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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interaction with its external and internal environments. The contingency viewpoint of management This viewpoint is useful because of its diagnostic approach‚ because it clearly departs from the one-best-way approach of the traditionalists. It encourages managers to analyse and understand situational differences and to choose the solution best suited to the organisation‚ the process and the people involved in each situation. The quality viewpoint of management This viewpoint emphasizes achieving customer
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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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A product manager investigates‚ selects‚ and develops products for an organization‚ performing the activities of product management. A product manager considers numerous factors such as intended demographic‚ the products offered by the competition‚ and how well the product fits with the company’s business model. Generally‚ a product manager manages one or more tangible products. However‚ the term may be used to describe a person who manages intangible products‚ such as music‚ information‚ and services
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mmuniBeroepen van de toekomst: wat doet een Community Manager precies? Since big companies have seen the importance of social network sites to promote their brand‚ it seems like there is a rising demand for community managers. Although this new kind of profession is still in full development and the description of this internet job is rather vague‚ the job is surely indispensable according to some. Some four or five years ago the job title emerged for the first time but before that the leaders
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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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finance for manager Table of content Q1: Sustainability of Debt Finance Management Introduction…………………………………………………………………………………………….3 1.1 Literature review…………………………………………………………………………………..3 1.2 Assumption and argument for this debt financing findings from ICAEW……………………5 1.3 Financial ratio analysis for the debt financing situation of the chosen listed company……6 1.3.1 Debt financing performance………………………………………………………………6 1.3.2 Operation performance……………………………………………………………………8 1.3.3 Systematic
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roles of the manager effective in objectifying management? DISCUSSION In approaching the subject of what a manager does‚ we first outline the elements of functions‚ skills and roles in a managerial environment: A function in a managerial context is the activity or job of the manager in carrying out the objectives of the organisation. A skill in the context of management is a competent attribute that enables the efficient and effective utilisation of resources by the manager in an organisation
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Should the manager let the teammates leave? Mr. C (the manager) joined the ‘H’ company on Jun‚ 2009. ‘H’ company is a big group company in the chemical fiber industry in China. ‘H’ Company is a private family company and it has 5 factories located in different province in China. Altogether ‘H’ company has more than 5‚000 employees. ‘H’ company uses the raw material cotton linter to produce cotton pulp and then sell the cotton pulp in China. Nearly 80% of the raw material cotton linter was purchased
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Ideally‚ the project manager should conduct the sponsor interview(s) prior to beginning the project. The interview provides an opportunity for the project manager and sponsor to clarify and document how the sponsor will determine project success. What are the business objectives of the project? Who are the key project stakeholders? How will the sponsors measure the success of the project? Prepare for the sponsor interview by reviewing the Initial Sponsor Interview form in detail and by reviewing
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