1.0 INTRODUCTION……………….................................................................................. 2 2.0 MANAGERS………………………………………………………………………….. 2 2.1 Top Level Managers…………………………………………………………… 2 2.2 Middle level Managers………………………………………………………… 2 2.3 Low level Managers or first-line Managers…………………………………… 3 3.0 MANAGERIAL FUNCTIONS………………………………………………………. 3 3.1 Planning……………………………………………………………………….. 4 3.2 Organising……………………………………………………………………… 4 3.3 Leading or Directing……………………………………………………………
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CYAN BLACK Managers can use a variety of carrots and sticks to encourage people to work together and accomplish change. Their ability to get results depends on selecting tools that match the circumstances they face. the primary task of management is to get people to work together in a systematic way. Like orchestra conductors‚ managers direct the talents and actions of various players to produce a desired result. It’s a complicated job‚ and it becomes much more so when managers are trying
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for this and persist to my objective to be a successful manager. As an ambitious woman‚ I enjoy learning modern management theory and developing my management skills. To challenge keen competition I realize a manager should have following skills and attributes: knowledge‚ social skills‚ creativity‚ organizing capability and decision-making skills. First of all‚ 21st century is an information age. Managers equipped with technical and managerial knowledge will succeed. ’It is knowledge that will lead
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INTRODUCTION Project Management very important in any organizations and companies‚ also can use in personal life to manage their life style depend on their capabilities. Project Management shares many of personal and group’s ideas‚ philosophies and a few anecdotes that help to achieve goal. Project management courses techniques or skills focus on project of scope‚ time‚ cost‚ quality‚ human‚ risk‚ communication‚ procurement and integrated management. As Warren Buffett said‚ “In the business
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Chapter 2 Homework Problem 1: | Project Cost | Net Cash Flows | Payback | Project A | 250‚000.00 | 75‚000.00 | 3.33 | Project B | 150‚000.00 | 52‚000.00 | 2.88 | Project B is better. It is less risky because it has a payback period of 2.88 or 2 years and 10 months. Problem 2: Average Rate of Return: ? Annual Profits: 30‚000.00 Project Cost: 200‚000.00 Average Rate of Return = $30‚000/$200‚000 = 0.15 = 15% Problem 3: Year | Nominal Cash Flow | Discounted Cash Flow
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Strategies to improve management skills: Training and professional development are important at all organizational levels. But with today’s fast-changing landscape‚ it’s even more important at the top. "If chief executive officers [CEOs] don’t stay educated‚ updated‚ and informed‚ I don’t see how they can manage a credit union that will survive‚" says Lee Gardner‚ CEO of Family Trust Federal Credit Union in Rock Hill‚ S.C. "The speed of change and the pressure to stay up-to-date are intimidating
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“All Managers are HR Managers?” Executive summary: In this paper the relationship between managers and HR managers will be discussed with regard to some of the primary HRM practices‚ such as recruitment‚ performance appraisal‚ compensation and benefits‚ and training & development. The importance of HR to organizational success is discussed highlighting the importance of HR and its use as a strategic tool. Both HRM and management are reviewed and the interrelationship between the two is established
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Middle-Level Functions towards the Success of the Organization The middle-level management performs certain tasks according to their departments and some of the duties include: i. Defining‚ explaining and monitoring the indicators of the performance of a group of employees. ii. Designing and implementation of the reward systems iii. Giving reports on performance up the chain of command and providing strategic recommendations where applicable iv. Designing and implementation of efficient information
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The Middle Passage was the voyage from Africa to the New World. However the Middle Passage was not the very first voyage. The Outward Passage was the very first voyage and it ran from Europe to Africa. The Middle Passage was the second voyage and then the last voyage was the return passage and it ran from the Americas to Europe. The Middle passage was the stage of the triangular trade in which millions of Africans were shipped to the New World as part of the Atlantic slave trade. Ships slowly departed
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Throughout the essay‚ the managers will be referred to as Mr X and Mr Y and their company’s will be referred to as Company X and Company Y respectively due to confidential reasons. The first manager that was interviewed in order to fulfil this task was Mr X. He works for Company X‚ which is‚ a large service based organisation at the position of ‘Head of Corporate Credit Administration.’ His key responsibility at this bank is to provide credit administration support to Corporate‚ Investment
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