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• Written in APA format (Use Citations ONLY. Please, no cover pages, abstract
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• Written in APA format (Use Citations ONLY. Please, no cover pages, abstracts, and do not attach word documents).
• 500 word minimum response per question.
1. Describe and explain the functions of Management and identify what function you consider to be the most important and why?
2. Explain how the internal and external environment effect managerial decisions. How could the internal or external environment effect the ethical climate of managers in the organization; include Sarbanes-Oxley Act in the analysis?
3. What techniques and tools can managers use in the planning process to develop the organization’s competitive strategy; think SWOT, Porter, and product life-cycles? As a manager at the business level, what technique(s) would you favor, and why?
4. What are the advantages and disadvantages of group and team decision making in groups? Define groupthink and provide real-life examples that you may have observed in your organizations.
5. Describe the purpose of a business plan; what are they used for and what information goes into it? When describing the financial component of the plan, explain how a start-up business gets its capital to start?
6. What are the reasons organizations fail to innovate? Can you name a firm that was unable to innovate and failed; described what happened and where it is now?
7. What is a psychological contract? Describe how you would approach an employee and establish one?
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