Answer :
A manager of a clothing firm is deciding whether to add another factory in addition to one already in production. The manager would compare the incremental benefit expected from the second factory to the cost of the second factory.
What is the role of manager in a company
The specific sort of managerial conduct is referred to as a management position. The responsibilities and tasks that managers have are their jobs. According to their duties and power, every manager operating at different organizational levels must take on a variety of positions.
Famous scholar Henry Mintzberg attacked the conventional functional approach to management as impractical in the 1970s. Over the course of two weeks, he carefully observed five senior executives at work. He discovered that although the managers have diverse functions, they are all interconnected.
- A manager must behave like a leader and exhibit all of a leader's qualities.
- Contract negotiations and social interactions are among a manager's interpersonal obligations.
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