Submitted by: Submitted by jolin160401
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Category: Business and Industry
Date Submitted: 07/17/2014 06:50 AM
Management Exam Focus Topics
1. Effectiveness Vs Efficiency
Effectiveness – Doing the right things to achieve organizational goals
Efficiency – Doing things right by getting the most output with the least input.
Example: One manpower from admin department was deployed to do overtime in order to help the architects prepared the tender submission.
If the architect could plan in advance the schedule for the submission, there will be no need to deploy one manpower from the admin department.
This is effectiveness but no efficiency because the architect could submit the tender on time but waste a manpower to get it done. If everyone was able to do their assign work, it would be more efficiency.
2. Dimensions of Organizational Culture
Detail to attention
Jolin – Know all your work and make sure every detail are correct.
Outcome Orientation
Mr Ong – Focus only on the result but not the process
People Orientation
Mr Ling – Always consider about the employees in whatever decision making.
Team Orientation
Axis – Teamwork and not individual
Aggressiveness
Peter – Aggressive and not cooperation
Stability
Sam – Always do the same thing only
Innovation and Risk Taking
Desmond – Creative
3. Six Step of Strategic Process
Step 1 – Identify the Organizational Goals and Missions
Step 2 – Doing External Analysis
Opportunities (Eg. Economic, Technology)
Threats (Eg. Political, Sociocultural)
Step3 – Doing Internal Analysis
Strength (Eg. Doing Well With Resources)
Weakness (Eg. Not Doing Well With Resources)
Step 4 – Formulating Strategies (Plan Strategies To Achieve Organizational Goals)
Corporate Strategies
o Growth Strategies
a) Vertical Integration
i. Backward Controls the Productions / Be A Supplier
ii. Forward Controls the Distributions / Be a Distributor
b) Horizontal Integration
i. Company Merges
ii. Work...