Briefly discuss the four principal managerial tasks and give examples for how one would implement these tasks in a hypothetical company.
What will be an ideal response?
The four principal managerial tasks are planning, organizing, leading, and controlling. Managers at all levels of the organization and in all departments perform these tasks. Effective management means managing these activities successfully. To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. Organizing is structuring working relationships so organizational members interact and cooperate to achieve organizational goals. In leading, managers articulate a clear organizational vision for the organization's members to accomplish, and they energize and enable employees so everyone understands the part he or she plays in achieving organizational goals. In controlling, the task of managers is to evaluate how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance.
You might also like to view...
________ marketing is the practice of sending messages only when consumers express a willingness to become more involved with the brand
A) Relationship B) Permission C) Cause D) Defensive E) Horizontal
Indirect costs are often pooled, and not allocated individually because:
A. individual allocation would be more timely. B. the benefits of individual allocation of indirect costs are greater than the costs. C. individual allocation would be tedious. D. individual allocation would be more accurate.
Broadcast media include all of the following EXCEPT which one?
A) network television B) local television C) cable television D) radio E) the Internet
Which of the following is true?
a. Cash equivalents include certificates of deposit of any term. b. Cash equivalents are stated at market value. c. Cash equivalents are classified as current assets. d. All of these are true.