Assigment 3

Assignment Three Business Principles

Chapters 6, 7 & Business Plan

Assignment Three

Chapter 6

1. According to the chapter, where do managers come from? If you ever aspire to be a manager, why is this important to know?

Good managers are not born they are made. An organization acquires managers in three ways promoting employees from within, hiring managers from other organizations, and hiring managers straight out of universities. It is vital for companies even companies committed to promotion from within to hire outside people from time to time to bring fresh ideas to the table. Finding employees who are trainable and a good fit with the corporate culture means that organization have a workforce staffed with potential future managers. Businesses that are recovering from the most recent economic recession should be willing to embrace new ideas and new employees willing to undergo change. I do not aspire to be a manager one day but if I did it would be important to know that good manages are not born but they are made. This tells me that through experience I can become the manager that I had always dreamed of being. I believe that we as humans are the sum of our experiences in life. And its good to know that anyone can learn to be a good manager.

2. Complete build your skills: functions of management found on page 204

Codes | Management Functions |

P | Planning |

O | Organizing |

S | Staffing |

D | Directing |

C | Controling |

No1.----------- Answer:P,O,D,C

No2.--------------Answer:C,D

No3.------------Answer:P,O,D

No4.-----------Answer:P,O,S,C

No5.-------------Answer:S,P

3. Read the following article: http://hbr.org/2005/03/what-great-managers-do/ar/1. Now state in one to two paragraphs, what you learned from it that would be valuable if you were a manager.

There were many valuable things that I learned from this article, the first big thing that I learned was sets apart great managers from average managers.  The difference between the...