Question

Two co-workers at Nortel came up with an idea for renting software over the Internet. Nortel’s top management liked the idea and set up a special division called Channelware devoted to taking the idea and making a new product. The establishment of a new company and assigning the employees in the division the task of making an idea a reality requires which management function?

Answer 1

The management function required in this scenario is organization. The establishment of a new company called Channelware and the assignment of employees to the division is an example of organizing resources and people to achieve a specific goal.

Step-by-step explanation:

The management function required in this scenario is organization. The establishment of a new company called Channelware and the assignment of employees to the division is an example of organizing resources and people to achieve a specific goal. In this case, the goal is to develop and market the new software rental product. The management of Nortel recognized the value of the idea and took action to implement it by creating a dedicated division.

Answer 2

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