mental flexibility, and intellectual foresight.

5. Prioritization and Trade-offs: Decision making involves making choices and prioritizing options based on their relative importance and value. Individuals need to consider trade-offs, allocate resources, and balance competing interests. This requires intellectual abilities to assess the significance of different factors, make value judgments, and allocate resources effectively.

6. Reflection and Learning: After making decisions, individuals reflect on the outcomes and learn from their experiences. They evaluate the effectiveness of their decisions, identify areas for improvement, and adapt their approach accordingly. This reflective process involves intellectual self-awareness, introspection, and the ability to draw lessons from past decisions.

Overall, decision making is an intellectual process as it involves information gathering, analysis, problem-solving, mental simulation, prioritization, reflection, and learning. It relies on cognitive functions, critical thinking, reasoning abilities, and other intellectual capacities to navigate complexities, make choices, and achieve desired outcomes.

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What are the challenges facing modern managers?

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Explain 6 M's of management please help?

1. Man - Man in management is referred as a human resource.Even in the automated world no organization can flourish without human resource.For instance a aviation Industry may have automated aircraft still it needs flight crew to cater & assist the needs of their boarded air travelers.In terms of management recruitment ,selection ,training promotion ,grievances handling.payment of compensation gratuity ,termination of services are the few issues that have to be dealt effectively to retain the talent within an organization.

2. Material- Material is a basic ingredient in management be it a service industry or a product industry.Most of the industries locate them self nearby to the availability of material.For instance a mineral water factories In India are mostly located in the Himalaya where a fresh source of water ,which is also a raw material to these companies are available.Similarly services industries such as banking Insurance Hair Dressing Saloons etc. are located near its existing and prospective clients. Perishable products such as dairy products locate themselves where well connected transportation and distribution facilities are available.

3. Machine -Machine are the basic tools to produce goods or to generate services.Selection of an appropriate machine not only enhances efficiency but also saves times and increases revenue.Tailoring the requirement of the organization,Selections of a right technical machine and equipment,availability of spare parts, evaluation of after sales services,substitutes and technology and the organization budget are the crucial criteria while purchasing a machine.Maintenance and overhauling issues along with its life span also cannot be overlooked.In service Industry Technology matters a lot these days we are having Computers & peripherals as a major machine to serve the service clients.

4. Money- Money issue in management involves right from where an enterprise is established and the owner brings money in the business.Various long term and short term sources of finances are determined ,Loans and advances are taken management is done to meet day to day business requirements and the funds involved in meeting those requirements are known as working capital.Investments in assets patents are done and proposals are screened according to the pay back period. In payback period only those investments are preferred which returns the invested money in less time span.Similarly there are other criteria of evaluating investments such is Internal Rate of Return where only those investments are selected which has higher returns. Similarly proposals are also screened on the basis of Net present Value which asserts that a value of a rupee will worth a penny tomorrow.

5. Method-Every thing has a right way to do and this right way is known as a Method in management .In short it means an art of doing.A set of procedures and instructions is known as a method.For instance to obtain a credit card a customer follows a following series of steps filling a credit card application ,attaching required documents and submitting to a bank representative.while processing the credit card application The form filled by the a customer is checked.Documents are verified and customer verification is done . credit card is dispatched by generating pin to a courier company for the final delivery to the customer and records are maintained.All these standard procedures are known as method in management.

What is the name of a female manager?

A female manager can have any name, just like anyone else. There is no specific name that is used exclusively for female managers. Female managers can have names that are traditionally considered feminine, such as Sarah or Emily, or they can have gender-neutral names such as Taylor or Jordan. Ultimately, a manager's name has no bearing on their ability to effectively lead a team or manage a project.

What advantages and disadvantages of BCG matrix?

The BCG matrix (Boston Consulting Group matrix) offers advantages like providing a simple visual framework to analyze a product portfolio, highlighting where to allocate resources based on market share and growth rate, but its main disadvantages include oversimplification by considering only two factors, potentially neglecting other important aspects of profitability, and not providing specific strategic actions to take based on the analysis.

Advantages of BCG Matrix:

Easy to understand and use:

The simple four-quadrant structure makes it accessible for managers at all levels to quickly grasp the relative position of products within a portfolio.

Visual representation:

The matrix allows for a clear visual depiction of a company's product portfolio, highlighting strengths and weaknesses.

Resource allocation guidance:

Helps identify which products require more investment (Stars), which can generate cash to fund growth (Cash Cows), and which may need to be divested (Dogs).

Market share focus:

Emphasizes the importance of maintaining and increasing market share as a key driver of profitability.

Strategic planning tool:

Provides a starting point for discussing and developing strategic decisions regarding product portfolio management.

Disadvantages of BCG Matrix:

Oversimplification:

Only considering market share and market growth rate may not capture the full picture of a product's profitability, ignoring factors like competitive landscape, product differentiation, and synergy between products.

Limited strategic insight:

Does not provide specific actions or strategies to address issues identified in the matrix.

Subjectivity in definition:

Defining market boundaries and market growth rates can be subjective and prone to interpretation issues.

Static analysis:

Does not account for market dynamics and potential changes in market growth over time.

Ignores other factors:

Fails to consider factors like customer loyalty, brand image, and technological advancements which can impact a product's success.

Factors affecting goal congruence?

factor affecting goal congruence as follows:

1. organizational effectiveness

2. productivity

3. organizational leadership

4. morale

5. organizational efficiency

6. organizational stability

7. organizational reputation

--Harnish patel

How does strategic management differ in profit and non profit organizations?

a. relationship between IMC processes and marketing strategy in profit and not-for-profit organizations.

What is neoclassical management?

Neoclassical management was the shifting away from the early classical management style to one looking at the human side of an organization and the social needs of employees. It was based on the idea that the role of management is to determine how to use employees to get things done in organizations. There were two movements in neoclassical management - the human relations movement and the behavioral movement.

Built the first step pyramid?

First step pyramid built.

  • The first step pyramid...

The first step pyramid was built in ancient Egypt and is known as the Pyramid of Djoser. It was constructed during the Third Dynasty, under the reign of King Djoser, who ruled from around 2670 BCE to 2650 BCE.

The Pyramid of Djoser is located in Saqqara, a necropolis near the ancient city of Memphis. It was designed by the architect Imhotep, who is considered one of the most important figures in ancient Egyptian history. The pyramid originally stood at around 62 meters (204 feet) tall and was surrounded by a complex of buildings and courtyards.

What sets the Pyramid of Djoser apart from earlier tombs and mastabas is its innovative design. Instead of being a simple rectangular structure, the pyramid is made up of six distinct levels, each one smaller than the one below it. This gives the pyramid a step-like appearance and makes it the first example of this type of architecture.

  • The construction of the Pyramid of Djoser was a significant achievement for its time and served as a model for future pyramids, including the famous Great Pyramids at Giza. The pyramid was originally covered in white limestone, which would have made it gleam in the sunlight. While much of this limestone has been stripped away over the centuries, the pyramid is still an impressive sight and attracts visitors from all over the world.

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What are the criteria for effective strategy?

The three tests for an effective strategy are: external, internal, and dynamic consistency.

What is the function of a brand manager?

First brand manager should understand his duty because to promote the brand in the market it should be in better manner as well as manager of brand his primary duty to create the awareness of his brand we will see all the function of brand manager step by step these all are below

1.Brand manager have to know very well about his product because the entire structure of product should well and every thing of wright from manufacturing to finished goods.

2.Brand manager use the marketing mix tools according to product advertising also enhance the awareness of the brand

3. The log of the brand and name,design,tag line these all should be proper

4.At the time brand buliding manager should keept in the mind that persanality of the brand,image of the brand should be well non

5.Manager should promise to his audiance and provide quality asurance to customer.

6.Manager can create good image of the organization in frant of the sociaty

7.Manager should bulid those brand which reflacte the organization value and image.

8.Also evalute the brand which is going well.

9.The colours and packaging ,imgage,quality all these thing should be atractive

10.Manager alwayes make new policy for developing the brand.

State briefly the reasons why you think you are an outstanding candidate for this job ict improvement plans consultancy assignment maximum 1000 characters?

I feel I am the best candidate for this job because I have been performing at this level for the past few years. with my training, experience and situations I am the best suited for these positions.

I am initiative, enthusiastic and a fast learner. I am a responsible person and easy to get along with others. I am sure any employer would like these qualities which are my strengths and I would be appreciated if i conducted myself according to them.

well, i m a very hard working person , willing to learn new things, i love my work for then

I love myself and can make impossible things possible through hard work and effort. I have positive attitude towards my work and my life.

Therefore, You should hire me because I'm the best person for the job. I realize that there are likely other candidates who also have the ability to do this job. Yet I bring an additional quality that makes me the best person for the job my passion for excellence. I am passionately committed to producing truly world class results. For example . . ."

Explain the nature of organisational goals in management principles?

Survival, Growth, Profit, Efficiency, Service, Leadership and Social responsibility are the nature of organizational goals.

Survival - Staying alive is the basic minimum goal. Nepal's carpet industry is pursuing survival goal due to loss of marketing Europe. Survival is number one goal of all organizations. It ensures continuity of organization.

Functions of middle management?

The middle management consists of the deputy heads of departments and the sectional officers. Some of their functions include: participating in decision making, motivating supervisory personnel and compiling and issuing detailed instructions regarding business operations.

Needs and wants examples?

Needs are basic requirements that are necessary for survival, such as food, shelter, and clothing. Wants are non-essential items that people desire but do not need for survival.

Here are some examples of needs:

Food, water, and clothing to stay nourished and protected from the elements

A place to live, such as a house or apartment

Health care and medical treatment to maintain good physical and mental health

Education and training to acquire the knowledge and skills necessary to succeed in life

Here are some examples of wants:

Luxury items, such as designer clothes and expensive jewelry

Recreational activities, such as vacations and hobbies

Entertainment, such as movies, concerts, and sporting events

Electronic devices, such as smartphones and laptops

Use this Needs are basic requirements that are necessary for survival, such as food, shelter, and clothing. Wants are non-essential items that people desire but do not need for survival.

Here are some examples of needs:

Food, water, and clothing to stay nourished and protected from the elements

A place to live, such as a house or apartment

Health care and medical treatment to maintain good physical and mental health

Education and training to acquire the knowledge and skills necessary to succeed in life.

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Here are some examples of

Luxury items, such as designer clothes and expensive

Recreational activities, such as vacations and

Entertainment, such as movies, concerts, and sporting

How to answer during the AFS interview?

According to me, in styling yorluesf, your individuality matters, so, one should follow one's own instincts, and should be comfortable in whatever one wears. One should carry herself with right attitude, never overdo with accessories or makeup and try to keep it simple and classy.

What is the process for making rubber?

Process for Making Rubber

You may be referring to vulcanization, the process that takes the native rubber of the rubber-tree plant and removes sulfur while heating it. This strengthens the material, allowing it to withstand higher temperatures and stay flexible in the cold.

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Synthetic Rubber uses vulcanization also!

Answer



This is a harder question to answer than you think it is, because very little "rubber" is made from latex. Most of it's made by polymerizing petrochemicals such as butadiene.

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History


The discovery of natural rubber


In the year 1495, long before the German Chemist, Fritz Hofmann, in 1909 had his first success with the manufacture of synthetic rubber Christopher Columbus was watching indigenous people of Haiti playing with an elastic ball, something no European had, allegedly, ever seen before. Columbus is said to have been much amused by this sport with a bouncing ball. This was the beginning of Soon after this wondrous stuff became the subject of myths and speculation around the world.


The Amerindians had been quite familiar with the properties of this natural product. Possibly more than 2000 years ago they learned to tap rubber trees and lianas growing within a few degrees of latitude north and south of the equator, developed methods to collect the white, sticky tap, and to dry and cure it by smoking to win a substance that could be used to make bouncing balls, elastic bottles, waterproof clothing, footwear, and cult figures.


However, it was not Christopher Columbus who first wrote about natural rubber, but the Italian historian, Pietro Martire d'Anghiera, who called the substance "gummi optima" and also described how it was collected by the native Americans.


The other name for India rubber, "caoutchouc", is derived from the native word "cau-utchu", meaning "weeping tree". It was probably the French explorer, Charles de la Condamine, who in 1735/6 described the collecting of "latex" (from French "lait" for milk) and gave the name "caoutchouc" to the cured substance. After him many scientists studied the collecting and processing of rubber and its possible applications, thus establishing the basis for its exploitation during the Industrial Revolution in the 19th century when inventors and industrialists finally began to discover the potentials of this versatile stuff. The American entrepreneur, Charles Goodyear, is considered to be one of these pioneers. In Part 2 of this series, you can learn more about the "Father of Gum Elastic".


Charles Goodyear invents the vulcanization

When the Italian historian Pietro Martire d'Anghiera made rubber known in Europe in the 16th century, European researchers were quickly fascinated by the material. However, it was practically impossible to transport natural rubber over long distances at this time. Only in the 18th century, scientists discovered a method to make it more durable - they dissolved it in turpentine.

Industrial use of rubber began on a grand scale in the 19th century. Fire hoses, waterproof tarpaulins and raincoats were developed, yet the material remained problematic at first: The rubber became soft and molten at high temperatures and brittle and crumbly in the cold.


Far-reaching discovery while experimenting on the home stove


This only changed with Charles Goodyears' invention of vulcanization. The American was completely obsessed with rubber and the question of how he could make this difficult-to-handle and strong-smelling material more durable. In the poorest of conditions he conducted experiments in his New York kitchen. And there he also made - at least, according to the legend - the discovery that changed the world of rubber forever.


Together with his partner Nathaniel Hayward he experimented with sulfur, which eliminated the rubber's tackiness. The breakthrough reportedly followed a domestic argument. His wife repeatedly complained about the stench and the chaotic conditions in the cramped kitchen. So when he wanted to hide one of his mixtures of rubber and sulfurous powder, he shoved it into the hot oven. Through this vulcanization in heat, the rubber became elastic. It no longer smelled, it remained dry even at high temperatures and it kept its flexibility even in cold conditions.


The obsession of Charles Goodyear


In 1844, Goodyear received the patent for his "metallic gum elastic composition", which was only later named vulcanization and launched a huge promotional campaign for his rubber. In his euphoria, Goodyear imagined a world made out of rubber. From his point of view, rubber was suitable for virtually every product, including furniture inlays. However, it was hardly possible to put everything in practise.


A genius as an inventor, Goodyear was a poor businessman. Despite constant new inventions, he was always on the brink of bankruptcy. He was completely impoverished when he died in 1860, at the age of 60, presumably also due to the toxic vapors from his numerous experiments. Yet Goodyear's name lives on to the present day in the rubber industry. In 1898, the brothers Frank and Charles Seyberling founded a rubber factory in Ohio and named it Goodyear.

The first rubber to come out of a laboratory is discovered


One hundred years ago the German chemist Fritz Hofmann along with his assistant Carl Coutelle - also a doctor of chemistry - invented the first synthetic rubber. It was a time when it seemed as though there were no boundaries to the wealth of human invention. A multitude of discoveries and technical developments were being made - for example in 1908 Ford built the first "car for everybody", the Model T.

The economic, political and scientific conditions were ideal for Hofmann's invention: At the beginning of the 20th century industrialization and mechanization had led to a rapid rise in demand; natural rubber became dramatically more expensive and harder to come by. At the same time the German drive for self-sufficiency grew stronger. The German people wanted to become independent of foreign countries and their colonies and pushed the search for substitutes for existing natural products. Hofmann later wrote: "I saw a task before me to create by synthesis that which was missing in my own country".


In this situation Hofmann and his team found a supporter in their boss, Carl Duisberg, who recognized the importance of the research on synthetically manufactured rubber. The company management had even announced a prize of 20,000 Marks for the first synthetically produced rubber. When Hofmann began this work in 1906 he had been employed for almost ten years by "Elberfelder Farbenfabriken (formerly Friedr. Bayer & Co.)", whose tradition is carried on today at LANXESS.


As head of the various research laboratories he worked meticulously on new formulations and solutions. In 1909 Hofmann succeeded in producing the flexible substance methyl isoprene and thereby laid the cornerstone for synthetic rubber. You can read more about Hofmann's invention in the next part of our series.

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