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business
principles of general management

Questions and Answers of Principles Of General Management

What is meant by the term integration?
Which form of integration do you consider most important to a general manager?
Which factor is most important to “managing the functional interfaces,”choosing the right functional managers or specifying the right rules for engagement?
Why are the concepts of free enterprise and competition important to the proper integration of the activities of subordinate business units?
What are the potential risks and rewards of deviating from industry norms in degrees of vertical integration?
What is the relative importance of strategy formulation versus execution?
What are the roles of the functional strategies in execution?
What role do meetings play in successful execution?
Why is the execution of one-time projects closely identified with managing change?
Why are controls and reporting so important?
What are the four types of goals?
What are the prerequisites for an effective control system?
What are the prerequisites for an effective reporting system?
How might the general manager know when to intervene?
Why is continuous learning so important to the general manager?
What attributes characterize a learning organization?
Why is systems thinking important?
Explain the meaning of the terms, learning before doing, learning while doing, and learning after doing. Is one more important than the others?
When you are a general manager, how will you ensure that your organization learns continuously?
What is the difference between public relations and advocacy?
Why are relationships so important?
What are the key relationships for a CEO?
Why is the Tylenol story so instructive?
What percentage of a general manager’s time and energy should be devoted to public relations and advocacy?
What is general management?
How does one become an effective general manager?
What kind of general manager do you want to be?
Why do some general managers fail?
Why is the general management position the ultimate corporate job in our economic system?

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