Depending on some environments, First- line mangers may have to engage on the tasks of non-managerial staffs as well. One example will be the managers of McDonald’s; they sometimes serve the customers, prepare the Todd or even clean the floor. Their titles are mostly known as supervisors. Team leaders. Shift managers, Department Manager, Crew Manager, Store Manager Etc. Middle Managers Middle Managers like the word middle are In-between Top Level Managers and First- line Managers. The Middle Managers basically manages a group of First-line managers and in some cases, a few non-managerial stuffs according to the working environment they are on.
Middle Managers are responsible for carrying out the organization’s goal set by the Top Managers. They achieve this by planning out goals for the various team departments. They can also motivate First-line managers and also assist them as well to meet the goals set. Middle Manager is a two way management. Since they are aware of the day to day duties/works of the organization, they can also suggest to the Top Managers and offer feedbacks to Top Managers on how to further improve the organizations work process to gain more profits or success.
Middle Managers have many titles; here are some
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Top Managers titles are CEO, Vice president, President, Managing Director, Chief Operating Officer, Chief Information Officer Etc. Question 2 Differences between Efficiency and Effectiveness Efficiency is doing the task correctly or “Doing things right” while Effectiveness is doing the tasks that helps to reach the organization goals or “Doing the right things”. Efficiency focuses on the process (doing things with less effort but gain great results) while Effectiveness focuses on the end results (getting the things done).
Efficiency is short term goals orientated while Effectiveness is long term goals orientated. Efficiency organization can produce the same amount of units as an Effectiveness organization but they do it at a fraction of the cost while Effectiveness spends more to produce the same amount of units. Thus Efficiency makes more profit. Organizations can’t run their company with only Efficiency or Effectiveness alone, at one point of time they will lose business or even close down. Organizations are to have both Efficiency and Effectiveness to survive in the market.
Question 3 Stake Holders are any group or individual who can affect or is affected by the achievements of an organization’s goal. Stake holders of Gap Company in rank order (according to personal study) 1) Employees: Gap takes their employees seriously as they ensure their well fair is has learned and improved on its employees well fair. This will bring good product laity and good production. 2) Shareholders: Gap chooses its shareholders carefully and has built a good relationship with them. Gap practices transparency with their shareholders and have gained their trust.
Shareholders with this trust, allow Gap to handle their issues while they report to them. Their shareholders have some influence across the world which helped them to establish globally. 3) Customers: Building their customer base over the years got them a pull of steady customers all over the world whom creates demands for their products (clothing from babies to children, teenage, pregnant women, woman and man). This demand also builds their business and revenue. 4) Suppliers: With a demand for their products, Gap needs a pull of suppliers for the production.
Gap has maintained good relationships with their suppliers which help them get their supplies. Without these supplies, they will lose their business to other competitors easily. 5) Media: Over the years Gap had some bad publicity due to employment matters. This was a strain to their business but when they have improved their ways, the media help to publish their improvements which help to gain their name again. Good advisements also play apart for their business which reaches out to their customers f their goods and latest products.
Good news from media also helps to sustain Gap’s customers and as well gain new ones. Question 4 How organization goes global Minimal Global investment Significant Global Investment centers in Philippines for Singapore customers as running costs are cheaper over there compared to Singapore itself. 2) Exporting & Importing: Mediumistic Crop as this expands their market for their goods in the international market. This also broadens the scope for more clients and the profit coming from them. 3) Licensing: Apple has produced products like ‘pod and ‘phone.
There was an immediate need for accessories for these products and Apple has gave license to other companies to produce them, Thus the Docking bay, external speakers, better ear phones, good casings was born. Apple was able to offer their customers an elegant solutions which was made by other companies. Apple will gain sales growth from this method. 4) Franchising: Carol’s Junior, where the license was bought by a local here in Singapore. The Brand is already established well in US and also known over the world for its food. This was a good easy setup for the local businessman.
His sales were an instant profit. While for Carol’s Junior, the local businessman will have to pay a monthly license fee and may have to also pay part of the profits of the local setup. This depends on the contract agreement from Carol’s Junior. This is a two way win business. 5) Join Venture: Sony Ericson, together they produced great mobile phones at one time. This had opened a new market for one venture Sony and also Helped Ericson to build up its business back. This will open up new markets and distribution networks, sharing of risks and costs with partner. Subsidiary to avoid taxes to be paid in the US.