safety Needs 3. Social Needs 4. Esteem or ego needs 5. Self – actualization needs. 2. Define Management By Objectives. According to John Humble - Management By Objectives or “MBO is a dynamic system which integrates the company’s need to achieve its goals for profit and growth‚ with the manager’s need to contribute and develop himself.” In other words‚ MBO is a dynamic system of management; it recognizes the need of the manager to achieve and to grow on the job and it integrates the individual
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Case 1: Introduction of the Case: Abstract: Carrefour was the second largest retailer of consumer goods and groceries worldwide‚after Wal-mart. The company pioneered the concept of hypermarket in their homecountry‚ France‚ as early as 1960’s.However‚ towards late 1990’s; Carrefour saw a de-cline in their French hypermarkets owing to certain unfavorable government regula-tions and competition from hard discount stores. Carrefour introduced a series of strategic initiatives in an effort to revamp
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Test Correlation Table Question Types/Level of Difficulty |LEARNING OBJECTIVES | |Easy |Moderate |Difficult | |1. Define managers and management. |TF |3‚ 6 |1‚ 2‚ 4 |5‚ 7 | | |MC |4‚ 5‚ 7‚ 10‚ 12 |1‚ 3‚ 6 |2‚ 8‚ 9‚ 11‚ 13 | |
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1. Management is as a factor of production along with machines‚ materials‚ and money. Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. 2. Four main factors of management are: * Planning‚ Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions. It also requires that managers
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years. This leads them to fight for continuing their market shares over the growth of the market that has been expected. Therefore‚ this essay will identify the management methods that Google and Apple employ as a tool to fight against each other in order to expand their market shares and will also explain the organisational and management concepts and theories that are related to each method. A Definition of Organisation Before discussing about managing methods and strategies of each company‚ we
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Read the following case and answer the questions given at the end of the case. LOSING A GOOD MAN Sundar Steel Limited was a medium-sized steel company manufacturing special steels of various types and grades. It employed 5‚000 workers and 450 executives. Under the General Manager operation‚ maintenance‚ and headed by a chief. The Chief of and under him Mukherjee Maintenance Engineer. The total was 500 workers‚ 25 executives‚ (Production)‚ there were services groups‚ each Maintenance was Shukla was
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Boss : He is responsible for the repairs and maintenance of machines. Inspector Boss : He is responsible for maintaining the quality of production. 4. Mental Revolution Taylor introduced the concept of "Mental Revolution". He said that the management and workers should have a positive attitude towards
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Project Management • • • • • Introduction to project management Critical path method (CPM) Crashing Uncertain activity durations Reading: Page 760 – 794 Project • Project: – A special type of process / transformation – A series of related jobs directed toward some major output – Require time and resources – Examples • MS Windows 2000‚ Fund raising‚ Preparation for a private party‚ Building a new airport… The Campus Wedding Reserve Church (1) Church Notice (17) 1 Decorate Church
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Chapter 9: Human Resources and Diversity Assignment NOTE: Fill in all answers in RED font Activity 1 Directions: Answer the following discussion questions Answers to Discussion Questions 1. Which selection criteria (personal interview‚ employment test‚ assessment center) do you think would be most valuable for predicting effective job performance for a manager in a record company? For one of your college professors? For a manager at a coffee shop such as Starbucks? Discuss. For a manager
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International Case : Carrefour — Which Way to Go? Wal-Mart’s biggest global competitor is the big French retailer Carretour‚ a firm that has hypermarkets‚ big stores offering a variety of goods. It has made large investments around the globe in Latin America and China. But not all is well as competitors taking market share its home market‚ for instance. There has been even speculation of a takeover by Wal-Mart or Tesco‚ an English chain. Mr. Barnard has been ousted after heading the company
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