Imagine you are a member of the Academy of Management (ACM) and on the steering committee to choose a location for the organization's annual meeting. When making the recommendation, you will explain which management theory was used to make that choice. If your recommendation is based on analyzing a variety of circumstances because no single management theory applies to all situations, you are applying which approach to management? Contingency management Information management Systems management Operations management Another person noticed the steering committee lacked anyone with a marketing background. He suggested adding an AOM member with marketing experience, possibly creating a committee that is more productive than one in which each member works alone. In other words, the marketing expert may create: Synergy A subsystem A closed system An open system

Question

Business

Curly

2 September, 18:39

Imagine you are a member of the Academy of Management (ACM) and on the steering committee to choose a location for the organization's annual meeting. When making the recommendation, you will explain which management theory was used to make that choice. If your recommendation is based on analyzing a variety of circumstances because no single management theory applies to all situations, you are applying which approach to management? Contingency management Information management Systems management Operations management Another person noticed the steering committee lacked anyone with a marketing background. He suggested adding an AOM member with marketing experience, possibly creating a committee that is more productive than one in which each member works alone. In other words, the marketing expert may create: Synergy A subsystem A closed system An open system

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Maurice Noble · Answer 1

I will make of use operations management and the addition of marketing expert to the team will create synergy.

Explanation:

Operations management involves adopting best business practices so as to achieve highest level of efficiency. It emphasizes analyzing different options available in a business where each option based on its peculiarities is accorded a rating and the option with the highest is chosen.

Specifically, operations management can be applied to choosing a location for the annual by following the steps below

All possible locations are identified

Each location is rated based on its pros and cons

The rating is computed using weighted average method

The location with highest rating is chosen for the meeting

On the other hand, strategy is achieving more by combining resources much more than it would been possible to achieve individually. The new marketing expert will be able to provide general marketing guidance to the existing members while they complement the expert with business-specific information.