Which of the following is not a role of management. Select one: a. Technical O b. Tactical C. O c. Operational O d. Strategic
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- There are so many avenues through which the concepts of strategic management could be appliedin real life.Required: a. With reference to the business model canvas, illustrate how thenine (9) elements interact in ascertaining how a business can sustainably generaterevenues. b. Using an organization of your choice, practically demonstrate your understanding of theorganization’s business model.1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.All of the following is related to the planning function of management except: O a. Budgeting O b. None of the given answers O c. Establishing goals O d. Performance reports е. Future oriented
- The major functions of management are A. strategic management and long-range planning B. planning and decision making C. identifying threats and opportunities for the firm D. all of the aboveOpportunities and threats are: a) identified as part of the firm's tactical planning process. b) factors that are external to the firm but can still affect its performance C) factors that are internal to the firm and those over which the firm has a great deal of control. d) dealt with primarily in a furm's operational planning process.All of the following questions relate to the decision making function of :management except Budgeting .a O Performance reports .b O None of the given answers .C Future oriented .d Establishing goals .e O
- 49. Assessing mission-critical positions and people who have the skills to help ensure the organization can deliver on strategic objectives can be facilitated by this increasingly popular easy-to-use method: O a. succession planning O b. 9-box grid O c. career planning O d. employee development O e. job analysis Artiva1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.Q1. Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization? If No, give your perceptions regarding the limitations and why the organization does not engage in strategic management and planning. Q2. Discuss briefly why ethical decision-making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.
- . A training program allows a firm to establish the necessary abilities in their personnel.Describe the significant of strategic training.Which among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.