Explain in Detail the Four (4) Basic Functions of Management, George Young will be Performing: Principles of Business Management II Assignment, KU, Singapore

Assignment Questions:

Question 1

• Explain in detail the four (4) basic functions of management, George Young will be performing when getting things done.
• Explain the three (3) managerial skills (as advocated by Robert Katz) required when completing the functions of management. Provide relevant examples to support your answer.

Question 2

Using PESTLE analysis, explain how a business is influenced by the external environment. Provide relevant examples to support your answer.

Question 3

Decision making is about identifying a problem, generating alternatives, selecting a possible solution, and evaluating the effectiveness of the choice. Explain the following with relevant examples.

• Programmed decisions
• Procedure, Rule, and Policy
• Nonprogrammed decisions

Question 4

It is important for managers to understand how they can use motivation to direct people towards the achievement of organizational goals.

• With the help of a diagram, explain Abraham Maslow’s theory of motivation.
• Explain five (5) ways that managers could do to motivate employees at work.

Question 5

• The trait theories of leadership attempt to isolate characteristics that differentiate leaders from non-leaders. Explain six (6) characteristics of trait theories of leadership.
• Describe the two leadership behavior identified by the Ohio State University Study. Provide an example each.
• Explain four (4) characteristics of the democratic style of leadership. Give an example of what situation a particular style of leadership will be most effective.

Question 6

Getting the message across in the workplace is not always easy unless one understands the various aspects of the communication.

• Explain four (4) barriers to effective communication.

• Suggest four (4) strategies you would adopt to minimize the barriers to effective communication.

Question 7

• Explain the three (3) of the main types of control used as part of the control measure.
• Identify and explain four (4) sources of information you would adopt when measuring the actual performance as part of the control process.
• Describe the control measures that the management should put in place to deter or reduce employee theft or fraud at work.

Question 8

• Delegation is a common practice among many organizations today. Explain the concept of delegation and three (3) ways to ensure that it is properly executed.
• Identify and explain three (3) reasons for the delegation.