Handling Disturbances, Allocating Resources, And Engaging In Negotiations Are Activities That Fall Under Which Category Of Management Roles?

Handling Disturbances, Allocating Resources, And Engaging In Negotiations Are Activities That Fall Under Which Category Of Management Roles? A. Promotional B. Interpersonal C. Decisional D. Informational
The correct option of this multiple choice question (mcq) is (C), as in Decisional, the manager has to make decisions in handling disturbances such as in case of crisis, business faces heavy losses or there is depression period, allocating resources such as the correct use of technology for the right place and making negotiations or agreements with both internally (with owners, directors, etc.,) and externally (such as with other organization).

In case of depression period of economy, the manager must make the decisions about what steps to be taken to survive in this period. During this period, he should take bold decisions to escape the organization in this difficult situation. He should take actions to face the crisis in order to achieve organizational objectives & goals. For example, if sales is down during the depression period, then he should corrective actions i.e., improve the quality of products & services, offer free delivery of products at customer’s door, hire professional staff, etc.

For resources allocation, which include physical, human, intellectual and financial, the manager must decide which is the best utilization of these resources? For example, where to use the financial resources is the decision of financial manager. If the investment in a product is beneficial to the society and profitable for the business and ultimately the organizational goals are achieved, then financial resources must be used efficiently and effectively in that way.

For making negotiation with internal and external parties, the manager should make the right decisions in dealings with parties who are agreed to solve the particular issue occurred between them. The solution to this problem helps the organization to achieve common goals. For example, if there is a conflict between the organization and the outside organization which is a IT company, then negotiation between them can lead them to an agreement and the issue can be resolved between them which increases cooperation between them and as a result they made such negotiation between them that to expand the growth of the organization, the manager make an agreement with IT company for 5 years for improving the technology system in the organization in exchange of financial resources.

The options A, B and D are incorrect choices here in this mcq.

Comments

Popular posts from this blog

A(N) ______ Skill Is The Ability To Perform A Specialized Task That Involves A Certain Method Or Process.

What Are The Potential Advantages And Disadvantages Of Using A Group To Make Decisions?

Verbal Intonation Refers To How Loud The Speaker Speaks | T&F