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BUS 6600 Module 2: Chapters 7 and 10 questions and answers graded A+ 2024/2025
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BUS 6600 Module 2: Chapters 7 and 10 questions and answers graded A+ 2024/2025
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BUS 6600 Module 2: Chapters 7 and 10Managers these days tend to be... - ANSCollaborative, emphasize groups and group
constructing, guide, train, assist, inspire, should be globally prepared, have to be professional
communicators and crew players
Name the four features of management. - ANSplanning, organizing, main, controlling
Define management. - ANSthe technique used to perform organizational goals through
planning, organizing, main, and controlling humans and other organizational assets
Define the making plans process of organizational management. - ANSa control feature that
consists of watching for traits and figuring out the nice strategies and processes to attain
organizational desires and objectives; putting desires
What is the important thing management characteristic? - ANSPlanning (you need to have a
terrific plan for all different capabilities to paintings)
Define the organizing characteristic of control. - ANSDesigning the shape of the agency and
creating situations and structures wherein anyone and the whole lot paintings collectively to
reap the company's goals and targets
Allocating sources, assigning duties, establishing processes for carrying out desires, recruiting
and selecting are all elements of which feature of management? - ANSOrganizing
Successful companies these days are designed around what? - ANSPleasing the consumer at a
income
What is main? - ANScreating a vision for the employer and guiding, training, training, and
motivating others to paintings correctly to obtain the business enterprise's desires and targets in
a well timed way.
Give examples of the main characteristic of management. - ANSClarifying policies, guiding and
motivating, presenting comments on overall performance
Today, most managers tend to ______________ employees. This characteristic was once
known as _________________, that is, telling employees precisely what to do. - ANSempower;
directing
What is the controlling feature of management? - ANSinvolves setting up clear requirements to
determine whether or not or no longer an organisation is progressing toward its dreams and
,targets, profitable human beings for doing a great activity, and taking corrective action if they're
not.
Give examples of controlling in control. - ANSMeasuring outcomes towards corporate targets;
tracking overall performance relative to requirements; taking corrective movement whilst
important
Planning includes putting these 3 matters. - ANSOrganizational vision; goals and targets
Define a vision. - ANSan encompassing explanation of why the company exists and wherein it's
far headed; it's miles more than a intention.
Define a venture announcement. - ANSis an outline of the fundamental purposes of the
company.
What need to an excellent challenge announcement address? - ANSi. The agency's self-idea
ii. Company philosophy
iii. Long-time period survival
iv. Customer desires
v. Social responsibility
vi. The nature of the services or products
__________________ are the vast, long-time period accomplishments an agency needs to
acquire. - ANSGoals
Objectives are? - ANSSpecific, short-time period statements detailing how to attain the
enterprise's desires.
What two essential questions does planning deal with? - ANS1. What is the situation now?
2. How are we able to get there from right here?
Define SWOT analysis. - ANSA planning tool used to research an agency's strengths,
weaknesses, possibilities, and threats.
Strengths and weaknesses are ______________ to the firm. Opportunities and threats are
____________ to the firm. - ANSInternal; external (can't always be anticipated)
"Entry of decrease-cost overseas competition" is an instance of what in SWOT analysis? -
ANSThreat
"Weak marketplace photo" is an example of what in SWOT analysis? - ANSWeakness
"Ability to serve extra client companies" is an example of what in SWOT evaluation? -
ANSOpportunity
, "Core competency in key areas" is an instance of what in SWOT evaluation? - ANSStrength
What are the 4 kinds of planning? - ANS1. Strategic Planning
2. Tactical Planning
three. Operational Planning
four. Contingency Planning
Define strategic making plans and who's concerned. - ANSDetermining the most important
desires of the company and the policies and techniques for obtaining and the use of sources to
obtain the ones desires (top-stage control; executives)
Define tactical making plans and who's worried. - ANSDeveloping specified, quick-time period
statements approximately what is to be executed, who is to do it, and how it's miles to be done.
Tactical planning is usually finished by way of managers at decrease degrees of the company.
An instance of tactical making plans is setting annual budgets.
Define rules vs. Techniques - ANSPolicies: Broad tips for motion
Strategies: Determine the exceptional way to apply sources
Who decides which clients to serve, whilst to serve them, what products to sell and the
geographic areas in which to compete? - ANSTop-stage management.
Companies are embracing plans that reply quickly to _____________ ____________. -
ANScustomer wishes
Define operational making plans. - ANSthe technique of setting of work standards and
schedules vital to put into effect the company's tactical targets. Operational making plans
specializes in unique supervisors and person employees.
Who does operational making plans? - ANSDepartment or first-line manager (tool for every day
operations)
Define contingency making plans. - ANSthe procedure of preparing alternative publications of
movement that can be used if the primary plans do not achieve the organisation's goals.
Ex: An organization desires to have opportunity plans ready for environmental changes.
What is crisis making plans? - ANSa part of contingency planning, includes reacting to
unexpected changes in the surroundings.
Define choice-making. - ANSAll control functions contain DECISION MAKING, choosing
amongst or more alternatives.
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