Briefly explain why innovation is so important for companies


Assignment

1. List and briefly explain the 4 functions of Management and which function do you believe is most important, and why?

2. Explain the concept of Contingency Management and do you agree or disagree with this theory?

3. Describe the 3-Step process that companies use to understand their changing environments and what is the latest trend that you have noticed in society and business?

4. Document the 3 factors that affect Ethical Decision Making and briefly explain them. Have you ever worked, or can you provide an example of a business or corporation with Unethical business operations/processes?

5. Making a "SMART" plan to achieve goals has 5 steps, can you list and explain them. Can you provide an example of a recent plan or experience that could have benefited from "SMART"?

6. Briefly explain why innovation is so important for companies and in your opinion, what is the latest innovation that you have seen or used in the marketplace?

7. Explain the concepts of Organizational Authority and can you identify one concept that you prefer over the others, why?

8. Please list and explain the Good/Bad of using Teams in business, what is your opinion of Teams, do you like or dislike them, why?

9. Can you briefly explain the purpose of employment laws and how they affect Human Resources Practices? What are your thoughts on Intentional or Unintentional Discrimination?

10. Discuss why Diversity is so important to business and how it differs from Affirmative Action. Not all supervisors embrace Diversity, can you please comment on how this will hurt a business or it's operations? Please provide examples if you have any.

11. Briefly explain the basics for Motivation and can you provide us with an example of a supervisor or teacher that was/is very Motivational?

12. Huge difference between Management and Leadership, explain what Leadership is and provide us with an example of a Good Leader, either at work or at school.

Separate with each question above

List and describe the Communication Process and the various Communication Channels within an Organization. What's your opinion on the "Grape Vine) or the unofficial form of communication, is it good or bad for a business and why do you believe that way.

13. Discuss the various methods that managers can use to maintain Control and is there a specific technique that you prefer, why?

14. Explain the importance of Strategic Information and can you provide us with an example of how Social Media uses strategic information.

Format your assignment according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Management: Briefly explain why innovation is so important for companies
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