1) The rganizing, leading. four contemporary management processes are planning,
ID: 409600 • Letter: 1
Question
1) The rganizing, leading. four contemporary management processes are planning, o and commanding. 2) In Mintzberg's view, the roles of figurehead, leader, and liaison are all interpersonal roles. 3) The Hawthorne studies suggested that groups could influence the productivity of an individual This payoff matrix gives values for strategies S1, S2, and S3 for the Bigg Company and competitive strategies CA1, CA2, and CA3 for the Large Company. From Bigg's point of view, the S1 maximum regret for CAl is 8. .CA CA2 CA3 S 8 5 12 S2 9 4 3 S3 16 13 20 5) Plan ning provides direction to managers and nonmanagers alike. 6) SWOT analysis includes the identification of an organization's strengths, s, opportunities, and threats. 7) The key to MBO, or management by objectives, is that managers and subordinates mutually agree on goals. 8) One assumption of bounded rationality is that managers can analyze all relevant information about all alternatives for a situation 9) Multinational corporations maintain significant operations in two or more countries simultaneously 10) Curren 11) According to Hofstede, countries such as Singapore and Japan are more tly, almost 50 percent of F ortune 500 companies are headed by women. collectivist than the United States. 12) The classical view of organizational social responsibility is that management's only social responsibility is to maximize profits. 13) A utilitarian view of ethics focuses on consequences and the greatest good for the greatest number of people 14) Workplace diversity focuses on the differences between people, but not their similarities. 15) Prior to the recession that began in 2008, many businesses became highly leveraged, which is another term for a company with a high debt-to-assets ratio.Explanation / Answer
True or false
1. True, these are the main functions and processes of management
2. According to mintzber, there are 10 managerial roles under 3 categories
Under interpersonal figurehead, leader and liaison, under informational monitor, disseminator, spokesperson and under decisional entrepreneur, disturbance handler resource allocator and negotiator
3
4
5
6. True
7. True, it is technique of personnel management, with using this technique managers and subordinates work together to reach the common goals
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9. True, multinational companies are also called as worldwide enterprise, which have facilities and assets in at least one country other than home country
10. From latest list of fortune 500 list, women entrepreneurs occupied 50 percent
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Single choice
1. A
2. D
3.d
4.a
5.
6.d
7.d
8.d
9.b
10.
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