Answer the questions.

Date: 2015-10-07; view: 531.

Mark the following statements true or false.

Operational ( low-level managers)

Tactical ( middle-level managers)

Strategic (top-level managers)

Information technology management.

Financial management

Marketing management

Strategic management

Operations/ production management

Human resources management

Management operates through various functions, often classified as planning, organizing, staffing, leading/directing, controlling/monitoring and motivating.

Managers are the key decision makers and problem solvers in companies. In order to perform most efficiently and effectively, managers must receive the information they need in a timely manner.

Management is divided into three basic levels:

The size of management can range from one person in a small firm to hundreds or thousands of managers in multinational companies.

1 Managers must know the objectives of their firm very well.

2 Managers take responsibility for the resources they have now and those that they may have.

3 Even ancient people needed management.

4 Some basic aspects of management had been worked out by 1900.

5 The first MBA certificates were given to students in Great Britain

6 Modern management needs IT experts.

7 Management includes five functions.

1 What does the word “management” mean?

2 What is the responsibility list of a manager?

3 When did people start using some management ideas?

4 What was the contribution of the political economy to the development of management ?

5 When did the science of management appear?

6 What are the trends of modern management?

7. How many levels of management do you know ? Name them.