VERSION WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS\VERIFIED
100% \GRADED A+
Defintion of management
getting work done through others, concerned with efficiency and
effectiveness in the work process
MF4: Controlling
monitoring progress toward goal achievement and taking corrective
action when progress is not being made
What is the basic controlling process?
involves setting standards to achieve goals, comparing actual
performance to those standards and then making changes to return
performance to those standards
Which Management Function: Assigning team leaders to work on certain
product lines and coordinating efforts and delegating work
Organizing
,Which Management Function: Comparing performance reports to yearly
goals
Controlling
Which Management Function: Deciding whether to advertise to a new
market or setting a strategic vision
Planning
Which Management Function: Meeting with senior leaders to inspire
them
Leading
Top 3 Mistakes Managers Make
1. Intimidating, Abrasive to others, Bullying Style
2. Cold & Arrogant
3. Betraying Trust
Mangement Skills
1. Technical
2. Human
3. Conceptual
4. Motivation to manage
,MS1: Technical Skills
the specialized procedures, techniquest, and knowledge required to
get job done
Example of Technical Skills
Ability to find new sales prospects, develop accurate sales pitches based
on customer needs, and close sales
MS2: Human Skills
the ability to work with others
Who needs to have good Human Skills?
Top Managers: they spend most of their job dealing directly with people
MS3: Conceptual Skills
the ability to see the organization of the company as a whole,
understand how the different parts affect each other, and recognize
how the company fits into or is affected by its environment
, MS4: Motivation to Manage
an assessment of how enthusiastic employees are about managing the
work of others
Who has the strongest Motivation to Manage
Managers; get promoted faster and rated higher
Transition to Management