GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Guide the activities of the business
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Keep the business moving toward set goals
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Identify exceptional employees
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Set goals for the business
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Detailed explanation-1: -Answer: Management briefly refers to the process of dealing with or controlling people or things. Planning, staffing, controlling are covered under this definition. Hence, co-operating is not a function as such, of management.
Detailed explanation-2: -Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling.
Detailed explanation-3: -Managers focus on determining ‘what’ it is their unit does (i.e., purpose, function and roles) and in doing so in a manner that furthers the organization’s larger goals. Supervisors are focused on day-to-day operations of ‘how’ to implement management’s decisions in their unit through the work of subordinates.
Detailed explanation-4: -The five key supervisory roles include Educator, Sponsor, Coach, Counselor, and Director. Each is described below. Note that in your role as a supervisor, you will be using these five roles, in some combination, simultaneously, depending on the needs of the team members.