Question : Case Study: XYZ Corporation
XYZ Corporation is a manufacturing company known for producing high-quality electronic devices. It is divided into three levels of management: top management, middle-level management, and lower-level management. The company's main objective is to expand its market reach and maintain a strong reputation for innovation and customer satisfaction.
The management function of organizing in XYZ Corporation involves:
Option 1: Setting performance standards
Option 2: Allocating resources and assigning tasks
Option 3: Monitoring employee performance
Option 4: Motivating employees to achieve goals
Correct Answer: Allocating resources and assigning tasks
Solution : The correct answer is (b) Allocating resources and assigning tasks
Organizing is the management function that entails structuring the organization, determining roles and responsibilities, and allocating resources (including personnel) to achieve the company's goals. This function ensures that tasks are appropriately assigned, and resources are effectively utilized to carry out the plans established during the planning phase. Setting performance standards, monitoring employee performance, and motivating employees to achieve goals are elements of other management functions such as planning, controlling, and leading, respectively.
The management function of leading in XYZ Corporation involves:
Option 1: Assigning tasks and responsibilities to employees
Option 2: Monitoring and evaluating employee performance
Option 3: Guiding and motivating employees to achieve organizational goals
Option 4: Setting performance standards and measuring actual performance
Which management function involves setting performance standards and measuring actual performance against them?
Option 1: Planning
Option 2: Organizing
Option 3: Controlling
Option 4: Leading
Which level of management in XYZ Corporation is responsible for supervising employees and ensuring they perform their tasks efficiently?
Option 1: Top management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: -
Question : Case Study: XYZ Tech Solutions
XYZ Tech Solutions is a software development company known for its innovative products. The company is managed by three levels of management: top management, middle-level management, and lower-level management. XYZ Tech Solutions aims to be a market leader by providing cutting-edge technology solutions and excellent customer support.
The management function of organizing in XYZ Tech Solutions involves:
Option 4: Guiding and motivating employees
The lower-level management in XYZ Corporation is responsible for:
Option 1: Implementing the plans and strategies of top management
Option 2: Developing long-term organizational goals
Option 3: Monitoring and evaluating employee performance
Option 4: Formulating the company's vision and mission
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