Podcast
Questions and Answers
Match the managerial responsibility with its description:
Match the managerial responsibility with its description:
Long range planning = Frequently involved in strategic planning Controlling = Evaluate and take corrective action concerning resource allocation Environmental scanning = Monitor indicators such as return on equity and business cycles Resource allocator = Involved in allocating human, financial, and material resources
Match the major characteristic of a manager's job with its description:
Match the major characteristic of a manager's job with its description:
Time is fragmented = Increased work hours with diminishing returns Values compete and various roles are in tension = Balancing quick delivery with high quality levels The job is overloaded = Organizing to become more efficient and competitive Efficiency is a core skill = Becoming a key management skill in the 21st century
Match the managerial role with its function:
Match the managerial role with its function:
Entrepreneur = Innovative and risk-taking role Disturbance handler = Dealing with unexpected disruptions Negotiator = Resolving conflicts and reaching agreements Managerial responsibilities = Involves long-range planning and controlling
Match the managerial role with its description:
Match the managerial role with its description:
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Match the function with its description:
Match the function with its description:
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Match the characteristic of a manager's job with its description:
Match the characteristic of a manager's job with its description:
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Match the type of managerial role with its function:
Match the type of managerial role with its function:
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Match the managerial responsibility with its description:
Match the managerial responsibility with its description:
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Match the managerial task with its function:
Match the managerial task with its function:
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Match the managerial activity with its description:
Match the managerial activity with its description:
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Match the managerial role with its primary focus:
Match the managerial role with its primary focus:
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Match the managerial responsibility with its key function:
Match the managerial responsibility with its key function:
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Match the managerial duty with its main task:
Match the managerial duty with its main task:
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Study Notes
Managerial Responsibilities
- Long-range planning involves occupying positions that are frequently involved in strategic planning
- Controlling requires evaluating and taking corrective action concerning the allocation and use of human, financial, and material resources
- Environmental scanning involves monitoring changes in the business and indicators such as return on equity or investment, business cycles, and so on
Roles of a Manager
- Interpersonal roles require interacting with substantial numbers of people, including:
- Figurehead
- Leader
- Liaison
- Informal roles require gathering, collating, analyzing, storing, and disseminating information, including:
- Monitor
- Disseminator
- Spokesperson
- Decisional roles involve making decisions on behalf of the organisation and stakeholders, including:
- Entrepreneur
- Disturbance Handler
- Resource Allocator
- Negotiator
Characteristics of a Manager's Job
- Time is fragmented, with increased work hours and diminishing marginal returns
- Values compete, and various roles are in tension
- The job is overloaded, requiring managers to organise and make their work more efficient, nimble, and competitive
- Efficiency is a core skill in the 21st century
Everyday Activities of a Manager
- Meetings, meetings, meetings, which consume a lot of time and leave little time for other work
- Supervising, which involves continually overseeing the work of subordinates
- Coordinating, which involves coordinating the work of others both inside and outside the work unit
- Customer relations and marketing, which involves direct contact with customers and potential customers
- Community relations, which involves nurturing relationships with representatives from various constituencies outside the company
- Internal consulting, which involves using technical expertise to solve internal problems
- Monitoring products and services, which involves planning, scheduling, and monitoring the design and delivery of an organisation's products and services
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Description
This quiz covers the functions of managers in organizations, including planning, organizing, directing, and controlling resources to achieve specific goals. It also highlights the daily responsibilities of managers, such as attending numerous meetings and the challenges they face in balancing meeting time with work time.