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Answers For Study Questions
Answers For Study Questions
1. Define Management.
Management is defined as “working with and through people to accomplish a
common mission.” It means that you are leading or managing different people to
achieve your common goal.
3. What are the skills necessary for a manager and how important are they in a manager’s
development?
Skills of a manager is vital for their development in order for him/her to do his work
satisfactorily and effectively. Here are the following essential skills in managing:
Organizational skills – a manager’s ability to see the organization as a whole.
Conceptual skills – the greatest importance to top management.
People skills – is an interpersonal skill that is beneficial to understand basic
human needs and work motivation. This skill is important to middle managers.
Financial Management skills – the effective use of accounting in terms of
monetary assets of the institution.
Decision Making – is the ability to identify a problem or opportunity and
implement a solution.
Technical skills – it is the manager’s ability to understand and use the
effective techniques, knowledge, and tools in a department.
Planning
Controlling Organizing
Management
Functions
Directing Staffing