To determine:
Competencies and skills that are significant for the manager in situations such as sudden changes, threats, ambiguity and uncertainty.
Introduction:
Management skills refer to the ability of the manager to take decisions concerning business and direct the subordinate to implement those decisions in the organization. Management skills stand essential for team development, managing communication, employees and overseeing workplace issues.

Answer to Problem 1DQ
Solution:
The competencies and skills that stand important for a manager in the situation of sudden changes, threats, ambiguity and uncertainty are management, setting of objective, organization, communication and motivation, measure and development of people.
Explanation of Solution
The competencies and skills that stand important for a manager in the situation of sudden changes, threats, ambiguity and uncertainty are explained as follows:
- Management:
- Setting of objective:
- Organization:
- Communication and motivation:
- Measure:
- People's development:
It involves achieving the goals of the organization in an efficient and effective manner via controlling, leading, organizing and planning the resources of the organization. If the manager adheres to the aforesaid five functions, then he will be a successful manager even in the situation of threats or changes, ambiguity and uncertainty.
It involves laying down goals for the team and decide the plan of action for achieving the goals.
It involves division of the work into the practicable activities and choose folks that will be performing those activities.
It includes motivating the employees to have teamwork or through communication, promotion and other benefits.
It involves setting up of standards, targets and appraising the performance of the employees.
It involves identifying the employee's value and undertake development of this critical asset of the organization.
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Chapter 1 Solutions
UNDERSTANDING MANAGEMENT EBK
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- _____________ is the name given to the firm investing in international operations Question 51Answer a. Host Company b. Global Company c. International Company d. Parent Company Clear my choicearrow_forwardWhich of the following tools are the most appropriate for analyzing the macro-environment? Question 53Answer a. SWOT analysis b. Value Chain Analysis c. Benchmarking d. PESTLE frameworkarrow_forward________________is called the “action stage” of strategic management. Question 48Answer a. Strategy management b. Strategy implementation c. Strategy evaluation d. Strategy formulationarrow_forward
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- Assuring results is an attainable habit of a strategic leader only if a strategic leader is intentional in developing high performing organisations. Strategic leaders must be intentional in this because they can shape the organisational culture, or the culture may ‘manage’ the leader. One way to do this is to ______________ Question 17Answer a. Develop a Strategic Leadership plan b. Develop a Strategic Implementation Plan c. Implore levers of change d. Develop a Vision Statementarrow_forwardThis stage of the strategic management process, provides a control loop in determining the successful implementation of corporate, competitive, functional and global strategies. It seeks to ascertain the nature of the change betweenplanned strategies and its resultant emergent strategies Question 16Answer a. Strategic Advantage b. Strategic Formulation c. Strategic Implementation d. Strategy Evaluationarrow_forwardHigher product quality than rivals, Superior on-time delivery, A bigger market share, are all examples of: Question 11Answer a. Financial objectives b. Competitive Advantage objectives c. Components of Mission Statement d. Strategic objectivesarrow_forward
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