What type of management functions each of the following statements represent? Explain YOUR ANSWERThe dean and the head of department of business faculty have just finished interviewing four candidates who want to work for University of Kyrenia Business Faculty.Name of the management function :Reason : b) When Andy reported to her supervisor that the furniture assemblers at their manufacturing plant were using 15 percent more nails than in the preceding monthName of the management function (:Reason: c) To motivate and lead employees to reach a 20% higher market share next year, management of a firm decided to give some monetary incentives to employees.Name of the management function : DirectingReason : D) The management of a firm wants to increase their firm’s market share by 50% within the next three years. To accomplish this goal, they determined a competitive pricing strategy.Name of the management function : PlanningReason :

The process of bringing people together to work together to achieve organizational goals by making…

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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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What type of management functions each of the following statements represent? Explain YOUR ANSWER

The dean and the head of department of business faculty have just finished interviewing four candidates who want to work for University of Kyrenia Business Faculty.

Name of the management function :

Reason :

b) When Andy reported to her supervisor that the furniture assemblers at their manufacturing plant were using 15 percent more nails than in the preceding month

Name of the management function (:

Reason:

c) To motivate and lead employees to reach a 20% higher market share next year, management of a firm decided to give some monetary incentives to employees.

Name of the management function : Directing

Reason :

D) The management of a firm wants to increase their firm’s market share by 50% within the next three years. To accomplish this goal, they determined a competitive pricing strategy.

Name of the management function : Planning

Reason :

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