AMS 101 Assignment And Answers (10 Questions )

Assignment Solved by Studentsdash

1a. In your own way define management.
    1b. outline and discuss the functions of management.
  2a. Define principles of management.
  2b. Is management an art or science?
  3a. Explain what you understand by management development.
  3b. Discuss the challenges of management development in Nigeria.
  4a. Define decision making.
  4b. Briefly explain the problems of decision making.
5a. Differentiate between management and leadership.
5b. state the features of leadership.
  6a. Which one is the most important functions of management.
    6b. Discuss its important to organization management.
   7a. Explain what you understand by manager’s environment.
   7b. Discuss the micro – environmental factors
    8a. Explain the following;
    i. Department.
    ii. Lifestyle.
    iii. Staffing.
9a. Define controlling.
9b. Discuss the roles of control in an organization.
10a. Explain what you understand by performance appraisal.
10b. Discuss the mirror scales in performance appraisal.

Answers

1a. Definition of Management

Management is the process of planning, organizing, directing, and controlling resources (such as people, money, and materials) to achieve a specific goal in the best way possible. It helps an organization to work smoothly and be successful.

1b. Functions of Management

The main functions of management are:

1. Planning – This is when the manager sets goals and decides how to achieve them.

2. Organizing – This involves arranging resources (such as workers and materials) to make work easier and more effective.

3. Directing (Leading) – This is about guiding and motivating workers to do their jobs well.

4. Controlling – This means checking if the work is going as planned and making corrections where necessary.

2a. Definition of Principles of Management

Principles of management are the basic rules and guidelines that managers follow to run an organization properly. These principles help managers to make good decisions and manage people effectively.

2b. Is Management an Art or Science?

Management is both an art and a science.

• It is a science because it follows principles and rules that can be studied and applied.

• It is an art because it requires skills, creativity, and experience to handle people and situations.

3a. Meaning of Management Development

Management development refers to all the efforts made to improve the skills, knowledge, and abilities of managers so they can perform better in their jobs. This can be done through training, workshops, and experience.

3b. Challenges of Management Development in Nigeria

Some of the problems faced in developing good managers in Nigeria include:

1. Poor training programs – Many organizations do not invest in proper training for their managers.

2. Lack of funds – Some companies do not have enough money to sponsor management training.

3. Resistance to change – Some managers do not want to learn new ways of managing because they are used to the old ways.

4. Economic instability – The unstable economy in Nigeria makes it difficult for companies to focus on management development.

4a. Definition of Decision Making

Decision making is the process of choosing the best option from different alternatives to solve a problem or achieve a goal. Managers make decisions every day to ensure the success of an organization.

4b. Problems of Decision Making

Some challenges of decision making include:

1. Lack of information – When there is not enough data, it is hard to make good decisions.

2. Time pressure – Some decisions have to be made quickly, which can lead to mistakes.

3. Resistance from employees – Some workers may not agree with the decisions made.

4. Uncertainty – The future is unpredictable, so some decisions may not work as expected.

5a. Difference Between Management and Leadership

Management	Leadership
Focuses on planning, organizing, and controlling.	Focuses on inspiring and guiding people.
Managers follow rules and procedures.	Leaders create new ideas and motivate others.
Works with systems and structures.	Works with people and emotions.

5b. Features of Leadership

1. Vision – A leader has a clear idea of what they want to achieve.

2. Influence – A leader can motivate and inspire people.

3. Good communication – A leader must be able to express ideas clearly.

4. Decision-making ability – A leader must be able to make smart choices.

5. Responsibility – A leader takes responsibility for success and failure.

6a. Most Important Function of Management

Among all the functions, planning is the most important because it sets the foundation for everything else.

6b. Importance of Planning in Organization Management

1. Gives direction – Planning helps the organization know what to do next.

2. Reduces mistakes – With a clear plan, there is less room for errors.

3. Helps in resource management – It ensures that money, time, and workers are used properly.

4. Prepares for risks – Planning helps managers prepare for possible problems in the future.

7a. Meaning of Manager’s Environment

A manager’s environment refers to all the external and internal factors that affect how a manager does their job. This includes employees, customers, competitors, government policies, and economic conditions.

7b. Micro-Environmental Factors

These are the small factors that directly affect the organization. They include:

1. Customers – The people who buy the company’s products or services.

2. Competitors – Other businesses that offer similar products.

3. Suppliers – The people or companies that provide materials needed for production.

4. Employees – The workers who help run the company.

5. Company policies – The rules and regulations guiding the business.

8a. Explanation of Terms

1. Department – A section of an organization that handles a specific function, like the finance department or marketing department.

2. Lifestyle – The way a person or group of people live, including their habits, interests, and values.

3. Staffing – The process of hiring, training, and managing employees in an organization.

9a. Definition of Controlling

Controlling is the management function that involves monitoring and evaluating activities to ensure that the company’s goals are being achieved. If there are any problems, managers make corrections.

9b. Roles of Control in an Organization

1. Ensures goals are achieved – It helps the organization stay on track.

2. Detects and corrects errors – Managers can identify mistakes early and fix them.

3. Improves efficiency – It ensures that time and resources are used wisely.

4. Motivates employees – Workers perform better when they know their work is being monitored.

10a. Meaning of Performance Appraisal

Performance appraisal is the process of evaluating an employee’s work to determine how well they are performing. It helps managers know if workers need promotion, training, or improvement.

10b. Mirror Scales in Performance Appraisal

Mirror scales are used in performance appraisal to compare an employee’s performance with expected standards. It helps in measuring strengths and weaknesses, so the organization can improve workers’ productivity.

This is the complete assignment, written in simple and clear English.