Page 287 - Business Principles and Management
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Unit 4



                                                and are involved primarily in ensuring that the day-to-day work of the busi-
                                                ness is completed. Therefore, they devote most of their management time to
                                                implementing. Executives work with other managers and are responsible for
                                                the long-term direction of the business. They spend most of their time on plan-
                                                ning and organizing.



                                                             CHECKPOINT
                                                             How is a supervisor’s work different from the work of
                                                             mid-managers and executives?





                                                   11.1      Assessment


                                                  UNDERSTAND MANAGEMENT CONCEPTS
                                                  Circle the best answer for each of the following questions.
                                                  1. Which of the following is not one of the four functions of
                                                     management?
                                                     a. planning
                                                     b. budgeting
                                                     c.  implementing
                                                     d. controlling
                                                  2. The level of management that devotes the greatest amount
                                                     of time to planning is
                                                     a. supervisors
                                                     b. mid-managers
                                                     c.  executives
                                                     d. All levels spend equal amounts of time on planning.

                                                  THINK CRITICALLY
                                                  Answer the following questions as completely as possible.
                                                  3. What can employees do both on and off the job to prepare
                                                     themselves to be effective managers?
                                                  4. Why are businesses reducing the number and
                                                     levels of managers?


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