answersLogoWhite

0

🏢

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.

500 Questions

The line of authority that extends from the upper levels of management to the lowest levels of the organization is?

User Avatar

Asked by Wiki User

1

The line of authority that extends from the upper levels of management to the lowest levels of the organization is called the chain of command.

The chain of command clarifies who reports to whom within an organization, ensuring clear communication and decision-making processes. It establishes a hierarchy where information and instructions flow systematically from top to bottom.

What are the implications of Perception to management?

User Avatar

Asked by Wiki User

Managerial implication - Organizational Behavior

Perception in business situation:

1) Perception and motivation: perception of the workplace plays a major role in motivation. Suppose an employee is experiencing some unexpected money trouble. Because of her disposition (she is worried) and the salience of money (it is unusually important to her at the moments), she will be especially sensitive to issues of compensation. Through projection, she may assume that everyone in the organization also cares mainly about money. A large pay raise given to another employee will seem frustrating and will intensity her efforts to get a pay raise of her own, focusing even more attention on her own pay, the pay of others, and how they compare to one another.

2) Perception and hiring: hiring new employees can be affected by perception in many ways. Contrast or novelty in the job applicant can affect his or her chances of getting the job. The person doing the hiring may stereotype applicants on the basis of race or sex, or may allow the halo effect to color an overall perception of an applicant.

An interviewer's disposition during an interview or attitudes towards certain of the applicants' attributes can also affect the interviewer's perceptions of an applicant.

For example, a manager, who believes that people should dress professionally for a job interview, is likely to be unimpressed by an applicant who shows up wearing sunglasses and a flowered sports coat.

3) Performance appraisal: the appraisal of a subordinate's performance is highly affected by the accuracy of a manager's perceptions. The major areas of concern in this context are:

Managers may have tendencies to positively evaluate some employees. Because they are better liked, or are on favored tasks, or are particularly noticeable; and

Performance evaluation will be affected adversely because of halo effects,

4) Employee effort: an individual's future in an organization id usually not dependent on performance alone. In many organizations, he level of an employee's effort is given high importance. Just as teachers frequently consider how hard you try in a course as well as how you perform on examinations, so often do managers. An assessment of an individual's effort is a subjective judgment susceptible to perceptual distortions and bias. If it is true, as some claim, that "more workers are fired for poor attitudes and lock of discipline than for lack of ability" , then appraisal of an employee's effort may be a primary influence on his or her future in the organization.

5) Employee loyalty: another important judgment that managers make about employees is whether or not they are loyal to the organization. Despite the general decline in employee loyalty, few organizations appreciate it when employees, especially those in the managerial ranks, openly disparage the firm, furthermore, in some organizations, if the word gets around that an employee is liking at other employment opportunities outside the firm, that employee may be labeled as disloyal and so may be cut off from all future advancement opportunities. The issue is not whether organizations are right in demanding loyalty, the issue is that many so, and that assessment of an employee's loyalty or commitment id highly judgment.

What is a Single business strategy?

User Avatar

Asked by Wiki User

A single business strategy refers to a focused approach where a company concentrates its efforts on one core business or product line. This strategy involves dedicating resources and efforts to excel in a specific market segment or industry rather than diversifying into multiple areas. It allows the company to streamline operations, leverage its strengths, and achieve a competitive advantage within its chosen niche.

Should english be a medium of instruction in schools?

User Avatar

Asked by Wiki User

The choice of language as a medium of instruction in schools should consider the needs and preferences of the students, as well as the goals of the educational system. Using English can provide access to global opportunities and resources, but it's important to ensure that students have the necessary support to fully grasp the language and content being taught. Ultimately, the decision should be based on what will best support the learning and development of the students.

What are the pros and cons of court unification?

User Avatar

Asked by Wiki User

Pros of court unification include increased efficiency, consistency in decision-making, and potential cost savings. However, some cons may include loss of specialized knowledge and expertise in different areas of law, potential for increased caseloads and delays, and concerns about centralized power and control.

What skills do managers require at different levels of managerial responsibility and why?

User Avatar

Asked by Wiki User

At lower levels, managers typically need strong technical skills to effectively carry out tasks and supervise employees. At mid-levels, interpersonal and communication skills become crucial for coordinating between different departments and teams. At higher levels, strategic thinking and decision-making skills are necessary to set and achieve long-term organizational goals. Adapting to the changing demands of the organization and leading through uncertainties are also essential qualities for managers at all levels.

What should you absolutely avoid when you are actively listening to a speaker?

User Avatar

Asked by Wiki User

You should avoid interrupting the speaker, judging or criticizing their points, and formulating a response in your mind while they are still talking. Instead, focus on the speaker's words, maintain eye contact, and show that you are engaged by nodding or providing nonverbal cues.

Pros and cons of teaching?

User Avatar

Asked by Wiki User

Pros of teaching include making a positive impact on students' lives, sharing knowledge and skills, and fostering a passion for learning. Cons may include high workload and stress, dealing with challenging behavior, and relatively low financial compensation compared to the amount of work required.

What is a good 4th grade class president speech?

User Avatar

Asked by Wiki User

A good 4th-grade class president speech should focus on why you are passionate about representing your classmates, what positive changes you would like to bring to the class, and how you plan to listen to and involve your peers in decision-making. Remember to include a catchy slogan or promise that appeals to your audience and shows your commitment to being a strong leader for the class.

Pros and cons of racism?

User Avatar

Asked by Wiki User

There are no pros to racism. It is a harmful and destructive belief system that leads to discrimination, prejudice, and violence against individuals based on their race. The cons of racism include perpetuating inequality, fostering hatred and division among people, and perpetuating systemic injustices that harm marginalized communities.

Pros and cons of fascism?

User Avatar

Asked by Wiki User

Pros: Fascism can promote unity and a strong sense of national identity, leading to social cohesion and discipline. It also emphasizes order and security, which can be appealing in times of instability.

Cons: Fascism often suppresses individual rights and freedoms, promoting authoritarianism and censorship. It can lead to oppression of minority groups and violent nationalism. The concentration of power in a single leader or party can also result in corruption and abuse of power.

Communication skills do you adopt when having to communicate with the different levels of management in your company?

User Avatar

Asked by Wiki User

When communicating with different levels of management, I adapt my communication style to match their preferences and expectations. For senior management, I focus on providing concise summaries and highlighting key strategic insights. When engaging with mid-level management, I emphasize the operational details and how their teams can contribute to broader goals. With lower-level management, I aim to be more hands-on and supportive in providing guidance for day-to-day tasks.

What are leadership skills?

User Avatar

Asked by Wiki User

Leadership skills are abilities that enable individuals to guide, inspire, and influence others towards a common goal. These skills include effective communication, strategic thinking, decision-making, and the ability to build and motivate a team. Good leaders also demonstrate empathy, integrity, and adaptability.

The role and function of stores department in a manufacturing firm?

User Avatar

Asked by Wiki User

The value of the item in the store department of an enterprise can represent a large proportion of the total value of its asset. Efficient store management will ensure that the correct item of the correct qualities will be available in the correct quantities when required, this avoiding losses of production, sales and profit.

An example of mission and vission of a student?

User Avatar

Asked by Wiki User

Mission: To excel academically and personally by actively engaging in learning, seeking knowledge, and pursuing intellectual growth.

Vision: To graduate with a deep understanding of my field of study, equipped with the skills and values needed to make a positive impact in society.

What is the differences between an administrator and manager?

User Avatar

Asked by Wiki User

An administrator is typically responsible for overseeing day-to-day operations and ensuring tasks are completed efficiently. A manager, on the other hand, is responsible for setting goals, making strategic decisions, and guiding a team to achieve those goals. Managers often focus on long-term planning and leadership, while administrators focus on implementing plans and managing resources.

What trends in electronic media programming appeal to you?

User Avatar

Asked by Wiki User

I am drawn to authentic storytelling that incorporates diverse perspectives and characters. I also appreciate shows that challenge traditional formats and push boundaries in terms of representation, technology, and storytelling techniques. Lastly, I value content that sparks meaningful conversations and connects with viewers on a deep emotional level.

What are the typical marketing strategies of a newspaper?

User Avatar

Asked by Wiki User

Typical marketing strategies for a newspaper include targeted advertising campaigns, partnerships with other businesses for cross-promotion, special promotions or events to attract new readers, leveraging social media and online channels to reach a wider audience, and offering subscription deals to retain existing readers.

Bad effects of advertisements?

User Avatar

Asked by Wiki User

Advertisements can promote materialism, unrealistic body images, and unhealthy consumption patterns. They can also manipulate emotions and create a false sense of need or desire for products or services. Additionally, ads can contribute to social issues such as inequality and discrimination by perpetuating stereotypes and promoting certain societal norms.

What are the different types of newspaper?

User Avatar

Asked by Wiki User

The main types of newspapers include broadsheet, tabloid, and digital newspapers. Broadsheets are larger newspapers with more serious and in-depth content, while tabloids are smaller and tend to focus on more sensational stories. Digital newspapers are online versions of traditional newspapers that are accessible on the internet.

What are the differences between administration and management?

User Avatar

Asked by Wiki User

the difference management and administration are that

1.management is a broad scope and administration is a narrow scope

2.management formulate polices where as administration implement the polices .

3.administration is a part of management

Can an organization operate without a strategy?

User Avatar

Asked by Wiki User

Imagine a ship embarking on a voyage without a map; it may drift aimlessly and face perilous waters. Similarly, an organization without a strategy is like a vessel without a rudder, struggling to navigate the competitive seas of business.

The Anchor of Success: A Solid Strategy

A strategy serves as the anchor, providing direction and stability. It outlines clear objectives, allocates resources efficiently, and defines organizational structure, ensuring that every team member rows in unison toward common goals.

Navigating the Fintech Seas

In the fintech world, a strategy is not just helpful; it’s imperative. As the industry evolves with technological advancements, a well-charted strategy ensures that a company can pivot and adapt, staying ahead of the curve.

The Lighthouse of Communication

Clear communication is the lighthouse guiding employees through foggy situations. Without it, vital information can be lost in the abyss, leading to disarray and confusion.

Charting Your Course

As you embark on your business journey, remember that a strategy is not just a document; it’s a dynamic compass that guides your organization through calm and stormy waters alike. With it, you’ll not only survive but thrive in the vast ocean of opportunity.

#FintechFuture

#BankingEvolved

#Finance4All

#BusinessStrategy

#EconomicInsights

#InvestSmart

#WealthTech

#DigitalCurrency

#PaymentSolutions

#StartupGrowth

What skills do sales managers need?

User Avatar

Asked by Wiki User

Sales managers require a diverse set of skills to effectively lead and manage sales teams. Some essential skills include:

Leadership: Ability to inspire, motivate, and guide sales teams towards achieving targets and objectives.

Communication: Strong communication skills, both verbal and written, to effectively convey sales strategies, provide feedback, and interact with clients and team members.

Strategic Planning: Capability to develop and implement sales strategies, set targets, and create action plans to achieve sales goals.

Team Building: Skill in recruiting, training, and mentoring sales representatives to build high-performing teams.

Analytical Skills: Proficiency in analyzing sales data, identifying trends, and making data-driven decisions to improve sales performance.

Customer Relationship Management: Ability to build and maintain strong relationships with clients, understand their needs, and provide solutions that meet their requirements.

Time Management: Effective time management skills to prioritize tasks, manage schedules, and allocate resources efficiently.

Problem-Solving: Capacity to identify challenges and obstacles in the sales process and develop solutions to overcome them.

Adaptability: Flexibility to adjust strategies and approaches based on market conditions, customer feedback, and business goals.

Negotiation Skills: Strong negotiation skills to close deals, resolve conflicts, and secure favorable terms with clients and partners.

Overall, sales managers need a combination of leadership, communication, strategic planning, and interpersonal skills to drive sales success and achieve organizational objectives.

5 impt differences and similarities between goods production and services operation?

User Avatar

Asked by Wiki User

differences

1) uniformity of input

2)labor content of jobs

3)uniformity of output

4)customer contact

5) measurement of productivity

6) quality assurance

7)amount of inventory

8)production and delivery

Similarities

1)designing the product/service

2)deciding where to locate facilities

3)deciding on what process to use

4)capacity planning

5)managing inventories

6)assuring quality

7)motivating employees

8)supply chain managment

Which type of software helps managers keep scheduling charts?

User Avatar

Asked by Wiki User

Project management software is used to help managers with tasks such as scheduling charts.

Excel, which can convert information into tables, bar charts or other charts, and Google docs may also be used.