introduction to management

Question 1

what is management

Answer 1

the process of organising resources in order to achieve objectives efficiently and efficiently

Question 2

what are the characteristics of a manager

Answer 2

1. uses initiative
2. decisive
3. charismatic
4. flexible
5. problem solver

Question 3

using initiative

Answer 3

being proactive

Question 4

being decisive

Answer 4

acts quickly and confident in their decisions

Question 5

having charisma

Answer 5

inspiring and passionate

Question 6

being flexible

Answer 6

adaptable being able to change

Question 7

being a problem solver

Answer 7

analyses problems and makes them manageable

Question 8

management vs enterprise

Question 9

managements role

Answer 9

day to day operations

Question 10

enterprise role

Answer 10

starts business and looks to expand

Question 11

managements risk

Answer 11

risk of losing job but not capital

Question 12

enterprises risk

Answer 12

financial and personal risk

Question 13

managements reward

Answer 13

earns a set salary

Question 14

enterprise reward

Answer 14

keeps profit, which can vary

Question 15

management ideas

Answer 15

implements entrepreneurs ideas

Question 16

enterprise ideas

Answer 16

creative and innovative

Question 17

3 management skills

Answer 17

leading
motivating
communicating

Question 18

what is leading

Answer 18

directing/delegating: guiding to achieve tasks

Question 19

what is motivating

Answer 19

energising/inspiring people mcgregors theory X/Y, maslows hierarchy of needs

Question 20

what is communicating

Answer 20

transfer of information from superior to subordinate, improve instruction, clear orders, remove barriers and factors