a) Corporate Mission, Vision And Core Values CORPORATE MISSION: A mission statement is an organization’s vision translated into written form. It makes concrete the leader’s view of the direction and purpose of the organization. For many corporate leaders it is Read More …
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Describe leadership styles and contexts: using the models of Ashridge, and Blake and Mouton (12 marks)
Using the Models of Ashridge, Blake And Mouton Blake and Mouton Robert Blake and Jane Mouton carried out research into managerial behaviour and observed two basic dimensions of leadership: concern for production (or task performance) and concern for people. Based Read More …
An important part of management understands the role of leadership. Required: (a) Describe Blake and Mouton’s Managerial Grid. (8marks) (b) Discuss the relevance to management of Blake and Mouton’s grid in understanding leadership styles. (12 marks)
Every manager has to provide leadership in one way or another. Many have no real idea what constitutes leadership. Overview: The professional accountant is frequently both the manager and leader. An understanding of leadership theory and practice is an important Read More …
The process of management is often described as comprising planning, organising, staffing, directing and controlling. a) What are the basic steps in the control process? (4 marks) b) Identify and explain the key considerations in each step in the control process (16 marks)
Control is the process of ensuring that actual activities conform to planned activities. In fact, control is more pervasive than planning. Control helps managers monitor the effectiveness of their planning, their organizing, and their leading activities. An essential part of Read More …
a) To manage organizations effectively, managers require effective control system. Identify and explain the control systems which may be used a manager to monitor and accomplish tasks in an organization. (15 marks) b) What are the drawbacks of control systems? (5 marks)
a) Control is a process that attempts to assure that the actual activities performed match the desired goals that have been set. Control assures that deviations from the goals are corrected. It provides feedback that can aid in setting future Read More …
“Some management experts feel that control (that is, setting standards, measuring performance against them and taking corrective action when needed) hinders creativity. Others take the opposite view”. With the help of examples give arguments in support of each view.
“Some management experts feel that control (that is, setting standards, measuring performance against them and taking corrective action when needed) hinders creativity. Others take the opposite view” The case for control Controls is essential as the best of plans may Read More …
From the study of managerial function of controlling, certain principles (truths) have been implied. These truths may be similar to truths in other areas management and they summarise the nature and purpose of control. State and discuss these principles.
PRINCIPLES OF CONTROL 1. Principle of purpose of control: The task of control is to ensure that plans succeed detecting deviations from plans and furnishing a basis for taking action to correct potential or actual undesired deviations. 2. Principle Read More …
a) Identify and explain the behavioural attributes that a manager should possess in order to successfully perform his duties. (10 marks) b) “Managers are not born, they are made”. Explain the ways in which the behavioural attributes of a manger mentioned in (a) above can be developed. (10 marks)
a) All managers do not work in the same way even at the same level – some managers will prove more successful and effective than others. To be successful and effective managers must have the following characteristics: 1. Will to Read More …
Explain the ways in which a manager may apply motivation theories to achieve effective performance employees in an organization.
The term compensation refers to all forms of financial returns and tangible benefits that employees receive as part of an employment relationship. Compensation is typically divided into direct and indirect components. Direct compensation refers to financial remuneration, usually cash, and Read More …
Various economic factors have forced firms to downsize their workforce. Explain the ways in which a manager may best manage a downsized workforce
Ways in which a manager may best manage a downsized workforce 1. Motivation – A leaner workforce implies greater responsibilities. A manager needs to therefore motivate employees to work harder and better. He should look into all the factors that Read More …