Management’s role and importance to organizational success.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Do not copy from another same ques answer.i need different one with introduction, conclusion of this ques. TASK DESCRIPTION Children educatio Personali Cross- Spouse's n willingne allowanc ty cultural ss to e compete Prior internati ncies travel onal experienc Spouscoverseas job assistanc Host country housing e assistanc e Income tax equalisati on policy Overseas health care plan Length of the Receptivity to Internation al Careers Age Family status Gender Marital status foreign assignme Career nt and repatriati on Company planning culture Destinati Opportun on ities for country career support (Tarique et al., 2015) Educatio n Tarique et al. (2015) developed the receptivity to international careers framework. Reflecting on generational differences in contemporary organisations, you are required to evaluate this model critically by addressing the following: 1. Identify the factors that are more important to Gen X, Gen Y, and Gen Z in their receptivity to international assignments. (1,500…

Brenda opened a pool and spa store in a lively shopping mall and finds business to be booming but she often stocks out of key items customers want. She decides to experiment with inventory control methods, such as using a continuous review (fixed-order quantity) and/or periodic review (fixed-order period) system. The 28-ounce bottle of Super Algaecide (SA) is a high margin SKU, but it stocks out frequently. Ten SA bottles come in each box, and she orders boxes from a vendor 160 miles away. Brenda is busy running the store and seldom has time to review store inventory status and order the right quantity at the right time. She collected the following data: Demand = 10 boxes per week Store open = 48 weeks/year Order cost = $36/order Lead-time = 5 weeks Item cost = $72/box Std. deviation in weekly demand = 8 Inventory-holding cost = 25 percent year Service level = 90 percent What is the economic order quantity (EOQ) rounded to the next highest number? Round to the…

Overview and history of South Africa’s road, rail and freight transport network. please include refere

Answer 2

Question

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Answer 6

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Answer 7

Chapter 14, Problem 1LO

Summary Introduction

To discuss: Management’s role and importance to organizational success.

Answer 8

Expert Solution & Answer

Explanation of Solution

The four basic roles of management is planning, organizing, leading and controlling.

Planning: It determines the organizational goals and action plans by way of achieving those goals. Creating strategies to reach the objectives and goals.

Organizing: It determines organizational as well as individual jobs and specify tasks, set policies and coordinate with work activities.

Leading: It directs and motivate the people in the organization to achieve specific organizational objectives.

Controlling: It monitors the performances and making the adjustments if needed.

Importance of management to organizational success:

Generally mangers are very crucial for the success of the organization. Managers plays an important role in controlling and monitoring the employees, allocation of work force, they set the short term for the company.

Management helps in achieving the group goals.
Establishes a sound organization.
Helps in optimum allocation of resources.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 14 - Prob. 1LO Ch. 14 - Prob. 2LO Ch. 14 - Prob. 3LO Ch. 14 - Prob. 4LO Ch. 14 - Prob. 5LO Ch. 14 - Prob. 6LO

Management’s role and importance to organizational success.

To discuss: Management’s role and importance to organizational success.

Explanation of Solution

Want to see more full solutions like this?

Chapter 14 Solutions