3. Complete these sentences with these words:

achieved board of directors communicate innovations

manageable performance resources settings supervise

1. Managers have to decide how best to allocate the human, physical and capital____available to them.

2. Managers-logically- have to make sure that the jobs and tasks given to their subordinates are_____.

3. There is no point in _____objectives if you don’t_____them to your staff.

4. Managers have to _____their subordinates, and to measure, and try to improve, their _____.

5. Managers have to check whether objectives and targets are being_____.

6. A top manager whose performance is unsatisfactory can be dismissed by the company’s_____.

7. Top managers are responsible for the _____that will allow a company to adapt to a changing world.

4. Match the words in the right column to the synonyms in the left column:

managerial general

strategy responsibility

be in charge achieve

duty stage

attain set up

establish be resposible for

phase course of action

overall organizational

5. Form nouns and adjectives from the verbs:

allocate, alter, achieve, guide, motivate, supervise

Example: manage-management-managerial

6. Replace words in bolds in the sentences with their synonyms from the list below:

alternations, team, established, overall, goal, achieved, position, stages

1. Plans are set up in the first stage of the project.

2. Organisation goals are attained by succesfully combining the functions of planning, organising, staffing, directing and controlling.

3. During training for my present job I took courses in accouniting.

4. The organising function may be divided into two phases: determining positions and their associatted duties and staffing those positions.

5. Managers should periodically control how well general company goals are being met.

6. It is the purpose of an organisation to “make common people do uncommon things”.

7. The risk of choosing a wrong course of action may be lessened by participation of a group rather than an individiual manager.

8. Plans are often subject to slight changes before implementation.

THE MANAGER: ROLE AND RESPONSIBILITIES

1. Read and translate the text:

Managers are coordinators of economic activities in business organizations. Coordination of group efforts is an essential function in a company, and whoever acts as a coordinator is a manager.

Managers do not perform physical tasks which are necessary to produce and sell the goods and services that are the output of the company. All this is done by workers and employees. On the other hand, the latter would be unable to achieve the goal of the organization without the guiding hand of' management.

There are literally thousands of decisions in a company about what is to be done, who is to do it and how it is to be done. It is managers who make these decisions and see that they are implemented.

The duties of a manager include: the determination of the best form of organization, development of a control system, budgeting and forecasting, marketing and sales policies, effective performance of the sales staff, deve­lopment of improved methods for the planning and control of ordering, hand­ling and sorting out of the materials and supplies, determination of wages and salaries, the establishment of incentives for good performance.

The work of managers is, by no means, confined to manufacturing indus­tries. It is indispensible in offices, banks, mercantile establishments, ensurance agencies and other similar activities.

Speaking about personal qualities of a manager it should be noted that he/she needs energy, good judgement, a sense of reality and a sense of social responsibility. He/she must be persistent in getting at the root of a matter, quick in grasping things and in reaction, and operationally efficient. A manager must be professionally well educated and be knowledgeable in the field of psychology, sociology, management, economics and modern type of business running policy.