Business Management Unit 1

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Questions and Answers

What is a primary reason why organisations exist?

  • To maximise profits without considering societal needs.
  • To produce items and provide services that individuals cannot alone. (correct)
  • To achieve their own goals, regardless of society's needs.
  • To provide career opportunities for their members only.

What is the main purpose of management in an organisation?

  • To ensure the organisation's goals are not operationalised.
  • To examine factors that enable an organisation to maximise its profits. (correct)
  • To disregard the purpose of the organisation.
  • To focus solely on controlling and leading functions.

What is the ultimate goal of an organisation?

  • To meet the needs and demands of current day society. (correct)
  • To operate without a systematic structure.
  • To exist solely for the benefit of its members.
  • To disregard the needs of society.

What enables an organisation to achieve its purpose?

<p>The presence of a distinct purpose. (D)</p> Signup and view all the answers

What is a key function of management in an organisation?

<p>To operationalise goals and support the organisation's purpose. (D)</p> Signup and view all the answers

What is the management process comprised of?

<p>Planning, organising, leading, and controlling functions. (D)</p> Signup and view all the answers

What is the primary purpose of the controlling function in management?

<p>To narrow the gap between planned and actual achievements (A)</p> Signup and view all the answers

What is the primary component of the management process?

<p>The four central management functions (POLC) (B)</p> Signup and view all the answers

What are the four management functions that comprise the core management process?

<p>Planning, Organising, Leading, and Controlling (A)</p> Signup and view all the answers

What is the primary purpose of the leading function in management?

<p>To influence employees to achieve organisational goals (B)</p> Signup and view all the answers

What is the primary component of the macro-environment?

<p>Technological, economic, social, political, and international environments (C)</p> Signup and view all the answers

What are the four basic resources that a municipality can utilise?

<p>Human, financial, physical, and informational resources (C)</p> Signup and view all the answers

What is the primary purpose of the organising function in management?

<p>To structure and arrange organisational resources (D)</p> Signup and view all the answers

What is the primary purpose of the planning function in management?

<p>To determine organisational goals and courses of action (A)</p> Signup and view all the answers

What do management schools of thought provide?

<p>Frameworks for effective management decisions and actions (D)</p> Signup and view all the answers

What is the definition of management?

<p>The process of planning, organising, leading, and controlling resources (A)</p> Signup and view all the answers

What are the essential components of management?

<p>Planning, organising, leading and controlling (C)</p> Signup and view all the answers

What distinguishes the three levels of management?

<p>All of the above (D)</p> Signup and view all the answers

What percentage of time do first-line managers spend leading?

<p>51% (D)</p> Signup and view all the answers

What do top managers spend most of their time doing?

<p>Organising and planning (C)</p> Signup and view all the answers

How many functional areas of management can be identified in a business?

<p>6 (D)</p> Signup and view all the answers

What is the primary role of management in an organisation?

<p>To support the establishment of goals and implementation of actions (A)</p> Signup and view all the answers

What is the seventh functional area of management that involves the execution of the four generic management functions?

<p>General Management (B)</p> Signup and view all the answers

According to Mintzberg, what is the limitation of the traditional POLC approach?

<p>It oversimplifies the complexity of the manager's job (A)</p> Signup and view all the answers

What characterises the manager's work, according to Mintzberg?

<p>Brevity, fragmentation, and an overburden of tasks (C)</p> Signup and view all the answers

At which levels of management is General Management performed?

<p>At all levels (D)</p> Signup and view all the answers

What is the primary focus of the General Management functional area?

<p>The execution of POLC functions (B)</p> Signup and view all the answers

Who argued that the traditional POLC approach fails to provide a practical approach to understanding and developing managerial competence?

<p>Mintzberg (A)</p> Signup and view all the answers

According to Mintzberg, what is required for management development programs to be effective?

<p>Combination of theoretical education and practical experience (D)</p> Signup and view all the answers

What is a characteristic of the 'new' organisation?

<p>Flexibility and adaptability (B)</p> Signup and view all the answers

What is a key change in the post-entrepreneurial organisation, according to Moss Kanter?

<p>Blurry lines between managers and non-managers (D)</p> Signup and view all the answers

What does Moss Kanter suggest managers need to learn to operate without?

<p>Hierarchy (A)</p> Signup and view all the answers

What is the primary difference between the traditional manager and the post-entrepreneurial manager?

<p>Source of power and influence (C)</p> Signup and view all the answers

What is a key aspect of the relationship between the organisation and the work of the manager?

<p>Managerial roles and skills (D)</p> Signup and view all the answers

What is the primary benefit of the managerial role approach, according to Mintzberg (1990)?

<p>It provides managers with insight into the pressures and complexities of their work (C)</p> Signup and view all the answers

What is an implication of the changing management environment, according to Robbins?

<p>Greater need for flexibility and adaptability (D)</p> Signup and view all the answers

What is the sequence of roles in Figure 1.2, according to Du Toit et al. (2007)?

<p>Status, Interpersonal Roles, Informational Roles, Decisional Roles (D)</p> Signup and view all the answers

What is a key factor in the emergence of the 'new' organisation, according to Robbins?

<p>Increased global competition (C)</p> Signup and view all the answers

What is a characteristic of the post-entrepreneurial organisation, according to Moss Kanter?

<p>Horizontal and peer networks (D)</p> Signup and view all the answers

What category of skills does the ability to view the operation of the organisation and its parts holistically fall under?

<p>Conceptual Skills (B)</p> Signup and view all the answers

According to Mintzberg (1990), what is the key difference between the managerial skills identified and those identified by Cronjé et al. (2004)?

<p>The focus of the skills, with Mintzberg focusing on importance and Cronjé et al. focusing on categories (D)</p> Signup and view all the answers

What is a key challenge faced by managers in the post-entrepreneurial organisation?

<p>Predicting career development paths (A)</p> Signup and view all the answers

What is the primary way in which management education provides opportunities for developing managerial skills?

<p>Through formal or continuous education (A)</p> Signup and view all the answers

What is the relationship between the interpersonal relationships formed by the manager and the carrying out of Informational Roles?

<p>The manager's interpersonal relationships provide the manager with access to information and the consequent carrying out of Informational Roles (A)</p> Signup and view all the answers

What is one of the skills identified by Mintzberg (1990) as important for managerial work?

<p>Negotiation skills (C)</p> Signup and view all the answers

What is the focus of the three categories of managerial skills identified by Cronjé et al. (2004)?

<p>Technical, Interpersonal, and Conceptual skills (A)</p> Signup and view all the answers

What is the primary purpose of the manager's role, according to Mintzberg (1990)?

<p>To perform ten different roles (B)</p> Signup and view all the answers

What is the sequence in which the manager's role is performed, according to Figure 1.2?

<p>Status, Interpersonal Roles, Informational Roles, Decisional Roles (A)</p> Signup and view all the answers

What is the primary difference between the traditional management approach and Moss Kanter's post-entrepreneurial approach?

<p>Focus on relationships and networks (A)</p> Signup and view all the answers

What is the primary objective of management in meeting the needs and demands of current day society?

<p>To establish goals and operationalise them (A)</p> Signup and view all the answers

What is the primary focus of the efficiency criterion in evaluating managerial and organisational performance?

<p>Achieving outputs that measure up to the inputs used (A)</p> Signup and view all the answers

What is a challenge for management in South African non-profit seeking organisations?

<p>Ensuring effective use of scarce resources (B)</p> Signup and view all the answers

What is a challenge for management in dealing with the HIV/AIDS epidemic in South Africa?

<p>Planning and devising inventive solutions (B)</p> Signup and view all the answers

What is the primary reason why Cronjé argues that the efficiency-effectiveness approach is simplistic?

<p>It does not consider the economic principle (C)</p> Signup and view all the answers

What is a challenge for management in South Africa?

<p>Managing a diverse workforce (B)</p> Signup and view all the answers

What is the primary objective of management training in South Africa?

<p>To acquire management competence (A)</p> Signup and view all the answers

What is a challenge for management in ensuring effective organisational performance?

<p>Acquiring management competence through training (B)</p> Signup and view all the answers

What is the primary focus of management in South African organisations?

<p>Ensuring managerial and economic empowerment (B)</p> Signup and view all the answers

What is the primary challenge in addressing the management challenges identified by Cronjé and Taylor?

<p>Negative management attitudes (C)</p> Signup and view all the answers

What was the focus of Hofmeyer's research in 1997?

<p>Management attitudes in South Africa (C)</p> Signup and view all the answers

What is the primary concern in addressing the management challenges identified by Cronjé and Taylor?

<p>Whether management is dedicated and enthusiastic (B)</p> Signup and view all the answers

What is the primary theme of Section 1 of this Study Guide?

<p>The fundamentals of management (D)</p> Signup and view all the answers

What is the primary concern in terms of South African management attitudes?

<p>They have become more negative since 1994 (D)</p> Signup and view all the answers

What is the relationship between management attitudes and addressing management challenges?

<p>Negative management attitudes lead to ineffective addressing of challenges (D)</p> Signup and view all the answers

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Study Notes

Organisations

  • Characterised by a distinct purpose, multiple members, and a systematic structure
  • Exist to produce items and/or provide services more efficiently than individuals operating alone
  • Meet the needs and demands of society by:
    • Bringing together resources to produce and provide products and services
    • Creating and providing career opportunities for society members

Management

  • Serves to ensure that organisational goals are established and operationalised
  • Comprises the functions of planning, organising, leading, and controlling (POLC)
  • POLC functions:
    • Planning: determining goals and courses of action
    • Organising: structuring and arranging work, resources, and departments
    • Leading: influencing employees to perform actions aligned with organisational goals
    • Controlling: narrowing the gap between plans and actual achievements

Environment

  • Organisations operate within a market environment, comprising consumers, suppliers, and competitors
  • Macro-environment includes technological, economic, social, political, and international environments
  • Both environments impact the organisation and affect management

Management Schools of Thought

  • Provide frameworks for guiding effective management decisions and actions
  • Present fundamental principles for managers and management students

Definition of Management

  • Consensus exists within the literature on the definition of management
  • Definitions include:
    • "...the process of planning, organising, leading and controlling the resources of the organisation to achieve stated organisational goals as productively as possible"
    • "...the process of getting things done through the efforts of other people"
    • "...the process of planning, organising, leading, and controlling the work of organisation members and of using all available organisational resources to reach stated organisational goals"

Levels of Management

  • Three levels of management within an organisation:
    • Top Management
    • Middle Management
    • Lower / First-Line / Supervisory Management
  • Distinguished according to level of responsibility, main functions, time orientation, and positions held
  • Time spent on management functions differs between each level of management

Management and the Organisation

  • Relationship between the organisation and management is critical in supporting the establishment of goals, implementation of actions, and utilisation of resources
  • Management serves to enable the achievement of the organisation's purpose
  • Areas of management include:
    • Marketing Management
    • Financial Management
    • Operations Management
    • Purchasing Management
    • Human Resource Management
    • Public Relations Management

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