QUESTION: 1 1.1 The traditional viewpoint of management This concept focuses on efficiency and is split into three main branches‚ namely; bureaucratic management‚ scientific management and administrative management. Scientific management focuses on the – one best way to do the job. Administrative management emphasizes the flow of information in the operation of the organization. The behavioural viewpoint of management Behavioural or human relations management emerged in the 1920s and dealt
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Two main groups of changes affect managers’ jobs and are significant to an organization: external forces and internal forces. With external forces‚ the need for change comes from various sources outside the organization: marketplace‚ governmental laws and regulations‚ technology‚ labor markets‚ and economic changes. Internal forces originate from the internal operations of the organization or from the impact of external changes. They include redefining an organization’s strategy‚ workforce‚ new equipment
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What was the most important reason to the outbreak of World War 1? The Great War (now known as World War 1) took place for 4 years from the 28th July of 1914 to the 11th of November 1918. There were two sides to the war‚ The Central Powers (Germany and Austria-Hungary) and The Allied Powers (The British Empire‚ France‚ The Russian Empire‚ Belgium‚ Italy etc.) There were about 16 million deaths and 21 million casualties. The Allies won the war and forced the end of the German Empire and the Treaty
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Facing the Lion “Courage doesn’t always roar. Sometimes courage is the quiet voice at the end of the day saying‚ “I will try again tomorrow.” - Mary Anne Radmacher. Joseph Lemasolai Lekuton‚ a 2003 graduate of Harvard University with a master’s degree in educational policy‚ built up his success from nearly nothing. He grew up in a Maasai nomadic tribe on the savannas of Kenya. Joseph was like any other boy in his tribe until one of his brothers was told he must attend school. His brother refused
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Economics for Managers by Paul Farnham y Chapter 5: Production and Cost Analysis in the Short Run © 2005 Prentice Hall‚ Inc. 5.1 Defining the Production Function P d ti F ti The formula can be read as “quantity of quantity output is a function of the inputs listed inside the parentheses” Q = f (L‚ K‚ M…) where Q = quantity of output L = quantity of labor input K = quantity of capital input y M = quantity of materials input © 2005 Prentice Hall‚ Inc. 5.2 Fixed
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Describe the social implications of business ethics facing a selected business in its different areas of activity. (P3 and M2) Social implications of business ethics The social implications often refer to those businesses that have an effect on society as a whole. They can relate to a number of areas of activity. I will now talk about the areas of activity. Areas of activity Ethics in finance In financial dealing and payments there are many kinds of unethical behaviour‚ however there are regulations
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Q‚ Explain how someone can be a manager but not a leader‚ a leader but not a manager‚ and both a manager and a leader? Answer: The discussion between management and leadership has been considerable for a number of years. Differentiation between leadership and management is important. There is difference between manager and leader but both are important. Manger has to manage which means to accomplish and to bring about‚ to conduct and to feel the responsibility. On the other hand‚ Leader leads
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MANAGER’S CHALLENGE AND OPPORTUNITIES IN THE CURRENT ECONOMIC CLIMATE VARUN ADITYA MURALINATHAN 4071817 In the current economic climate‚ most of the countries are facing recession for the past few years. Apart from the effective
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2. The Supreme Court case that established “Separate but Equal” was the Brown vs. Board of Education Supreme Court case. 3. A carpetbagger was a political candidate who seeks election in an area where they have no local connections. 4. The most significant impact of the Transcontinental Railroad was that allowed people to travel to places much easier and faster. 5. What brought upon the rapid urbanization of America in the late 1800’s was the industrial revolution. 6. The job of a muckraker was
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The Modern Manager The classic management approach mostly involves the meeting of needs and wants between the people working and the consumers. This is the management that is common for the people to do physical labor. In this way‚ the classic manager is responsible mostly in making these needs and wants of the people. He also has the authority over someone to meet his purpose as a manager. During this time‚ there is no clear distinction between a manager and a leader; wherein sometimes these
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