Al-Mazoon Company is producing Milk products inOman. The top management sets a productiontarget of selling minimum 2000 litres of milkproducts by the end of June 2021. Identify whichmanagement function is performed by thecompany?a. Organizingb. Planningc. Controllingd. Directing

Top management of the company is responsible for handling all the functions of management. There are…

Answered: Al-Mazoon Company is producing Milk…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Top management usually performs all of the following tasks EXCEPT: a. establish long-range plans O b. formulate basic policies of operation c. review new product development Od. develop strategic plans Oe. direct workers on the assembly line
General Motors planned to essentially quit making cars and trucks for nine weeks from mid-July through Sept and CC Power planned to close one of its nuclear plants permanently. Based on these particular news reports, what is the differencebetween GM’s and CC Power’s decisions?a. CC Power was trying to get rid of excess inventory, and GM was trying to become more efficient.b. GM was trying to maximise profits while CC Power was trying to minimise losses.c. GM’s decision to idle plants was a short-run shutdown decision. CC Power, by contrast, made a long-run decision toexit a specific market.d. There is no difference between GM’s and CC Power’s decisions; both were trying to get rid of excess inventory
Q11
The fundamental purpose for the existence of any organization is described by its: A. Policies B. Procedures C. Mission D. Strategy
1. A famous Oman dining chain needs to create menus that are tastier and include more things that consumers want and are able to pay for. How can 'information systems' support management execute this strategy? Which pieces of data does the organization like to collect? Also explain, how the reports can be helpful in assisting management make decisions relevant to improving menus and profitability? 2. Suppose you are a manager in an Omani organization that runs on a cross-border basis, what criteria will you use to determine if an application should be established as a global application or as a local application? Also explain the ways how the Internet can be utilized in International Information Systems. 3. On an ad hoc basis, Oman-based Mercedes-Benz car dealer Zawawi Trading Company LLC provided customer data to parent company. There is no real incentive for the dealer to share data with the company. How could this problem be solved by customer relationship management (CRM)…
All of the following is related to the planning function of management except: O a. Budgeting O b. None of the given answers O c. Establishing goals O d. Performance reports е. Future oriented
Cologne Ltd. is a large consumer products company. The incumbent CEO of the company left and Mr. Raza, who was second in command to the CEO, took over as CEO of the company. Mr. Shamsi is a senior executive in the company and has his own views. He has after all been in the business for a decade and a half and he thinks he knows how to tackle the slump the industry is going through. He did not wasted time and talked to the new CEO and told him what he thought needed to be done in the company. The CEO heard him out and suggested that he give him some time to learn the ropes. Eventually, when he did lay out his plan, Mr. Shamsi was shocked to see all his suggestions completely ignored. When he asked the CEO about this, he responded cryptically that he wanted a team that supportedhim completely and hinted that Mr. Shamsi leave the company if he was unhappy. He actually ventured far enough to offer his assistance in finding a new job for Shamsi. Mr. Shamsi was shocked. He did not understand…
2. Identify the the different levels of management, and say which level is responsible for formulating strategic plans and explain how they can formulated and implemented.
In one of the definitions used by Pearce and Robinson, Strategic management was described as the “art and science of formulating, implementing and evaluating cross-functional decisions aimed at achieving organizational goals”; Briefly discuss the context in which strategic management could be described as ‘an art’ and when it also could be described as ‘a science
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In one of the definitions used by Pearce and Robinson, Strategic management wasdescribed as the “art and science of formulating, implementing and evaluating crossfunctional decisions aimed at achieving organizational goals”; Briefly discuss the contextin which strategic management could be described as ‘an art’ and when it also could bedescribed as ‘a science’.

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Al-Mazoon Company is producing Milk products in Oman. The top management sets a production target of selling minimum 2000 litres of milk products by the end of June 2021. Identify which management function is performed by the company? a. Organizing b. Planning c. Controlling d. Directing