Functional strategies – NBC Institute

SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

Question

When five years ago the present regional divisional structure of Greater Accra, Ashanti, and Eastern was formalized, an attempt was made to ensure that common systems and ways of working were adopted across each of the three regions. However, due to the pressures on the Company, this was never fully implemented.

Required:
Explain the potential benefits of resource sharing (configuring an organization’s computing system in such a way that the information and resources within it can be accessed, and remotely accessed, across multiple administrative domains) to Prestige if they adopt common IT systems.

Answer

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Tags: Cost savings, IT Systems, remote access, resource sharing
Level: Level 3

Topic: Functional strategies
Series: MAR 2024

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

Question

The approach to leadership and management that NSL has adopted in managing the business is one of working closely as a team to get work done. This is often referred to as shared management teams. In shared management teams, management responsibility is distributed between individuals in a team or organization in such a way that the members of the team manage each other.

Required:
Research into shared management teams has identified several factors that contribute to the effectiveness of such a team and its ability to improve performance. Identify and explain FIVE (5) of those factors in relation to NSL.
(10 marks)

Answer

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Tags: Organizational Performance, Shared Management, Teamwork
Level: Level 3

Topic: Functional strategies
Series: NOV 2023

SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost savings, IT Systems, remote access, resource sharing
Level: Level 3

Topic: Functional strategies
Series: MAR 2024

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Organizational Performance, Shared Management, Teamwork
Level: Level 3

Topic: Functional strategies
Series: NOV 2023

Topic: Functional strategies

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SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

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SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

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SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

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SCS – MAR 2024 – L3 – Q3 – Functional strategies

Explain the potential benefits of resource sharing through common IT systems at Prestige.

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SCS – Nov 2023 – L3 – Q3 – Functional Strategies

Identifying and explaining factors that contribute to the effectiveness of shared management teams in improving organizational performance.

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