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MAN 320F Exam 1 Aroian Questions and Answers Already Passed $9.99   Add to cart

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MAN 320F Exam 1 Aroian Questions and Answers Already Passed

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  • Course
  • MAN 320F
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  • MAN 320F

MAN 320F Exam 1 Aroian Questions and Answers Already Passed What is the difference between tactical and strategic planning in management? Tactical planning focuses on short-term goals and actions, while strategic planning addresses long-term objectives and overall direction. How can man...

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  • September 10, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAN 320F
  • MAN 320F
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MAN 320F Exam 1 Aroian Questions and
Answers Already Passed
What is the difference between tactical and strategic planning in management?


✔✔ Tactical planning focuses on short-term goals and actions, while strategic planning

addresses long-term objectives and overall direction.




How can managers use benchmarking to improve performance?


✔✔ By comparing their organization's processes and performance metrics with those of leading

companies to identify areas for improvement.




What is the role of a manager in the decision-making process?


✔✔ To gather and analyze information, evaluate alternatives, and choose the best course of

action to achieve organizational goals.




What are key elements of effective team management?


✔✔ Setting clear goals, defining roles, encouraging collaboration, and providing support and

feedback.




1

,How does the concept of "management by objectives" (MBO) function?


✔✔ By setting specific, measurable goals with employees and evaluating their performance

based on the achievement of these goals.




What is the significance of understanding organizational culture for a manager?


✔✔ It helps managers align their strategies with the values and norms of the organization, which

can enhance employee engagement and performance.




How can managers leverage SWOT analysis to make strategic decisions?


✔✔ By using the insights from SWOT analysis to capitalize on strengths, address weaknesses,

seize opportunities, and mitigate threats.




What does the term "management information system" (MIS) refer to?


✔✔ A system designed to provide managers with the necessary information to make informed

decisions and manage operations effectively.




How can a manager effectively delegate tasks to team members?


✔✔ By assigning tasks based on individual strengths, providing clear instructions, and offering

support while allowing autonomy.

2

, What strategies can managers use to foster innovation within their teams?


✔✔ Encouraging creativity, providing resources for experimentation, and creating an

environment that supports risk-taking and idea sharing.




What are the four primary functions of management?


✔✔ Planning, organizing, leading, and controlling.




What is the purpose of strategic planning in management?


✔✔ To set long-term goals and determine the best strategies to achieve them.




How does the management function of organizing differ from planning?


✔✔ Organizing involves arranging resources and tasks to implement the plan, while planning is

about setting objectives and deciding how to achieve them.




What is a SWOT analysis used for in strategic management?


✔✔ To identify and evaluate an organization’s Strengths, Weaknesses, Opportunities, and

Threats.



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