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taxation 1-MGMT = E2
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Test Bank for Byrd and Chen's Canadian Tax Principles Volume 2 By Gary Donell Clarence | Complete All Chapters 2024/2025 | Newest Version
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Canadian tax principles 2023/2024 edition volume i and volume ii 1st edition byrd solutions manual
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taxation 1 01_byrdchen_ctp21_pp_ch01
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Chap11. Describe what management is.
2. Explain the four functions of management.
3. Describe different kinds of managers.
4. Explain the major roles and subroles that managers perform in their jobs.
5. Explain what companies look for in managers.
6. Discuss the top mistakes that managers make in their jobs.
7. Describe the transition that employees go through when they are
promoted to managemen
, MGMT = E2
The Four Functions of Management
Functions of management: planning, organizing, leading, controlling.
Planning: determining organizational goals and means for achieving them
Organizing: deciding where decisions will be made, who will do what jobs and tasks, and who will work
for whom in company
Leading: inspiring/motivating workers to work hard and achieve organizational goals
Controlling: monitoring progress toward goal achievement, taking corrective action when progress not
made
The textbook is organized based on the four management functions as shown on the slide.
Mintzberg’s Managerial Roles
Technological changes: benefit a business AND can also make business obsolete.
With this example of wired technology moving to wireless global environment, begin a
discussion with the following question: “How has wireless technology changed the
general environment?”
Managerial Roles
Informational Roles
Informational Roles: obtaining, processing, and sharing information
• Monitor role: managers scan environment for information; actively contact
others for information
• Disseminator role: managers share information they collected with
subordinates in their departments or companies
• Spokesperson role: managers share information with people outside their
departments and companies
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