State which aspect ( function of management ) this definition is relating to :
Process by which manager prepares for the future ?
Planning
Provide a simplified explanation of ' MOTIVATING ' in relation to [ Function of Management ]
1 . To be motivated is to have a desire to do something in such a way that much effort is used trying to achieve a goal.
2. Creating an environment where employees is geared or develops an enthusiastic approach regarding carrying out assigned task
Delegating is strictly affiliated with assigning tasks it does not consist of a motivating element as well
FALSE
Delegation also has a motivating element in terms of trusting and empowering others to take on more responsibility.
Management set the overall [ BLANK ] and objectives for the business on a long-term basis and decides on actions to take if some plan do not work.
GOALS
State which aspect ( function of management ) this definition is relating to :
Process of assessing work performance to determine how well the tasks have been done and what steps to take to improve future performance.
Evaluating
Provide a simplified explanation of ' DELEGATING ' in relation to [ Function of Management ]
Assigning tasks or goals to subordinates and granting them the authority to carry out the tasks.
A production manager arranging overtime to control a situation in order to meet production targets
IS AN EXAMPLE OF CONTROLLING
TRUE
Controlling the measurement and correction of performance in order to make sure that enterprise objectives
WHICH FUNCTION OF MANAGEMENT IS ASSOCIATED WITH THE TERM 'INTRINSIC'
MOTIVATING
State which aspect ( function of management ) this definition is relating to :
supervising and checking the activities and performance of subordinates to ensure that instructions are being carried out properly and plan and methods are being followed
Controlling
Provide a simplified explanation of ' COORDINATING ' in relation to [ Function of Management ]
In reference to various departments in the organization complement each other and work in a united way towards the success of the business.
The role of employees is to provide adequate facilities for the workers
FALSE
For assessing company's profitability and its consequences on their future remuneration and job security
Good organization involves [ Blank ] what is to be done, [BLANK] is to supervise it and the [BLANK] frame in which work is to be done.
FILL IN THE [BLANK]
PLANNING , WHO , TIME
State which aspect ( function of management ) this definition is relating to :
giving instructions to workers so that they are clear as to how their work should be done to best benefit the organization.
Directing
Provide a simplified explanation of ' ORGANIZING ' in relation to [ Function of Management ]
ensuring that workers can get on with their jobs, by making sure that people, materials and machinery are available at the right time so the organization's goals can be met.
Management is the bringing together of all the resources (human, materials, equipment etc) in an effort to meet the goals of an organization.
TRUE
LIST FOUR FUNCTIONS OF MANAGEMENT
Planning
organizing
directing
controlling
coordinating
delegating
motivating
evaluating
State which aspect ( function of management ) this definition is relating to :
It means that the demand for a good or service is greater than the availability of the good or service.
SCRACITY
Provide a simplified explanation of ' costs and benefits- ' in relation to [ Function of Management ]
1.A cost-benefit analysis is the process of comparing the projected or estimated costs and benefits (or opportunities) associated with a project decision to determine whether it makes sense from a business perspective
2. process used to measure the benefits of a decision or taking action minus the costs associated with taking that action.
scarcity can limit the choices available to the consumers who ultimately make up the economy.
TRUE
[BLANK] are financial motivations for people to take certain actions.
FILL IN THE BLANK
Economic incentives