4) The Sogood Supermarket employs a team of specialists to manage its affairs.

a) List FOUR functions of management.

b) Choose THREE of the functions that you mentioned above and explain why EACH is important in running the supermarket.

c) List TWO benefits that the supermarket can derive from a team approach to
management.

d) State TWO responsibilities that the management team has to EACH of the following:
(i) Shareholders
(ii) Employees
(iii) Customers
(iv) The environment

5. a) (i) List TWO functions of management.

(ii) Identify FOUR groups to which management has responsibility.

b) Discuss THREE methods used by management to fulfil its responsibilities.

c) Discuss THREE basic needs that are satisfied through work and suggests methods management could use to satisfy these needs.

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.