Questions and Answers
What does the GEMS framework assume?
The management process is a continuous cycle.
How does the GEMS Management Wheel represent the management process?
As a continuous cycle.
What is the main difference between management processes according to the text?
The application of stages and organizational focus.
Which characteristic distinguishes the GEMS Management Wheel from other frameworks?
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At what point does an organization restart the management cycle?
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What is emphasized in the stories of the Corn Vendor, Sari-Sari Store Owner, and Grocery Manager regarding management stages?
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Why should the period of service not be too short for employees?
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How does using the initiative of employees benefit an organization?
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What is the significance of 'Esprit de Corps' in an organization?
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How does stability of tenure impact employee performance?
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What role does team spirit play in an organization?
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What is the first stage of the Management cycle?
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Why is data gathering important in the goal-setting stage?
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What does a manager do after data gathering in the primary stage?
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What does synthesizing data involve in the context of goal-setting?
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In the example of Mang Juan, what did he do before starting his corn-selling business?
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What is the primary purpose of synthesizing data in the context of goal-setting?
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What does Mr. Chua need to do from the phases of Goal-Setting and Executing the Plan?
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What does the quantitative aspect help the business manager determine?
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What is the main focus of the qualitative aspect mentioned in the text?
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What will Mr. Chua have to study to fully assess the status of his grocery business?
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Which instrument will help Mr. Chua measure the success of his business?
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What is the purpose of departmentalizing operations in large-scale retailing?
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What stage does COMMUNICATING come in, according to the text?
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What are Mang Juan's advertising tools for his corn business?
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When will GUIDING come into play for Mang Juan's business?
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What motivates Mang Juan to think about venturing into a more stable business?
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What does Mang Juan need to pass on if he decides to train his son or hire a helper?
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What is Mang Juan's next business venture after considering a more stable business due to physical exertion?
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