(October 17‚ 2011). Traits of a Good Manager. www.buzzle.com. Traits of a good Manager by Manali Oak retrieved October 17‚ 2011 From- http://www.buzzle.com/articles/traits-of-a-good-manager.html Summary- these article discuses 4 important traits that a good manager will need to succeed in the working world as well as some ideas on how to act and listen to your employee’s Leadership Leadership is one of the vital qualities of a good manager. A good manager is often seen exercising effective
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Q‚ Explain how someone can be a manager but not a leader‚ a leader but not a manager‚ and both a manager and a leader? Answer: The discussion between management and leadership has been considerable for a number of years. Differentiation between leadership and management is important. There is difference between manager and leader but both are important. Manger has to manage which means to accomplish and to bring about‚ to conduct and to feel the responsibility. On the other hand‚ Leader leads
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“The Manager Abroad” Name: Tallita Cristina Bertozi Ferrero Soares Student ID: S0237967 Course: HRM in the Global Environment - HRMT 20022 Lecturer: Melissa Sullivan Organizations considering global expansion strategies should also consider employment strategies that will be required to facilitate the relocation. While many global organizations have incorporated more short-term expatriation assignments and relocation efforts to help reduce costs‚ the traditional long-term assignments of many
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The Modern Manager The classic management approach mostly involves the meeting of needs and wants between the people working and the consumers. This is the management that is common for the people to do physical labor. In this way‚ the classic manager is responsible mostly in making these needs and wants of the people. He also has the authority over someone to meet his purpose as a manager. During this time‚ there is no clear distinction between a manager and a leader; wherein sometimes these
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Budgeting http://nces.ed.gov/pubs2004/h2r2/ch_3.asp Budgeting. Retrieved on February 17‚ 2009 at A major element of financial data activity rests in the act of budgeting. Budgeting is the process of allocating finite resources to the prioritized needs of an organization. In most cases‚ for a governmental entity‚ the budget represents the legal authority to spend money. Adoption of a budget implies that a set of decisions has been made that culminates matching resources with needs. As such‚ the
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varying roles and functions of a manager‚ all managers have the same fundamental functions that ensure the business runs as efficiently as possible.There are four areas that a manager deals with in the functional areas of any business. These four areas are controlling‚ leading‚ organizing‚ and planning.( Bateman ) It is important to realize that the role of control for a manager is not negative in nature. In the functional areas of a business‚ control means that a manager is making sure that all areas
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DIFFERENCE BETWEEN A FUNCTIONAL MANAGER AND A PROJECT MANAGER FUNCTIONAL MANAGER 1. He is in-charge of a firm’s functional depts. Such as marketing‚ engg.‚ or finance. 2. They are more skilled at analysis. Such heads are specialists in certain areas only. 3. They are analytical in approach (breaking the system into smaller and smaller elements) and they know something abt. the operation for which they are responsible. 4. In case of any difficulty‚ they know how to analyze
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characteristics and intellectual abilities BIOGRAPHICAL CHARACTERISTICS • Biography: A biography (from the Greek words bios meaning "life"‚ and graphos meaning "write") is an account of a person’s life. • Biographical characteristics represent many of the SURFACE-LEVEL aspects of diversity that are very easy to identify. • Personal Characteristics – such as age‚ gender‚ race and tenure – that are objective and easily obtained from personal records. AGE Older workers bring experience
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Manager: A form of work that involves coordinating an organization’s human‚ financial‚ physical and information resources toward accomplishing organizational objectives. Attainment of organizational goals in an effective and efficient manner through planning‚ organizing‚ leading and controlling organizational resources. NOTE THESE CHARACTERISTICS: Goal-driven Activity is effective and efficient Uses the four managerial functions What is Management? A set of activities planning and
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Capital budgeting refers to the total process of generating‚ evaluating‚ selecting and following up on capital expenditure alternatives. The firm allocates or budgets financial resources to new investment proposals. Basically‚ the firm may be confronted with three types of capital budgeting decisions i) the accept/reject decision‚ ii) the mutually exclusively choice decision and iii) the capital rationing decision. i) Asset – reject decision: This is a fundamental decision in capital budgeting
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