1.Define and discuss the relationship between effectiveness and efficiency. How might an effective manager balance effectiveness and efficiency?

2.Explain the difference between managerial functions and managerial skills. What is significant about both with regard to a manager's job?

3. How did managers learn to manage? What is the best way for students to learn how to manage?

4. What is an objective? Why is it that without organizational objectives, the management process would be aimless and wasteful?