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How does ha strategic mind-set cause program, markets, technology change in a daily fast-moving world.
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- What does PESTEL stand for? How do managers use PESTEL to understand their firms macro environment?how tcan you create a more ethical, socially responsible, and/or sustainable business?ayout Mag c Aab AaB Act Fot Answer All Questions 1. Define and edeplain the term management? Discuss the roles of a manager according to Mintzberg and explain the skills needed by a manager in executing his or her role. 2. Management has evolved through four stages, state these stages and explain the contribution of Mary Parker Follet, Chester Barnard and Max weber to the management of institution. 3. What is a decision and What are the various steps to be followed in the decision-making process, are there challenges to decision making and how can these be addressed? 4. A business environment is needed for development of business, explain? micro and macro environment and their factors and how they affect organizations
- What is an industry, and how do Porters Five Forces help a manager trying to understand a firms industry environment?Identify three methods for managinglogistics.GIVE ATLEAST 5 DISCIPLINES THAT CAN BE TACKLED IN SCRUTINIZING BUSINESS AND ITS CORE PURPOSE TO ASSESS EFFECTIVE FUNCTION OF IT IN TERMS OF MANAGING PEOPLE, MONEY AND SUCCESS.
- Evaluation of internaland external factorsimpacting anorganisation andformulating strategiesfor sustainablecompetitiveadvantageMangement How does the process of strategic planning differ from operational planning, and why is it important for organizations to engage in both?Why is the understanding of business environment important for managers? Explain with the help of any four points.