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April 1, 2021
Quiz 19884341
April 1, 2021

2 pages plus references

The new chief executive
officer (CEO) of your company is a strong believer in the four functions of
management theory. In preparation for a management meeting, he has asked you to
write a report that he can use to explain the theory to his management team. In
the report, he would like to see some specific examples of firms that practiced
these four functions. For a company with which you are familiar, use each of
the four functions to do the following:

  • Assess
    how the overall management team performed in terms of the four functions
    of management, which are as follows:

    • Planning
    • Organizing
    • Leading
    • Controlling
  • Identify
    and explain the strong points of the managers.
  • Identify
    and explain areas in which improvement is needed.

If you do not have any
firsthand experiences, ask friends or colleagues for anecdotes or search the
Web for specific, real-life examples.

Specifically regarding
the controlling function of management, answer the following questions:

  • How
    did most employees feel about the monitoring of activities that managers
    put in place to monitor employee performance and overall company
    performance?
  • How
    well was the need for control and monitoring explained to everyone before
    the controls were put in place?
  • Did
    the controls have a meaningful impact on the overall department or company
    performance? Cite some specific examples.

 

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