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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

Which are trends in Participative management?

The trends in participative management allows even the subordinates to contribute to the process of decision making. This has proved to be very efficient but requires some level of control.

Explain in brief why portfolio analysis is necessary in the case of multi-product organisation?

The portfolio is loaded with a company's financial status, growth, and future trend predictions that can better help a marketer understand the company's needs for it's marketing campaigns. Through a portfolio you can create a campaign strategy that is custom fit to the portfolio data and better understand a company even before initial contact as well.

What are the four stages of the listening process?

The process of Listening:

1. Receiving: the stage of receiving involves the basic need to getting or hearing the right conversation, as to,what the other person wants to say or express.

2. Attending: the way, wherein,you should be conscious and alert about what the other person has said.

3. Understanding: an important and basic step wherein you can analyze about the exact situation.

4. Responding: by answering the query or by reacting on a particular situation.

5. And also, Remembering.

Decision making method?

1. Think "What will the result be if I do this?"

2. Have other options and decide with makes you happiest.

3. Make a list in your mind about whats good and whats bad about the decision you're about to make.

4. Make sure you're ready for it.

5. You will have you're result!

What is management theory?

Management theory can be regarded as the collection of ideas which set forth general rules on how to manage a business. It actually addresses the managers and supervisors relation with the organization's knowledge and its goals. Its implementation require the accomplishment of the goals and the motivation of the employees to perform at higher standard.

Scientific management assumption?

Assumption of Scientific Management

1. Unlike management, workers are of limited intelligence, innately idle, and driven by a need for immediate gratification. 2. The presence of a capitalist system and a money economy, where companies in a free market have as their main objective the improvement of efficiency and the maximization of profit; 3. The Protestant work ethic, that assumes people will work hard and behave rationally to maximize their own income, putting the perceived requirements of their organization before their own personal objectives and goals; 4. That an increased size is desirable in order to obtain the advantages of the division of labour and specialization of tasks. By Rakesh Pati

Is Minnesota mainly a blue or white collar state?

Both. Minnesota has a wide assortment of jobs and industries that include minimum wage earners, people who make millions of dollars per year, and every category in between.

New classical approach to management?

Neoclassical economics is a term variously used for approaches to economics focusing on the determination of prices, outputs, and income distributions in markets through supply and demand, often as mediated through a hypothesized maximization of income-constrained utility by individuals and of cost-constrained profits of firms employing available information and factors of production, in accordance with rational choice theory.[1] Neoclassical economics dominates microeconomics, and together with Keynesian economics forms the neoclassical synthesis, which dominates mainstream economics today.[2] There have been many critiques of neoclassical economics, often incorporated into newer versions of neoclassical theory as human awareness of economic criteria change. The term was originally introduced by Thorstein Veblen in 1900, in his Preconceptions of Economic Science, to distinguish marginalists in the tradition of Alfred Marshall from those in the Austrian School.[3][4] It was later used by John Hicks, George Stigler, and others who presumed that significant disputes amongst marginalist schools had been largely resolved[5] to include the work of Carl Menger, William Stanley Jevons, John Bates Clark and many others.[4] Today it is usually used to refer to mainstream economics, although it has also been used as an umbrella term encompassing a number of mainly defunct schools of thought,[6] notably excluding institutional economics, various historical schools of economics, and Marxian economics, in addition to various other heterodox approaches to economics.

Why should you include the people who will be using the new technology in conversations about technology upgrades for a business?

The users would likely know if an upgrade would be necessary or even useful.

First hand user information is often ignored by developers, change managers etc. However, obtaining first hand user input has proven vastly cost effective ,productive and easier to apply . By having early input the actual working interface can be designed so that daily users find it works effectively for them and others they interact with. It can also allow users to effectively aim to break the functionality before a crisis occurs etc. Furthermore by having user input the users will make a greater effort in ensuring the upgrade works seamlessly.

Where does a restaurant manager work?

A resteraunt manager will often work in the resteraunt to help keep things running smoothly. Ever heard of a table calling the manager, well that is the case exactly. On the rare ocasion that a manager is not running about the shop meeting the needs of his staff and customers, he can expect to be doing the loads of paperwork that are involved in running a buisness. It is certainly a hectic job.

This is based on observation and the all knowing television in my house, so i would say take a second opinion instead of relying on mine.

What is the family systems theory approach?

This approach regards the family, as a whole, as the unit of treatment, and emphasizes such factors as relationships and communication patterns rather than traits or symptoms in individual members.

What is the importance of management theory?

Management theory is important because it is the study of how to make all the people in your organization more productive.

Explain high level design in software project management?

High Level Design

The High Level Design Document is a pretty important document for a project, covering at a high level the overall design of the solution. If one were to try and present a very succinct summary of the High Level Document, it could be something like this:

- Detailed use case scenarios of key process flows of the application

- The class model and relationships

- The sequence diagrams which outline key use case scenarios

- The data/object model with relational table design

- User interface style and design

Another definition of the High Level Design Document would be:

High-level design is the transitional step between WHAT [requirements for sub-systems] the system does, and HOW [architecture and interfaces] the system will be implemented to meet the system requirements. This process includes the decomposition of system requirements into alternative project architectures and then the evaluation of these project architectures for optimum performance, functionality, cost, and other issues [technical and non-technical]. Stakeholder involvement is critical for this activity. In this step, internal and external interfaces are identified along with the needed industry standards. These interfaces are then managed throughout the development process.