—" CHAPTER EXERCISES 4 2 3. 4. Briefly explain the importance of studying management. Contrast effectiveness with efficiency. Construct a table showing the amount of skills re quired in each level of management. Choose one principle of management and provide specific business situation where it can be used. Choose a particular being used. business or industry and tank the roles of managers frequently“ASE 1. ST. ANDREW COLLEGE OF BUSINESS AND SCIENCE: Who Can | Turn To? ‘After the death of her husband, Mrs. Gloria Tadino started operating her own elementary chool. After five years, she was requested by the parents of her students to open a high school jepartment and she reluctantly obliged. When the total enrolment exceeded one thousand students, she opened the college department. By the year 2012, the school has become popular throughout Central Luzon with its newly registered name: St. Andrew College of Business and IScience (SACBS). As of 2012, the number of students enrolled are as follows: Elementary = 1,030 High School = 957 College = 6342 , In educating students, SACBS has an excellent record. The passing rate ofits graduates is above the national average in the various licensure examinations. Financially, the school is a “going concern.” Banks rate the school as a good credit risk Mrs. Tadino is already 60 years old and is beginning to worry about her replacement as president of SACBS. She has three sons and wants one of them to take over as soon as possible. Although she is sure that whoever she chooses would gladly accept, she wants to make an intelligent choice, Gloria's eldest son Mario is 35 years old, an electronics engineer, and is working as network administrator of a big communication firm in Makati. Mario is theimmediate superior of five other professional engineers. Mario's wife is also an electronics engineer and is working {in the same company as head of planning department. They have a daughter and a son. Mario is the most sociable among the three sons of Gloria. He and his wife are very industrious and are very much contented with their jobs. Theit main drawback is their difficulty balancing their family’s budget. Gloria's second son is Glenn who is 33 years old and a professional chemical engineer. He works as associate engineer in the biggest public utility firm in Metro Manila. Glenn has ambitions of saving money to buy a house and lot in Quezon City, a car for him and another forhis wife, and enough cash to open a business when they retire. He is on his way to achieve fis goal because he rarely socializes and he meets people only when itis work-related. His wife isa professional engineer and is also connected with Glenn’s company as supervisor ofthe IT Gloria's third son, Vincent, enrolled in a college course in a big university in Manila just like his two older brothers. Out of 70,000 who took the entrance examinations, he obtained the tenth highest score. Inspite ofthat score, he failed to finish his college course. Unwilling to go back to his province and his mother, he made himself busy trying to work and educating ‘himself in jobs he liked. ‘Vincent worked for two years in a call center as a customer relations agent. He enrolled in specialized courses in computer. Upon the recommendation of his Canadian friend, he handled for one year an English class exclusively for Koreans. His long stay in Manila exposed him to various cultures including those of the Koreans, as well as his Canadian, Australian, and American friends. For a few years, he was also exposed to the culture ofthe Hocanos, the Igorots, and the Visayans. For five years, he handled classes in Judo and in one competition he got a gold medal. He bested local and foreign opponents. Laer, he established his own small business using the computer as his main equipment.iffi in making her Reviewing the credentials of her sons, Gloria seems to have some aes an aint cay final choice. She is contented to know, however, that whatever shortcomi: iss have, they can be remedied by proper training. Learning Assessment 1. Assess who the most desirabie successor of Gloria is. Base your decision on the various characteristics and skills required of a manager. 2 Describe other acceptable factors that Gloria may use to come up with the best choice.