Question: ( a ) State and briefly discuss the 4 basic functions of management that constitute the management process. ( 8 marks ) ( b )

(a) State and briefly discuss the 4 basic functions of management that constitute the management process.
(8 marks)
(b) Name and briefly describe the three (3) competing priorities in every project that are used to fine tune projects toward the most commercially successful outcome.
(3 marks)
(c) Name and briefly discuss 2 major elements of strategy management process used in establishing organizational direction.
(6 marks)
(d) In use of resources, managers are required to possess 2 qualities. Discuss these two (2) qualities.
(8 marks)
2.
(a) Name and briefly explain the 3 managerial skills.
(6 marks)
(b) Describe the two-tier of corporate hierarchy and who appoints members to these 2-tier of corporate hierarchy.
(4 marks)
(c) Discuss the three environmental levels analysis in strategic planning.
(9 marks)
(d) With the help of a diagram explain the steps of strategy management process, highlighting the main components of each step.
(6 marks)
3.
(a) Name 5 advantages of planning to managers.
(b) Planning is said to be a process comprising of 6 steps, describe the steps.
(c) Name the three duties of planners?
(d) Describe two (2) main ways in which the organizational structure affects organizational action.
(e) Explain how the many roles of the Chief Executive Officer (CEO) relate to roles as organizational planner?
4.
(a) Discuss the difference between strategic planning and tactical planning. (8 marks)
(b) Name and briefly describe the 4 main organization structures. (8 marks)
(c) Name which people in a company should typically be included in the planning process and explain why?
(d) Corporate governance essentially involves balancing the interests of the many stakeholders in a company. Name any 5 stakeholders that you know.
(5 marks)
(6 marks)
(6 marks)
(4 marks)
his/her
(4 marks)
(4 marks)
(5 marks)
 (a) State and briefly discuss the 4 basic functions of management

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!