Management Theories and Nature
It is the attainment of organizational goals in an effective and efficient manner using functions of planning, organizing, directing and controlling organizational resources.
Management
What principles of management means that each employee must have only one supervisor?
NAIL SALON SPA is considered what type of business?
SERVICE BUSINESS
An external environment that demand satisfaction with the products and services they purchase and use
CUSTOMERS
It is a logical process and systematic approach of formulating the objectives, programs, policies, procedures, budgets, rules and regulations, and other types of plans
PLANNING
It refers to the process of recruiting, placing, training and developing personnel
STAFFING
What principles of management has a situation where in the employees are divided into different task such as credit investigator, collection, liquidation, sales, payroll and accounting
DIVISION OF WORK
Which is a form of business organization which is owned by its members?
COOPERATIVES
It explains the overall purpose of the organization and includes the attributes that distinguish it from other organizations of its type
MISSION STATEMENTS
Plans translate broader plans into functional plans for each area or department.
TACTICAL PLANS
What are the functions of management?
Planning, Organizing, Staffing, Directing and Controlling
What level of managers is responsible for leading employees in the day to day tasks and also referred to as “first line” or “front line” managers?
LOWER LEVEL MANAGERS
What type of business that purchases products from other businesses and sells them to customers at a higher retail price?
In what classification in External environment the statement below refer to:
There is an existing City Ordinance not allowing students in computer shops at designated hours
POLITICAL-LEGAL
Top Management like President, CEO’s and Directors are responsible for what type of planning?
STRATEGIC PLANNING
He emphasized a rational, scientific approach to the study of management and sought to make organizations as efficient as operating machines, better known as the father of scientific management
FREDERICK TAYLOR
What managerial role explains the statement below: A manager determines a strategy to reduce patient complains regarding food service is an example of what kind of managerial skill?
CONCEPTUAL SKILLS
Among the major forms of business organization, which of the following is the easiest and least costly to organize?
SOLE PROPRIETORSHIP
In what particular macro environment does the statement below refer to:
Society appreciate LGBTQ being hired in companies and treating them fairly.
SOCIO-CULTURAL
During the early part of twentieth century, who among the following developed the principles of management?
HENRI FAYOL
Which theory uses statistical analysis, liner programming for the allocation ofresources, the development of models before implementing an idea,production scheduling techniques?
Give at least 5 Managerial Roles
Figurehead, Leader, Liaison, Spokesperson, Disseminator, Monitor, Entrepreneur, Disturbance Handler, Resource Allocator, Negotiator
Limited liability is one their greatest advantage
CORPORATION
In what environmental tool are under external factors which may negatively impact the company. These are trends, changes or movements over which the company has no control but should be addressed to maintain its status in business.
THREATS
A team meeting was held in an organization. The team leader gave some suggestions regarding improvements to the current project plan. These suggestions, however, require an employee to lead a team on a challenging task. One eager team member volunteered himself for the task and promised to do his best to accomplish it.
INITIATIVE