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Imagine yourself starting your own business. Based on what you learned in an introduction to management course...

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General Management

Imagine yourself starting yourown business. Based on what you learned in an introduction tomanagement course you are requested to answer in details thefollowing questions:

  1. Briefly clarify what the business is, where it will belocated, what it

     willprovide to the market in terms of goods or services.

  1. What kind of managerial functions you will use to runyour business

     and how?

  1. Clarify how many levels of management you might needand why?

  1. What are management skills do you think would be mostimportant

     for your business managers to have? Why?

  1. How might the following management theories/approachesbe useful to your business: scientific management, behaviorapproach and systems approach?

Answer & Explanation Solved by verified expert
3.9 Ratings (487 Votes)
About the business Business Retail chain stores of kids products Location All European and US cities I would like to do business in the physical as well as online mode The company is intended to offer the customer all kinds of kids related products such as the following Clothes Toys School items Comic books Educational CDs Gifts Powders and lotions etc Along with the kids products the company would like to offer products to meet the needs of parents also Managerial functions All the management functions that will have applications in this business shall be given below Planning Both online and offline data collected from customers will be used for the purpose of planning The company intended to prepare a plan for the next five years at all levels of the business The    See Answer
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