Management Basics | Managing Resources | Steps of Creating a Management Team | Levels of Management | Everything About Management |
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What Is Management?
Management is an organization and coordination of activities taking place in a business in order to achieve an objective or goal.
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True & False
The distribution manager focuses on the amount of sales and how to sell more products in the market.
True.
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What is planning process?
The process of setting realistic goals for the company.
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What are the responsibilities in the lower level of management.
Implement plans from higher management.
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What are raw materials?
Materials that can be manufactured to be turned into sellable goods.
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What are the 4 major keys for functioning management team?
Planning, Organisation, Leading & Controlling.
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What what the duties for a purchasing manager?
Purchasing managers help companies save money and negotiate deals for the supply and delivery of raw materials.
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Which team is responsible for organization for the department?
Organization manager.
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What job titles are apart of the upper level management?
CEO,COO CFO, Vice president of marketing and Vice president of human resources.
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Define Participative planning?
When businesses allow employees to direct the training, promotion, and dismissal of other employees.
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What responsibilities do managers have?
Managers have multiple responsible for their employees and must ensure their project or goal is completed smoothly.
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Which manager conducts surveys for consumer to help the business improve their products.
Research and development managers.
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Define short & long term goals for planning?
Long term goal to maximise profits
Short term set as an income target. |
In the middle level of management what jobs are included?
Plant manager and regional manager
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True or False?
Well leading managers don't spend enough time motivating their employees and co-workers.
False. Managers spend a substantial amount of time.
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How many different levels of management are there and identify each level.
3 Levels.
Upper, Middle and Lower. |
What is the difference between distribution and marketing managers?
A marketing is manager focuses on making different sales strategies which includes advertising, promotional activities, and publicity and a distribution manager focuses on sales, and finds how to improve the distribution of the product to sell more product.
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What activities are the leading employees involved in?
Leading Teams, Managing Conflict and Stress.
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What are some examples of the lower level management?
Team leader, foreperson, and assistant manager.
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What are the traits needed for a leader?
Communication and being able to find a solution in a urgent situation.
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What are the 5 different managers that manage different resources areas?
Purchasing, production, marketing, research and development, finance.
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What is a comptroller? Include what department their in charge of?
Comptroller which is usually an accountant that is in charge of the finance department.
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Employee discipline, performance appraisal and budgeting are apart of which management team?
Controlling.
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What is the responsibility for the upper level of management? With examples.
Setting long term goals for the company such as developing new products, marketing and selling off parts of the business.
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The number of employees in a department, the amount of money the department receives and the extent of its physical supplies are all based on...?
The budget that is given.
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