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7.03 Management Functions Scavenger HuntDirections: Using your phone or computer, click on the company icons – they will take you to an article about Business Management. After reading the article, answer the questions below the icon. Turn completed document into Ms. Harris via the POB Dropbox in Google.Managing a National CompanyWhy has Panera been successful? What role did planning have in this success?Is Panera fulfilling its vision? If so how? If not, why not?What role does the vision play in Panera’s planning and expansion strategy?What are some of the challenges that Panera faced when expanding to the national level?How did Panera plan for these challenges?In the article, Lawrence Hrebiniak says, “When you’re on top what do you do? It’s difficult to maintain that advantage.” Why do you think this is? How can planning keep you “on top” or how can planning cause you to lose your advantage?Managing a Non-ProfitWhat are some of the strategies nonprofits employ to seek funding?What are some advantages/disadvantages nonprofits have over for profits?What elements are necessary for effective decision making?How are nonprofit organizations using market strategies to increase financial sustainability? How are they planning to implement these strategies?What are some for profit businesses doing to ensure that they are more social conscious? How could this affect their planning?What are some advantages/disadvantages small businesses have over larger businesses with regards to planning?Management Function: Decision Making StrategyWhat are some advantages Jawad has in running the day-to-day operations of her business?What skills did Jawad develop to improve the strategy of her business?Using Jawad’s example, what are some of the ways that small businesses can negotiate and compete with larger organizations?What are some of the obstacles small businesses must overcome when pursuing strategies for more effective business practices? (i.e., using limited human resources to complete multiple tasks)The article explains how small businesses should work together instead of competing with each other. What are some ways small businesses could use organizational strategies to help each other increase business? (i.e., refer customers to each other)Management Function: Direct & ControlWhat strategy should a manager use while setting goals for his/her employees?How can goal setting be a motivational tool?What happens when goals are set too high/too low?What role does self-esteem play in goal setting?Brainstorm some ways managers can help boost the self-esteem of employees?Management Function: RecruitHow does Adegbesan recruit potential employees for her company? How many employees does a company like Adegbesan’s have? (very few, many?) What sort of promotions are possible in the context of Adegbesan’s company?Why do you think that Adegbesan does much of the legwork herself? How might Adegbesan conduct performance appraisals, especially in the light of the fact that her employee count is probably very small? How does/might she evaluate herself? What sort of relationship does an individual have to a business enterprise when they are the main Staff-force? When they are their own boss? What are some of the advantages of having a small staff? Management Function: PlanWhat opportunity was available in China for businesses that were planning ahead?What American Businesses stepped in and filled this need?What went wrong with Hershey’s planning?What went wrong with Nestlé’s planning?What did Mars do differently than the other chocolate companies to “get it right”? How did Mars’ Management handle staffing their business in China? ................
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