Answer all the following questions. 1. What would be the four principal functions as a manager? 2....

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General Management

Answer all the following questions.
1. What would be the four principal functions as a manager?
2. Discuss a company general environment
3. What are SMART goals and how can they be implemented?
4. How can Porter's competitive forces help me formulatestrategy?
5. Explain the nonrational decision making process.
6. Discuss the various forms of compensation.
7. What do I need to know to encourage innovation?
8. What causes workplace stress, and how can it be reduced?
9. What kinds of needs motivate employees?
10. How can you as a manager build an effective team?
11. What does it take to be a successful leader?
12. How can you use different channels and patterns ofcommunication to your advantage?
13. What are the keys to successful control, and what are thebarriers to control success?
14. Provide at least 6 advantages and disadvantages ofimplementing/practicing workforce diversity
subject Organizational Management

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1 What would be the four principal functions as a manager Planning Planning is establishing organizational goals and deciding how to accomplish them Organizing Organizing is structuring working relationship in a way that allows organizational members to work together to achieve organizational goals Leading Leading is articulating a clear organizational vision for the organizations members to accomplish and they energize and enable employees so everyone understands the part he or she plays in achieving organizational goals Controlling Controlling is evaluating how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance 2 Discuss a company general environment A companys general environment has to do with the factors and conditions that generally affect everyone in a company It includes economic technological social cultural demographic political and legal forces that affect the organization and its task environment Its imperative to explain each of the companys general environments Economic forces Economic forces are interest rates inflation unemployment economic growth and other factors that affect the general health and wellbeing of a nation or the regional economy of an organization Economic forces produce many opportunities and threats for managers Technological forces Technological forces are outcomes of changes in the technology managers use to design produce or distribute goods and services Social cultural forces These are pressure emanating from the social structure of a country or society or from the national culture Pressures from both sources can either constrain or facilitate the way a company operates and managers behave Demographic forces Demographic forces are outcomes of changes in or changing attitudes toward the characteristics of a population such as age gender ethnic origin race sexual orientation and social class Demographic forces present managers with opportunities and threats and can have major implications for a company just like other forces in a company general environment Political and legal forces They are outcomes of changes in laws and regulations such as deregulation of industries privatization of organizations and increased emphasis on environmental protection Laws constrain the operations of organizations and managers and thus create both opportunities and threats 3 What are SMART goals and how can they implemented Specific A goal is specific when it provides a description of what is to be accomplished A specific goal is a focused goal It will state exactly what the organization intends to accomplish While the description needs to be specific and focused it also needs to be easily understood by those involved in its achievement It should be written so that it can be easily and clearly communicated Measurable A goal is measurable if it is quantifiable Measurement is accomplished by first obtaining or establishing baseline data It will also have a target toward which progress can be See Answer

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