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business
fundamentals of management

Questions and Answers of Fundamentals Of Management

What are the main reasons why organisations “globalise”?
What are the main difficulties facing organisations that globalise.Illustrate your answer with at least three specific examples.
Use Yellow Pages or the Web to locate two specific examples, preferably from your own area or region, of the following types of organisations in which managers work. Enter their names in a table such
Choose two countries that you think you might visit, or work in, in the future. Visit Geert Hoftstede’s website (www.geert-hofstede.com) and look up the the cultural profile of these countries.
Visit www.cyborlink.com, scroll down to bottom of page and choose the two countries you nominated in the previous exercise. Using this information make a list of two important things that you would
Form a discussion group that contains students from other countries.Write a list of things you would expect foreign student to find unfamiliar or difficult about coming to your country. Then ask the
Read Chan’s (1997) article (“The corporate culture of a clan”) to obtain a fuller understanding of a clan culture.
Choose four organisations you know – preferably organisations where you have worked. Consider each in turn. Decide whether each had a culture of adhocracy, hierarchy, clan or market.
Choose four family members or friends who are working. Read them the sections of this chapter that describe adhocracy, hierarchy, clan or market cultures. Ask them to decide the type of subculture
Most of us have to work for a living, and a job is a central part of our lives. Why then do managers have to worry about employee motivation issues? LO2
If you accept Theory Y assumptions, how would you be likely to motivate employees? What would you do if you accept Theory X assumptions? LO2
What are the two contingency variables of the pathgoal theory of leadership? LO4
“All managers should be leaders, but not all leaders should be managers.” Do you agree or disagree with this statement? Support your position. LO4
Why is feedback control the most popular type of control?Justify your response.
Is Visa being overly cautious? Why or why not?
Which controls would be more important to Visa:feedforward, concurrent, or feedback? Explain.
What other managerial controls might be useful to the company?
What was Lululemon’s biggest mistake?
Why are metrics important, and how they can contribute to improved performance and profitability?
Analyze the metrics that are currently being used for the hypothetical credit union’s balanced scorecard.What recommendations would you make?
Contrast formal and informal planning.
Describe the differences and explain the relationships between (a) strategic and operational plans, (b) short- and long-term plans, and (c) specific and directional plans.
What should the professor stop doing?
What should the professor start doing?
What should the professor continue doing?
What is your college or university’s vision and mission?What resources does your college or university have that support its vision and mission?
How would you describe your college or university’s environment in terms of PESTEL?
What do you believe are the strengths and weaknesses of your college or university? What are its opportunities and threats?
Which of Porter’s generic strategies is evident at your college or university?
What do you believe is your college or university’s competitive advantage? What do you think your college or university should do to sustain its competitive advantage?
Is strategic planning as important in education as it is in business?
How is the planning process in the wine industry similar to that in other manufacturing industries?
What kinds of contingency plans are required in the PEC wine region?
What growth strategies are most suitable for the PEC wine industry?
What competitive advantage do you think Zara is pursuing?
What strategic implications does Zara’s move into online retailing have? (Hint: Think in terms of resources and capabilities.)
What is the difference between a mechanistic and an organic organization?
Which do you think is more efficient: a wide or a narrow span of control? What is an example of a company that would benefit from a narrow span of control? A wide span of control?
What functions could your college or university outsource?Why?
Describe and evaluate what Pfizer is doing.
Do you think this arrangement would work for other types of organizations? Why or why not?
Should Bruce Levitt set up another company or, instead, set up an alliance with a foreign company that would sell its products under the Levitt-Safety name?
How has Levitt-Safety remained a family business for over 80 years?
Describe a decision you have made that closely aligns with the assumptions of perfect rationality. Compare this with the process you used (or would use) to select your major. Did you depart from the
A man appeared after the owner had turned off his store lights. True, false, or unknown?
The robber was a man. True, false, or unknown?
The man did not demand money. True, false, or unknown?
The man who opened the cash register was the owner.True, false, or unknown?
The store owner scooped up the contents of the cash register and ran away. True, false, or unknown?
Someone opened a cash register. True, false, or unknown?
After the man who demanded the money scooped up the contents of the cash register, he ran away. True, false, or unknown?
The cash register contained money, but the story does not state how much. True, false, or unknown?
The robber demanded money of the owner. True, false, or unknown?
The story concerns a series of events in which only three persons are referred to: the owner of the store, a man who demanded money, and a member of the police force. True, false, or unknown?
The following events in the story are true: Someone demanded money; a cash register was opened; its contents were scooped up; a man dashed out of the store.True, false, or unknown?
Is it appropriate for baseball managers to use only quantitative, objective criteria in evaluating their players?Why?
Describe how baseball front-office executives and college coaches could use each of the following to make better decisions: (a) rationality; (b) bounded rationality;and (c) intuition.
Can there be too much information in managing the business of baseball? Discuss.
What is the importance of IDEA being a step-by-step process?
Can this approach be used by organizations outside of healthcare?
What are some possible consequences of employees’perceiving an inequity between their inputs and outcomes and those of others?
Describe a task you have done recently for which you exerted a high level of effort. Explain your behaviour using the following motivation approaches: (1) goalsetting theory, (2) four-drive theory,
Describe several means that you might use to motivate(1) part-time, minimum-wage employees working for a small company that makes tortillas or (2) professional and technical employees working for a
What is it like to work at one of BHP Billiton’s mining camps? (Hint: Go to BHP Billiton’s website, and click on People and Careers.) What is your assessment of the company’s philosophy toward
What do you think is ATCO’s biggest challenge in keeping employees occupied while living in a huge work camp?
If you were managing a team of potash miners and tradespeople, how would you keep them motivated?
How are each individual’s lists (Task 1 and Task 2)similar or dissimilar to the others? What do the differences or similarities suggest to you?
What have you learned about how and why to motivate others, and how can you apply this information?
How will sustainability practices increase the motivation of employees?
How can sustainability provide added value to clients?
How will sustainability practices of clients lead to decreased credit risk?
Which stakeholders might put pressure on MFIs to have better sustainability performance?
What types of rewards are suited to this type of work environment?
Which contemporary theory of motivation is most applicable to DevFacto?
What are the risks of separating the creative side from the production side?
What are the challenges of running an organization in multiple countries?
Research what has happened to Gravity Payments since the decision was made. What can be learned from this case?
How does a manager’s job vary with his or her level in the organization?
What are the three skills that affect managerial effectiveness?
Are effective organizations always efficient? Discuss. If you had to choose between being effective or being efficient, which would you say is more important? Why?
Is your instructor a manager? Discuss in terms of planning, organizing, leading, and controlling and in terms of Mintzberg’s managerial roles.
What similarities exist with the job activities of the owner of an automotive repair shop that employs two people and those of the executive director of the Canadian Cancer Society?
As a company gets bigger, does it become harder to stay innovative? Why or why not?
What are the perks that appeal to you?
Describe the findings of Project Oxygen using Mintzberg’s role approach.
Are you surprised at what Google found out about“building a better boss”? Explain your answer.
What is the difference between encouraging managers to be great managers and knowing what being a great manager involves?
What could other companies learn from Google’s experiences?
Would you want to work for a company like Google?Why or why not?
What are the two types of interview questions that employers should use?
Your typical approach has not been successful.Describe your approach.
What, in your opinion, is this person’s personality and behavioural style?
How does this person react to your style?
What way(s) could you modify your behaviour to improve your relationship with this person?
Outline a specific action plan for your next meeting with this person.
Should employers ban relationships in the workplace?
A positive of the #MeToo movement is that people are less afraid to come forward with concerns about harassment. What other positive and negative implications are there?
What does this case imply about the supply and demand for employees, and what implications does that have for businesses?
What do you think of the recruiting approaches that Google and Facebook have tried?
Contrast (1) self-managed and cross-functional teams with and (2) virtual and face-to-face teams.

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