Understanding management, leadership & decision making

Question 1

Name the roles of managers (elaborate on each)

Answer 1

• setting objectives (for individuals, teams & functions) - must align with corporate objectives
• analysing - factors contributing towards the achievement of objectives, analyse business performance
• set tasks, make day-to-day decisions - monitor progress of tasks
• direct - motivation
• organising - resources, how to use resources
• controlling - was the action taken correctly, what should do in future
• planning - set objectives, monitor competitors and consumers, gap in the market