Question

1. Challenge for high- level management. In a large corporation, high-level managers make key decisions about the type of product to produce, the location of the production plant, the size of the business (number of employees), the size and layout of the production plant, the marketing of the product, and financing. What do you think is the most challenging task for high- level management?

2. Management Functions. If you were a manager of a retail store, which management function would be most important to your success?

3. Management skills. If you were a manager of a retail store, which management skill would be necessary for your success?

Note: Please answer as best as you can. Thank you.

Answer 1

1.The challenging task for high level management is to organize all aspects of functioning of the organization. The high level management has to ensure that all units of business are working efficiently and a proper coordination is established for effective result.

2. The management function of controlling the operations of a retail store would have been more important to my success. Controlling the operations and day to day affairs and checking for quality of work, product etc. is very important role thus this function would have played important and significant role.

3. If i am a manager of a retail store, decision making management skill would have been necessary for my success as decision making ability is key to take decisions and direct the employee to work in particular way. Employees would be looking at me with expectation that I will give them the right suggestions and make them out of confusion so I have to be clear of what is needed for business to do so that other can follow me on a specific direction for business operation at retail store.