Managerial Work Is Changing in All of the Following Ways

question 10

Multiple Choice

Managerial work is changing in all of the following ways except:

• A) symbolically, managers remain at the top of the organisational pyramid.
• B) the best managers are known more for 'helping' and 'supporting' rather than for 'directing' and 'order-giving'.
• C) more emphasis is placed on teamwork.
• D) the title of manager is often replaced with 'coordinator', 'coach' or 'team leader'.
• E) the role of managers is to help workers serve customer needs.

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Definitions:

New Venture Creation

The process of conceiving, developing, and launching a new business entity, typically characterized by innovation and risk.

Management Team

A group of individuals responsible for overseeing the daily operations of a business and executing its strategy.

Spontaneous Collaboration

The unplanned coming together of individuals or groups to work on a project or solve a problem collectively.

Price-Cutting

A strategy where businesses reduce the price of their goods or services to attract more customers or undercut competitors.