Bba 360 Mid Term Exam - 1773 Words

BBA 360 Mid Term Exam 1. What were the traditional 4 functions of mgmt developed in 1912 by Fayol? What functions do you think are effective in the 21st century? The traditional 4 functions of management by Fayol are; Planning, Organizing, Leading, and Controlling. Planning is the step where an action plan is created based on the organization and team goal, objectives are created and deadlines. Organizing is the step where team roles, responsibilities and task are assigned. Leading is the step where managers motivate, and encourage team members to achieve the objectives and goals of the company. Effective leaders motivate and influence others to achieve their work. Controlling is the step where managers measure the achievement of objectives and goals set, and to ensuring that the organization is operating successfully. In the 21st Century, I believe that all the traditional 4 functions are essential for the success of a company. Any function is less effective than the other one. In order to have an effective management and leadership the 4 functions are essential to accomplish the objectives and goals of the organization. 2. What are Tuckman’s 5 Stages of Group Development? Tuckman’s 5 Stage of Group Development are; Forming, Storming, Norming, Performing, and Adjourning. Most teams follow this 5 stages for high performance. Forming is the stage where people get to know their coworkers and team roles and responsibilities are not clear. Storming is the stage where conflictShow MoreRelatedMarketing Mistakes and Successes175322 Words   |  702 Pagestaught a variety of undergraduate and graduate courses in management, marketing, and ethics. Prior to that he taught at the University of Minnesota and George Washington University. His MBA and Ph.D. are from the University of Minnesota, with a BBA from Drake University. Before coming into academia, he spent thirteen years in retailing with the predecessor of Kmart (S. S. Kresge), JCPenney, and Dayton-Hudson and its Target subsidiary. He held positions in store management, central buying, and