CHARACTERISTICS OF A GOOD MANAGER? The first words that come to mind when thinking about management are “plan‚ organize‚ coordinate and control” (Mintzberg 1989‚ p.9) as Henry Fayol first laid them down in 1916. These are the four things that a manager is supposed to do. In my opinion‚ they tend to generalize and describe vaguely a manager’s job. In spite of this fact‚ there are a number of characteristics that can be depicted from them. The qualities of a good manager should concern whether he
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Why good managers are important? A manager is a person who are responsible for administering and controlling part of or whole company or identical organization. It is not an easy job to manage a company. There are a lot of complexity associated with administering a company in a healthy manner. Some people might think that the six most viral qualities are to be flexibility‚ problem solving skills‚ imagination‚ be strong interpersonal skills‚ high level of energy‚ as well as obviously the eagerness
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is the project manager often called a super-manager? In an organization‚ if there is a project manager that is known to execute projects within the scheduled time frame and whose estimates are exact‚ he probably acquired a substantive amount of knowledge and experience over the years on project management. This “Super” project manager possesses therefore some valuable skills that can be taught to other project managers within the organization. Thus‚ this “super” manager will often be assigned to
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| 1. | Cash is another term for Stockholders’ Equity. | | | | True | | x| False | | | | Score: 1 of 1 | | 2. | Explanatory notes and supporting schedules are an optional part of an annual report. | | | | | True | | x | False | | | | Score: 1 of 1 | | 3. | Debt securities sold to investors that must be repaid at a particular date some years in the future are called | | | | | accounts payable. | | | notes receivable. | | | taxes payable. |
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Independent Article Report: “Why Companies Can No Longer Afford to Ignore Their Social Responsibilities” Theme of the Article Over the years‚ the perspective of corporate social responsibility has evolved in Corporate America. Today‚ many businesses have made promises to contribute to current social problems‚ such as the environment and labor standards. Companies are now looking at corporate social responsibility as a sustainability tactic that can benefit their overall market value. Companies
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negative responses often occur in sporting situations. Use practical examples for the theories you evaluate. The instinct theory of aggression states that aggression is natural and involves innate tendencies that are stable and enduring‚ meaning they are difficult to modify. It proposes the idea that aggression is a result of survival instinct to protect or survive. Aggression is said to occur in high arousal situations where stressful cues act as triggers for that aggression‚ often caused by others
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Problems Chapter 7 1. A population of 1‚000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. a. What are the expected value‚ standard deviation‚ and shape of the sampling distribution of the sample mean? b. What is the probability that these 64 students will spend a combined total of more than $715.21? c. What is the probability that these 64 students will spend a combined
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supersedes education in that it cannot be taught. It does not replace education‚ but augments theory with application. For instance‚ Dewey worked one summer shoveling cement on a highway crew in Texas. The work was physically demanding‚ and tempers often blew in the extreme summer heat. Dewey learned to develop his confrontational skills through this job‚ although shoveling cement has nothing to do with accounting. Dewey’s believes any job increases experience‚ and every job has the potential to improve
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1.1 What types of questions can be answered by analyzing financial statements? Would an investment generate attractive returns?- what is the degree of risk inherent in the investments-will cash flows be sufficient to service interest and principal payments to support the firm’s barrowing needs-should existing investment holdings be liquidated-does the company provide a good opportunities for employment‚ and employee benefits-how well does this company compete in its op environment. 1.2 What is
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Definition of a Manager A Manager is the person responsible for planning and directing the work of a group of individuals‚ monitoring their work‚ and taking corrective action when necessary. A manager can also be an individual who is in charge of a certain group of tasks‚ or a certain subset of a company. Managers may direct workers directly or they may direct several supervisors who direct the workers. The manager must be familiar with the work of all the groups he/she supervises‚ but does not
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