Assignment Task:
The energy industry is a very large and diverse one. It discusses a wide variety of energy sources, such as natural gas, electricity, petroleum, coal, and renewable sources, as well as the stages involved in bringing energy to market, beginning with the process of extraction and continuing all the way through the transportation of the final product and ending with the marketing of the energy.
This indicates that the potential for success for businesses that are categorized as being part of the energy industry might vary greatly from one another. The fact that each of them is responsible, even if only in some little manner, for the introduction of a new kind of energy to the market is really the only thing that links them all together.
1. Provide more elaboration on management's decision to accept a well-structured business opportunity at a lower cost.
2. What are some signs that management has reduced the risks of failing in the determination of a business opportunity?
3. In order to make the task of the management in the office more manageable, enumerate the many ways in which ready markets are suitable.
4. Conceive of a high degree of competence in relation to the improvement of management responsibilities.
5. How do improved financial possibilities influence the job of managers and their equivalents, such as business owners?
6. Put your emphasis on professional advertising and marketing in order to increase the amount of management authority any executives of a company have.
7. What part does buying power play in the achievement of the effectiveness and efficiency of the nature of the job that is done in management?
8. What are the repercussions of having a lack of will power when it comes to recognizing the managerial duties as a disadvantage?
9. Using the idea of entrepreneurship, describe how poor management may have a negative impact on the organization's own management performance.
10. In terms of acquiring superior managerial characteristics, what are the drawbacks of not having access to sufficient financial support?