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- Question What is Porter’s competitive forces model, how do organizations take advantage of competitive forces model using IT.Mangement question True or false? Managers can be classified by both the level of the organization at which they work and the area in which they specializeQuestion 1 has to do with something NOT being one of the managerial considerations in determining how to compete successfully. 2. A company's strategy concerns (what does it consist of?). 3. The action plan is implemented by management (for what purpose?). 4. The competitive moves and business approaches a company's management is using to grow the business, stake out a market position, attract and please customers, compete successfully, conduct operations, and achieve organizational objectives. It is known as what? 5. The objectives of a well-crafted strategy require management to (do what?). 6. To improve performance, there are many different avenues for outcompeting rivals such as: (know how to compete against rivals). 7. A company's strategy defined as? 8. Every strategy needs what? 9. Question 9 asks which (from a list), is NOT something a company's strategy is concerned with (So, know what it does pertain to). 10. What is NOT a primary focus of a company's strategy? 11. When does…
- Engineering Management questionWhat may be used as aids in planningQ.1 Explain the implications of organizational development for the client? Course Organizational developementQuestion 7 1. The 2, is a company's most senior and important manager, the one all other top managers report to. are demonstrated in the general ability to analyze and diagnose a situation and to distinguish between cause and effect.
- QUESTION 1 You intend to conduct a training programme for current and future managers. Discuss with relevant examples FIVE (5) Off-the-job management training methods with advantages and disadvantages of each method.Q. 3. What do you mean by SWOT analysis? Why do firms engage in SWOT analysis?Course: Principle of Healthcare Finances First Question: What are some areas of supervision that a financial manager might be responsible for within a healthcare organization? Answer: Some areas of supervision for financial managers in healthcare organizations are as follows: Financial reporting and budgeting. Procurement of financing, their sources, and ensuring that the organization is legally authorized to procure such finance. Finding new opportunities and analyzing their prospects. Efficient use of available resources. Technological upgrades of medical equipment. Facilitating funds for medical research & development. Second Question: Why is it important for managers to recruit individuals who can work as a team? Answer: Recruiting individuals who can work as a team is important for managers because it ensures that they work better in an organization, hence become more productive. In addition, individuals who can work in a group try to manage the work efficiently and together…
- Q1. What is the difference between ownership and control? Why do differences between the two matter?QUESTION 25 1. ————— refers to a plan with a time horizon of one to three years and specifies concrete ways to implement the strategic plan. Controlling Organizational design Organizing Operational planning Tactical planningQuestion 3: To effectively utilize organizational resources organization must indulge in risk management. You have to go beyond the definitions and critically evaluate how each element of risk management contributes to effective decision making.