Scribd
Upload
41 views3 pages

Assignment Pocm

This document provides 4 questions for an assignment on Principles of Corporate Management. Question 1 asks to list and explain the four basic functions of management and three levels of managers in an organization. Question 2 asks about decision making, including defining it and listing three types as well as the steps in the decision making process. Question 3 asks to explain the steps in the control process and define delegation, giving examples of 5 barriers to delegation. Question 4 asks to define leadership, explain the difference between leaders and managers, and list 5 competencies required of a leader.

Uploaded by

faizun sekin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
41 views3 pages

Assignment Pocm

This document provides 4 questions for an assignment on Principles of Corporate Management. Question 1 asks to list and explain the four basic functions of management and three levels of managers in an organization. Question 2 asks about decision making, including defining it and listing three types as well as the steps in the decision making process. Question 3 asks to explain the steps in the control process and define delegation, giving examples of 5 barriers to delegation. Question 4 asks to define leadership, explain the difference between leaders and managers, and list 5 competencies required of a leader.

Uploaded by

faizun sekin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Professional Diploma

Principles of Corporate Management


Assignment 40%

Answer any 2 of the 4 questions below.

1. a) List and explain the four Basic Functions of Management (10 marks)

Management can be defined as a set of activities directed at an organization resources with the
aim of achieving the organization goals through implementing four basic functions of
management. Also, the function of management is to create work efficiently and productively in
the organization.

There are four basic functions of management in organization;

1) Planning
Planning is by setting the organization goals and preparing the sequence of action steps to
ensure the primary goals can be achieved. Planning also provides a considered and logical
framework within which a business can develop and pursue business strategies over the next
three to five years. The manager have to set the goals can be for individual employees or
entire organization and also well as develop action item along with the strategy and resources
to meet the goals. Below shown the importance of planning.

Source form POCM slide

b) List and explain the 3 levels of managers in an organization (10 marks)


Manager is the one who responsibility to carry out the management process, to plans and makes
the decisions, to organizes, leads and control the resources such as human, financial, physical
resources is a manager.

2. a) What is decision making? Explain 3 types of decision making. (10 marks)


Decision making is an act of choosing one alternative from among a set of alternatives. It involves
planning a course of action and setting controls to check if the plan is proceeding towards the
objectives.

There are three types of decision making.


1. Organization vs. Personal Decisions Organizational Decisions are made by managers
whereby the interests of the organization must be of the highest priority.whereas Personal
Decision are those personal choices or preferences which do not affect the organization.
2. Programmed vs. Unprogrammed Decisions Programmed Decisions are low risk, often made
and can be standardized into procedures. These decisions are easy to make and do not take a
long time to be decided. Unprogrammed Decisions are non-routine and carry high risks.
These types of decisions must be thoroughly studied and analyzed in terms of the cost vs.
benefits before a decision is reached. The level of difficulty is a key reason why it takes longer
to make the decision.
3. Strategic vs. Tactical Decision.Strategic decisions affect the long-term survival, development,
growth, competitiveness and endurance of the organization. They are top-level decisions and
carry great risks on the organization. Tactical decisions are operational decisions and can be
made by low-level executives. Even though these decisions still carry certain risks, they do
not give great impact to the organization.

Decision-Making Process
Recognizing and defining the nature of a decision situation, identifying alternatives, choosing the
‘best’ alternative, and putting it into practice.

b) List and explain the steps in the decision making process.


Senaraikan dan terangkan langkah-langkah dalam proses membuat keputusan(10 marks)

3. a) Explain the steps in the control process?


Terangkan langkah-langkah dalam proses kawalan (10
marks)

b) What is delegation. Give examples of 5 barriers to delegation ?


Apa itu delegasi. Berikan contoh 5 halangan kepada delegasi ? (10 marks)

4. a) What is leadership? (2 marks)

b) Explain the difference between leaders and managers


Terangkan perbezaan antara pemimpin dan pengurus (8 marks)
c) Explain any five competencies required of a leader.
Terangkan mana-mana lima kecekapan yang diperlukan oleh seorang pemimpin. (10
marks)

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy