Paa Kwesi runs to you for advice. How are you going to help him with his presentation in class knowing that being effective in future job position, planning is something managers obviously want?
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- Based on the picture below, explain each briefly like you are teaching this to your students. Also, give an example if possible. Strengths Limitations Role of Management Accountanthow to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…You recently completely overhauled several aspects of employee benefits, including health insurance and compensation packages. You have also developed clear succession plans and career development plans to assist in the retention of your current employees. You are pretty excited about the changes and feel they are better for the employees, while costing your organization less money. These plans came from your development of a strategic plan and goals set last year. You think these plans will result in lower turnover. However, in four recent exit interviews, the former employees mentioned the lack of communication from your department on the changes you made. They said they did not feel well informed and are disappointed they were not notified. In addition, they complained of micromanagement on the part of two particular managers. They said they spend half of their day responding to their managers with project updates, instead of working on the projects themselves. As you begin to think…
- Your organization has been given a budget to hire several new software developers. Your goal: Hire two (2) new software developers. Your co-worker comments that your goal is not specific, but what else is missing from this goal? Group of answer choices M A R TBased on the picture below, explain each briefly like you are teaching this to your students. strengths limitations role of management accountantIn the world of professional industries, when conducting operational activities, top management have to be careful and well-conceived consideration is required so that it can be delivered in accordance with applicable rules and codes of ethics, as well as the manner in which the activities carried out are in line with the vision and goals of the company. To achieve the company's objectives faster and continually improve company performance, top management must be able to develop a routcome-based management strategy by obtaining detailed information and insights to support the decision-making process. For the purpose of drafting a conceptual framework in the form of organizational strategy, the leader hopes to help minimize risks that are detrimental to the company's activities, which in this case certainly requires the assistance of various parties, especially internal auditors that will help stakeholders by ensuring how the internal monitoring and control processes have been working…
- How to respond to this in 100 words? A SWOT matrix is a strategic planning tool that is used to evaluate the strengths, weaknesses, opportunities, and threats of an organization or a project (Parnell, 2017). It is a visual representation that consists of four quadrants, with each quadrant focusing on one aspect of the SWOT analysis. Strengths generally refer to the internal capabilities and resources that an organization possesses (Parnell, 2017)). These can include factors such as a strong brand image, a skilled workforce, advanced technology, or efficient processes (Puyt et al., 2020). Weaknesses, however, highlight the internal limitations and areas of improvement (Parnell, 2017). These can be areas where the organization lacks expertise, has limited financial resources, or is facing challenges such as high employee turnover (Puyt et al., 2020). Opportunities and threats are external factors that the organization has little or no control over, as they are external controls (Parnell,…https://youtu.be/C0UOvhnIqxE which outlines management decisions based on an organization's focus on either profitability or liquidity? Why are these important goals seemingly at odds? Under what circumstances might one be more important than the other?Write your position regarding the importance of human capital management to achieve organizational goals and a competitive advantage. Recruitment and selectionOne of the most important jobs as a cafe manager is to recruit and select the best employees. 1. Write an advertisement to attract potential candidates for the waiter position. Keep the ad between 100 to 200 words long. Make sure it is suitable for print and online job listings.2. Find and list at least three places where you can post your local job ad.
- Which among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.Isiness Temp-lo-Hire Companies are continually challenged to maintain an effective work force while controlling cost. Payroll expenses typically account for 30 to 50 percent of company expenses with some companies spending much more. Human resources managers are challenged to find ways to hire qualified, productive personnel while keeping costs down. In difficult economic times, the challenge is even greater. Companies must be cautious about hiring new employees when sales and profits are declining. On the other hand, the company must function in the present and be prepared when the economy improves. Today, human resources managers often use hiring practices to help create a flexible work force. Hiring temporary employees is a way to meet urgent, short-term needs. Temps are hired for a limited time, a specific project, or when a company does not want to risk committing to a new permanent employee. Another approach, known as temp-to-hire, adds the possibility of full-time employment for…Career development is a lifelong enterprise that we should focus on during all months of the year. Employers and employees can work together to establish a plan that identifies goals and skills that not only support business objectives but also meet the individual needs of employees to help them have a fulfilling career. Give some suitable suggestions through which you create successful management career.