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Updated on 05/05/2015 |
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Fayol defined a manager's job as comprising planning, organizing, coordinating and controlling. |
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The main task of human resources management is to ensure the welfare of the workforce. |
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Using the tools like Gantt charts and CPM (Critical Path Method) is against business etiquette and should be minimized, therefore. |
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Product, price, promotion and placement are the four Ps that comprise the marketing mix. |
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"Product life cycle" is the phrase that businesses commonly use to describe the simple fact that good and serves the consumers buy have limited life-span, e.g., the car you buy cannot usually last for your lifetime. |
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Multiple-Choice Questions |
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The Rolls-Royce BR715 engine that powers the Boeing 717-200 aircraft. |
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The 2008 Rolls-Royce Phantom Drophead Coupe with a MSRP of $407,000. | |||||
Google's G-phone that is supposed to
rival the iphone. |
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in "low context" cultures like the U.S. and Europe that require explicit written and verbal messages, than in the "high context" cultures like Japan, India and Latin America that prefer more visual cues and personal comfort level. |
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in "high context" cultures like Japan, India and Latin America that prefer more visual cues and personal comfort level than in the "low context" cultures like the U.S. and Europe that prefer explicit written and verbal messages. |
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than any other form of written
communication because it cuts noise (or minimizes redundancy) by being short and
straight-to-the-point. |
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employees are more likely to sacrifice their higher order needs in periods of economic downturn than during the periods of booming economy. | |||
employees are more likely to seek the fulfillment of |
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their higher order needs in periods of economic downturn such as the present than during the periods of booming economy, simply because depressed prices make the otherwise costly "stuff" affordable. |
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the main job of business is to
satisfy all the needs of its employees. |
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the example of a critical path method of scheduling analysis. | |||
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a Gantt chart that supervisors and production managers often use for scheduling purposes. | |||
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the example of a product-life-cycle. |
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Most of the profits are realized in the declining stage when the production and promotion costs are minimal. |
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Profits are most in the early and growth stages after which they start declining. |
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Product life cycle explains why
businesses need to continually innovate because, without such efforts,
the sales and profits will eventually disappear.
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better in a small power-distance culture like the U.S. than in a large power-distance culture like that in Singapore? | |||
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better in a large power-distance culture like that in Mexico than in a small power-distance culture like the U.S.? | |||
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well in all cultures so long as the focus is on large-scale routine operations that do not demand individual creativity? |
Short notes
Write 50-75 words answers, with sketches and
illustrations,
as and when appropriate.
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Why can't all businesses adopt the
Google model of HR management, with its flexible work schedules and
employee empowerment? Discuss. |
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Today’s manager, Mintzberg argued, has interpersonal (figurehead,
leader, liaison), informational (monitor, disseminator, spokesperson)
and decisional (entrepreneur, disturbance handler, negotiator) roles.
In what ways was this argument different from
Henri
Fayol's identification of
Planning,
Organizing, Coordinating and Controlling as the four jobs that a
manager does? |
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Can the product life cycle be
extended? In what ways?
Discuss with suitable examples. |
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Perform a SWOT (Strength,
Weakness, Opportunity and Threat) analysis of either your own
professional growth or that of the Glendale Community College, using the
present global economic downturn as the main environmental threat. |
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Explain what is meant by "Marketing Mix", giving suitable examples. |
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This site was last updated on 05/05/15