Globalisation and trade liberalization are having a lot of impact on way businesses are being handled today. The business environment has become extremely dynamic. In such circumstances, managers have to be more proactive in dealing with dissimilar impacts on organization so as to make sure their survival.
(a) What are the dissimilar components of external business environment?
(b) According to the omnipotent view, managers should be capable to deal with external environment. In this context, describe how managers can deal with many components of external environment.
(i) (a) Using exs where appropriate, describe the four (4) steps in control procedure.
(b) Mention the dissimilar kinds of the control.
Money is the major motivator for employees. How far do you agree with this proclamation? Discuss in relation to two (2) theories of motivation.
Illustrate the steps which managers should adopt in making decisions which maximize the attainment of the objectives of enterprise.
“The recruitment and selection procedure can be employed to affect the organisational culture.” Discuss.