It is composed of a partner whose liability is limited to the amount of capital contributed.
Limited partnership
He/She coordinates and oversees the work of other people in order to attain organizational goals.
Manager
It is used to ensure that all activities go as planned or else, do necessary corrective actions.
Controlling
Manage to offer services in either private or public sector such as social welfare agencies.
Non-Profit Organization
Listed below are the advantages of having a partner in building a business, except;
Intrapersonal conflicts
They affect the availability, distribution, and production of a society’s resources among competing users.
Economics
Their tasks are to forward information to other organization members such as sending memoranda and reports.
Disseminator
They used to transmit information to outsiders through speeches, reports, and/or memoranda.
Spokesperson
He/She is responsible for a single organizational activity.
Functional Manager
Responsible for different organizational activities.
General Manager
It is where the concept and distribution of ideas, goods, and/or services are being planned and executed to make exchanges that satisfy individual and organizational objectives.
Marketing
It refers to the relation of the accomplished tasks that help attain the set organizational goals.
Effectiveness
It is where activities are properly checked on whether or not the organization is in line with the set goals otherwise make necessary corrections out from deviations.
Controlling
An attribute of culture used to guide and influence relationships among people.
Societal Forces
Line Managers must have more of this skill.
Technical Skill
He/She is to inspire, train, counsel and even communicate with the subordinates.
Leader
Manage the work of those who are involved in producing the organizations' product or servicing the customer.
First-line Managers
What is the best reason why we need to study management?
Because it is needed in all types, sizes, level and areas of organization.
A business venture usually operated by a single person in which assets, earnings, and debts are assumed by the owner.
Sole Proprietorship
The Top Managers must have more of this skill.
Conceptual Skill
Its job is to perform ceremonial and symbolic duties such as receiving visitors and likes.
Figurehead
It refers to the process of planning, organizing, leading, & controlling that encompasses human, material, financial & information resources in an organizational environment to achieve stated organizational goals.
Management
An association of two or more persons who operate business as co-owners by voluntary legal agreement.
Partnership
Involves people and other duties that are ceremonial and symbolic in nature.
Interpersonal Role
Its function is to select the most effective communication channel to deal with the employee’s behavioral issues.
Leading
Below are the main functions of managers, except;
Command everything towards his/her subordinates
It is a legal entity whose assets and liability are separate from those of its owners.
Corporation
This describes the activities used to maintain and develop an information network.
Informational
The capability to create a good impression and instill confidence in it.
Personal Impact
The ability to understand the relationships among various sub-unite and visualize how the organization fits into its external environment.
Conceptual Skill
They maintain data that links both inside and outside organizations by using internet access, mail, phone and etc.
Liaison
It is concerned with ways of getting things done. As a result, provide the most output from the given least amount of inputs.
Efficiency
It is a process or technique to instruct, motivate, guide, and oversee the performance of employees in order to attain the set organization goals.
Leading
The primary function is to aid members such as cooperatives, labor unions and trade associations.
Mutual-Benefit Organization
Involves in disseminating, collecting, and receiving important data.
Informational Role
It is the aptitude to perform in vague situations.
Tolerance to Uncertainty
It is where the goals are being defined for the sole purpose of future organizational operation as well as to decide on the tasks needed to attain the set goals.
Planning
Manage the works of the supervisors.
Middle Managers
The ability to associate well with other individuals whether individually or in the group. Also known to be the most important skills for all managerial levels.
Human Skill
He pioneered in the field of industrial psychology.
Hugo Munsterberg
Designing and amplifying new product that would be useful to the current situation is an example of;
Research and Development
Which of the following does not belong to the group?
Plan
Below are advantages of being a sole proprietor, except;
Retention of all profits to the owner, except those for the government is in the form of cash.
They are responsible for making organization-wide decisions and establishing plans and goals that affect the entire organization.
Top Managers
In this era, prior to industrialization around the globe, cultivation is the sole economic activity.
Pre-Industrialization
Involves in planning and staffing performance management, compensation and benefits, and other employee relation activities.
Human Resource
Involved in making money or profit by offering products or services towards its clients.
For-Profit Organization
Primarily arrange planned tasks and other resources to attain organizational set goals.
Organizing
The following are advantages in a legal entity corporation, except;
Unlimited financial risks
He predicted the specialization of mental work and suggested profit sharing. None of the Above
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