Assignment Task: Imagine yourself starting your own business. Based on what you learned in an introduction to management course you are requested to answer in details the following problems:
Problem 1: Briefly clarify what the business is, where it will be located, What it will provide to the market in terms of goods or services.
Problem 2: What kind of managerial functions you will use to run your business and how?
Problem 3: Clarify how many levels of management you might need and why?
Problem 4: What are management skills do you think would be most important for your business managers to have? Why?
Problem 5: How might the following management theories/approaches be useful to your business: scientific management, behavior approach and systems approach?
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