mr sims- topic 2; what are managers

Question 1

what does managers do

Answer 1

a person who has control of direction of an institution, business or a part of a plan
they organise and galvanise staff into implanting the strategies need to achieve the business objectives

Question 2

key aspects of management

Answer 2

goals must be kept 
people must be motivated 
objectives have to be monitored and assessed 
resources must be gathered 
plans must be set

Question 3

the levels of management

Answer 3

Top level management- senior level of organisation; setting the direction and making sure that goals have been achieved (example- CEO)
Middle level- intermediate level of organisation; responsible for at least two level on junior staff, main duty is to implement company strategy in the most efficient way (example HMR)
Team management- low level; working online tasks in managerial positions oversees the performance of employees (example team leaders)

Question 4

the three people that studied management

Answer 4

Henri Fayol (1916) suggested that mangers mange to forecast and plan to organise, to command and to co-ordinate also control 
Henry Mintzberg(1970) suggested that mangers were failable human beings interrupted continuously 
Peter Drucker(1944) suggested that the key was to keep eye on the prize-prize meaning reaching objectives, combined fayol and mintzberg ideas together

Question 5

the 5 roles of managers

Answer 5

Setting objectives- managers needs to have a clear idea on what needs to be achieved- depends on the objectives that business has set
objectives needs to be clear and specific, everyone within the business needs to understand it
Analysing the situation- 3 aspect of analysing in that matter
1)underpaying conditions the business faces
2) analysing the performance of different staff
3) analysing how effectively objectives are being met
Making decisions- have to keep in mind that some decision making have to make it to specific deadlines
Reviewing- excellent business practice insists that every decision be reviewed because its hard to do when the outcome is poor

Question 6

3 types of decision making in business

Answer 6

1) Strategic- long term, complex decisions made by senior management- this effect the entire business firm
2) Tactical- medium term decision, if anything had to go wrong a tactic would have more limited impact, they are changeable
3) operational- short term decisions- lower down in these types of decisions are made