Podcast
Questions and Answers
What is the difference between effectiveness and efficiency in management?
What is the difference between effectiveness and efficiency in management?
Efficiency is the achievement of goals with minimum resources, while effectiveness is the achievement of objectives within a given period of time.
What are the three levels of management and what are their corresponding titles?
What are the three levels of management and what are their corresponding titles?
The three levels of management are top management (top manager), middle management (middle manager), and frontline management (frontline manager).
What are the four managerial roles according to Mintzberg's model and provide an example for each role?
What are the four managerial roles according to Mintzberg's model and provide an example for each role?
The four managerial roles are interpersonal (e.g. figurehead), informational (e.g. monitor), decisional (e.g. entrepreneur), and resource allocator (e.g. allocating budget for a project).
