MGT503 GDB solution

Out of Mintzberg’s three types of managerial roles, which do you think has become more important for new-style managers? Justify with solid reasons.

 

In my opinion "Informational roles" is very important for a manager..

 

According to Mintzberg (1975), different aspects of a manager's job cause managers at all levels to be involved in a series of interpersonal, informational, and decisional roles. In Mintzberg's view, receiving and communicating information is perhaps the most important aspect of a manager's job.

MGT503 GDB solution

Out of Mintzberg’s three types of managerial roles, which do you think has become more important for new-style managers? Justify with solid reasons.

 

In my opinion "Informational roles" is very important for a manager..

 

According to Mintzberg (1975), different aspects of a manager's job cause managers at all levels to be involved in a series of interpersonal, informational, and decisional roles. In Mintzberg's view, receiving and communicating information is perhaps the most important aspect of a manager's job.

MGT211 GDB solution

Discuss briefly scope of business organizations? Also give reasons why some organizations called as legal entities?

 

SCOPE OF BUSINESS ORGANIZATION

 

Sole Proprietorship

Partnership

Joint Stock Company

Cooperative Societies

Combination

 

Sole Proprietorship

Sole proprietorship is the oldest form of business organization which is owned and controlled by one person.

 

Partnership

“Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all.”

 

Joint Stock Company

“A company is an incorporated association of persons formed usually for the pursuit of some commercial purposes”

 

Cooperative Societies

“Cooperation is an action of persons voluntarily united for utilizing reciprocally their own forces, resources or both under mutual management for their common profit or loss.”

 

Combination

“Combination is the association, temporary or permanent, of two or more firms.”

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