Question

In: Economics

Q. WHAT IS EFFICIENCY? Q. WHAT IS EFFECTIVENESS? Q. WHAT IS ORGANIZATIONAL PERFORMANCE? Q. WHAT ARE...

Q. WHAT IS EFFICIENCY?
Q. WHAT IS EFFECTIVENESS?
Q. WHAT IS ORGANIZATIONAL PERFORMANCE?
Q. WHAT ARE THREE LEVELS OF MANAGERS? WHAT ARE THEIR RESPONSIBILITIES? WHAT IS THEIR REPORTING RELATIONSHIPS TO EACH OTHER?
Q. WHAT IS HIERARCHY IN AN ORGNAZITIONAL STRUCTURE?
Q. WHAT KIND OF RESPONSIBILTIES DO EACH OF THESE LEVELS HAVE?
Q. WHAT IS AN EXTERNAL ENVIRONMENT THAT AFFECTS A BUSINESS?
Q. WHAT IS AN INTERNAL ENVIRONMENT THAT IMPACTS ORGANIZATIONAL PERFORMANCE?
Q. HOW DOES IT AFFECT MANAGEMENT TO RUN THE BUSINESS?
Q. WHAT IS PROGRAMMED DECISION MAKING?
Q. WHAT IS NON-PROGRAMMED DECISION MAKING?
Q. HOW DOES IT IMPACT ORGANIZATIONAL GOALS AND OBJECTIVES?
Q13. WHAT IS STRATEGY?
Q. HOW DOES STRATEGY IMPACT ORGANIZATIONAL GOALS AND PLANNING PROCESS?
Q. WHAT ARE THE FIVE ORGANIZATIONAL RESOURCES MANAGERS HAVE TO MANAGE TO ACHIEVE ORGANIZATIONAL GOALS?
Q. WHAT IS MANAGEMENT?
Q. WHAT ARE THE FOUR FUNCTIONS OF MANAGEMENT?
Q. WHEN WOULD YOU USE A S.W.O.T. TO ACHIEVE ORGANIZATIONAL OBJECTIVES?
Q. WHAT IS A BUSINESS PLAN?
Q. WHAT IS A MARKETING PLAN?
Q. WHY IS PLANNING IMPORTANT FOR A BUSINESS?
Q. WHAT ARE THE FOUR FACTORS THAT IMPACT AN ORGANIZATIONS PLANNING PROCESS?
Q. HOW DOES INTERNAL AND EXTERNAL DECISIONS IMPACT HOW MANAGERS RUN THE BUSINESS?
Q. WHAT IS ORGANIZATIONAL STRUCTURE? WHAT IS “FORMAL” AND “INFORMAL” STRUCTURE? HOW DOES IT AFFECT THE ORGANIZATIONAL GOALS AND OBJECTIVES?
Q. WHAT IS ORGANIZATIONAL DESIGN?
Q. WHAT ARE THE 3 P’S OF BUSINESS?
Q. IF YOU HAD YOUR OWN COMPANY, WOULD YOU DESIGN IT FOR MAXIMUM IMPACT ON THE 3 P’S OF BUSINESS?
Q. WHAT IS YOUR GOAL?
Q. WHAT IS YOUR PURPOSE?
Q. WHAT IS THE POPULATION OF CANADA?
Q. WHAT IS THE POPULATION OF THE U.S.A?
Q. HOW MANY BABY BOOMERS ARE RETIRING IN CANADA?
Q. HOW MUCH WEALTH DO THE BABY BOOMERS HAVE IN NORTH AMERICA?
Q. WHAT KIND OF INDUSTRIES ARE THE BOOMERS MOST LIKELY TO INVEST IT?
Q. WHAT IS GLOBALIZATION?
Q. IF 400,000,000 (400 MILLION) PEOPLE JOIN THE GLOBAL WORKFORCE, WHAT IMPACT WILL IT HAVE ON YOUR CHOICE OF CAREER AND BUSINESS OVER THE NEXT 20 – 40 YEARS?
Q. WHAT IS A SOCIAL BUSINESS? FOR PROFIT BUSINESS? NON-PROFIT BUSINESS?
Q. WHAT IS “JOB SIMPLIFICATION”? “JOB ENLARGEMENT”? “JOB ENRICHMENT” IN ORDER FOR MANAGERS TO DO JOB “DESIGN”? WHAT IS “JOB DESIGN”?
Q. WHAT IS SOCIAL MEDIA?
Q. WHAT IS THE SOCIAL ECONOMY?
Q. HOW DOES SOCIAL MEDIA IMPACT THE WORLD OF BUSINESS? WHO IS THEIR TARGET MARKET?
Q. LIST FIVE DIFFERENT JOBS OR CAREERS YOU CAN GET USING YOUR RESUME OR LINKEDIN PROFILE?
Q. WHAT ARE S.M.A.R.T GOALS AND HOW CAN ORGANIZATIONS USE THEM TO ACHIEVE THEIR SALES TARGETS?
Q. WHAT ARE THE FIVE LEVELS OF LEADERSHIP? WHERE ARE YOU ON THESE FIVE LEVELS?
Q. “MANAGERS DO THINGS RIGHT….LEADERS DO THE RIGHT THING”, AGREE? DISAGREE?

Solutions

Expert Solution

ANSWER1:-

The term efficiency is defined as using the minimum resources in order to release the maximum output in the best possible manner. It is used to find the productivity. In other words, doing something with the least efforts to achieve the desired goal.

ANSWER2:-

Effect​​​​​​iveness is the ability or proficiency in doing things in order to achieve the determined objective. It underlines the capabilities of an individual.

ANSWER3:-

It is the concept which specifies the comparison of the output or result of an organization measured against its intended output.

ANSWER 4:-

The three levels of managers found in an organization are as under:

  • Top-level managers
  • Middle-level managers
  • Lower-level managers

Responsibilities are:

1. Top level-It is responsible for and controlling and managing the organization. It formulates the policy.

2. Middle level-It comes under the top-level management which is responsible for the junior staff performance and productivity. It is also known as intermediate level. It interprets the policies of the company.

3. Lower level-It executes the policy assigned to them by the top and middle-level managers.

ANSWER5:

It is a vertical chain of command where the superior gives instruction to subordinates in order to fulfillment of the desired purpose. here, a higher level controls the lower level of hierarchy.


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