Explain the main managerial reasons of being in the market

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Reference no: EM132519613 , Length: 5 pages

BUS 100 Introduction to Management - Emirates College of Technology

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6. References

You are responsible for appropriately citing material and methods that you use. Give references for the data collected from a text book, a magazine or a website identifying its sources while using the appropriate form. In the references section, references should be in a numbered list, ordered alphabetically by the last name of the first author.

Write on the following three topics.

Part I- Choose any two companies, preferably from different industries. research the companies' Web sites and find examples of business organizations survive for 100+ years.

1- Write brief description about each organization.
2- Explain the main managerial reasons of being in the market for this long time in terms of:
- Organization Leadership
- Motivation process
- Controlling process
3- What did you learn from this kind of organizations?

Part II- EFFECTIVE DECISION-MAKING FOR TODAY'S WORLD

Today's business world faced a crisis which is COVID19 and accordingly managers revolves around making decisions challenge with incomplete information, vague situation and under intense time pressure.

4- What type of DECISION mangers need to make?
5- How can managers make effective decisions under this condition?

Part III- It's been said that if you don't know where you're going, any road will get you there. Goal setting is an essential component of planning success.

Suppose you are a manager;

6- Suggest three organizational goals that match with the well-constructed goals.

7- how and why do you think your employees should engage in it?

8- Clarify the difference between setting Organizational goals through a traditional process and by using management by objectives (MBO)

Attachment:- Introduction to Management.rar

Reference no: EM132519613

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