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We learned about the management's role in the achievement of organizational objectives. We learned about the major functions and levels of management.
1. What is the significance of a mission statement? Research the mission statement of your organization or a well-known entity. Does the mission statement accurately answer the questions identified in your textbook that a good mission statement should answer?
2. Describe the four functions of management. Which, if any, do you feel is the most important?
3. How would a sole proprietorship differ from a corporation when performing the five functions of management?
4. Your textbook identifies three level of management. Do you feel that any one is more important than the other?
5. If you were to create a business, what type of leadership style would you embody? Provide a real-world example of this type of leader and describe why this style was successful for him/her.
Describe the connection between the organization where you work and the business plan you are developing for that organization.
Distinguish between transformational and transactional leadership and how do transformational leaders use and change the organizational culture to achieve their vision
What are the strength points in the LMX theory from the leader and employee perspective?
In 200 words, explain Job Relatedness and its importance in selection and hiring practices.
You opened a sports brand in Canada 3 years ago and this week you need to set a strategy. Your products are tennis racket, skateboard and hockey stick.
Management Mission Statement - In any given industry, should the mission statement of a firm change when leadership changes?
Why should a company import?
Identify some of the key processes associated with the following business activities for a typical company: sales and marketing, supply chain management, managing information technology, and managing human resources.
You are the manager of a monopoly, and your demand and cost functions aregiven by P= 200 - 2Q and C(Q) = 2,000 + 3Q2 a. What price-quantity combination maximizes your firm's profits? b. Calculate the maximum profits.
Discuss some of the skills and abilities that you may need to acquire beyond your degree needed to acquire and progress in your selected position.
Go on the internet and identify a college recreation department. In a short paper, describe how the department is structured. How is departmental policy made?
What are 3 keys takeaways for you from this documentary as it relates to strategy in business?
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