11 Dec Role of management in organizations: Effectiveness
Role of management in organizations: Effectiveness, efficient, ethics, specialization1. Discuss the three reasons to reach objectives to maintain balance with conflicting goals, to achieve efficiency and effectiveness and why management is needed. Be specific and thorough.2. Briefly describe one specific, real-world example for each of the following:a. organizational effectivenessb. organizational ineffectivenessc. organizational efficiencyd. organizational inefficiency3. Define managerial ethics. List three common ethical problem areas for managers and provide a specific real-world example of each problem area.4. Why is the practice of specialization so important to organizations? What are the downsides to specialization?