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Many organizational decisions are made by groups in form of committees, task forces, review panels, study teams or similar groups. What are the advantages and disadvantages of group decision making?
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Describe the validity of the Peter Principle in modern management practices.
Date posted: April 24, 2021 . Answers (1)
Define the “Peter Principle” as a management concept.
With the help of examples, evaluate the statement that “the leader is more important than the followers as the key to an organization's success”.
What are the key qualities of a good corporate vision?
Clearly distinguish between corporate mission, vision and core values.
“Some management experts feel that control (that is, setting standards, measuring performance against them and taking corrective action when needed) hinders creativity. Others take the opposite view”.With the help of examples give arguments in support of each view.