3.2

Question 1

Role of mangers

Answer 1

Setting objectives
Analysing
Leading
Making decisions
Reviewing

Question 2

Tannebun and schmidt

Answer 2

Different leadership styles

Tells - makes full decision but notifies subordinates

Sells - makes decision but overcomes resistance through persuasion

Consults - identifies and presents to group (advice)

Joins - defines problem and passes on decision making

Question 3

Scientific decision making influences

Answer 3

Risks
Rewards
Uncertainty
Opportunity cost

Question 4

Other influences

Answer 4

PESTLE
mission and objectives
Resources

Question 5

Difference between stake and shareholders

Answer 5

Shareholders - own

Stakeholders - interest

Question 6

Conflicts between stakeholders

Answer 6

Increasing prices
Cut jobs
Greater automation

Question 7

Influences on relationship with stakeholders

Answer 7

PESTLE

Type of business

Type of management

Question 8

Influences on decisions making to include

Answer 8

Mission
Objectives
Ethics
PESTLE
Resources