As a new, entry-level manager, how important is it to find ways to compensate for your relative

Question:

As a new, entry-level manager, how important is it to find ways to compensate for your relative lack of experience when trying to determine which alternative before you is most likely to succeed? What are some ways you can meet this challenge?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Understanding Management

ISBN: 978-0324568387

6th Edition

Authors: Richard L Daft, Dorothy Marcic

See More Books

Question Posted: Sep 12, 2012 05:19 AM

See More Questions

How important is it to be aware of the law when negotiating a contract? Does it depend on what you negotiate with? Does it depend on the size and complexity of the contract in question?
What are some ways banks can stale their charges, and how should the cost of bank debt be analyzed? In the early 1970s, Congress debated the need for new legislation, and it ended up passing a Truth...
How important is it that the warehouse bins and invoices are coded inconsistently? Respond in a paragraph. What are some of the problems created when a code appears to be mnemonic but employees are...
How many gallons of mercury (sg = 13.54) would weigh the same as 5 gal of castor oil, which has a specific weight of 59.69 lb/ft 3 ?
Why do bubbles emerge from the capillary tube? Explain why the boiling point is recorded when they stop.
Consider the following data from two independent samples. Construct a 90% confidence interval to estimate the difference in population proportions. x1 = 46 x2 = 48 n1 = 90 n2 = 80 AppendixLO1
Explain how teams are assigned and formed
Possible causes for price and efficiency variances You are a student preparing for a job interview with a Fortune 109 consumer products manufacturer. You are applying for a job in the Finance...
Consider how White Valley Spring Park Lodge could use capital budgeting to decide whether the $11,500,000 Spring Park Lodge expansion would be a good investment. Assume White Valley's managers...
Mr. Harish Jain, CEO of Energetic Enterprises has established the firm for the manufacture and marketing of an innovative product. The firm earned a reputation for its product within two years of its...
The Vroom-Jago model for group decision making has been criticized as being less than perfect. What do you think are the major criticisms of the model?
List some possible advantages and disadvantages to using computer technology for managerial decision making.
Draw the shear and moment diagrams for the shaft. The bearings at A and D exert only vertical reactions on the shaft. -15 in.12 in.- 20 in. -14 in- A D 35 lb 80 lb 110 lb
We are writing a business plan about expanding Robinson Development Group's business into Mexico. They do residential as well as business development in Virginia and have branched out on the East...
Political ideologies can influence trade. Although Russia's constitution lists it as a Federal Democratic State, many news outlets call it a "Fake Democracy". Now that Russia has invaded Ukraine, the...
A facultative oxidation pond is to be designed for a community of 5000 people. Summer wastewater flow is 2000 m 3 /d, and the BOD 5 is 180 g/m 3 . Winter flow and BOD 5 values are 6000 m 3 /d and 90...
Watch the video "Black Diamond: Managing in a Global Environment" https://youtu.be/lc29Ro9TOKg Describe at least two environmental factors that affect this business and summarize how the managers are...
In social media, one size does not fit all. Social media includes traditional platforms such as Facebook and Instagram, but it also includes podcasts, blogs, and video mediums. Each platform and...
Western Oil Company, which prepares financial statements on a calendar-year basis, purchased new drilling equipment on July 1, 2000, using check numbers 1015 and 1016. The check totals are shown...
Controls can be identified based on their function. The functions are preventive, detective, and corrective. A. True B. False
Classify the following items into liabilities and assets: (a) Motor vehicles (f) Owing to bank (b) Premises (g) Cash in hand (c) Accounts payable for inventory (h) Loan from D. Jones (d) Inventory...
How can both market and management factors affect the growth of a new venture?
What advantages do intensive growth strategies have over integrative and diversification strategies?
Why is it important to start a growth-oriented business with a plan for globalization from the beginning?
Which of the following statements regarding traditional cost accounting systems is false? a. Products are often over or under cost in traditional cost accounting systems. b. Most traditional cost...
Bart is a college student. Since his plan is to get a job immediately after graduation, he determines that he will need about $250,000 in life insurance to provide for his future wife and children...
Reporting Financial Statement Effects of Bond Transactions (please show me how you got the answers) Lundholm, Inc., which reports financial statements each December 31, is authorized to issue...

As a new, entry-level manager, how important is it to find ways to compensate for your relative

Question:

Step by Step Answer:

Finding ways to compensate for inexperience in decision making is critical to identifying the altern...View the full answer

Understanding Management

Students also viewed these Management Leadership questions