Management 101

In: Business and Management

Submitted By lioooo
Words 612
Pages 3
Functions of Managers
Managers are tasked with the role of ensuring that there is order in the organization and that everything runs in the way it is expected to. For this reason, managers have specific functions that they are expected to execute for smooth running of the organization. The first function is planning and it is the first and the most important function in management as all the other functions depend on it. If this function is not executed properly, the other functions which will be based on planning will fail. Planning involves developing action plans aimed at achieving certain organizational goals. For example if an organization intend to expand its market, it is the responsibility of the manager to come up with a plan on how the expansion will be done. The manager can come up with strategies such as aggressive marketing into the new markets, partnering with other distributors, setting a new outlet among others. All these are action plans that a manager can develop to ensure that the organizational goals are achieved. Organizing refers to the process of instituting measures to ensure that the set plans are put to action. The manager comes up with strategies on how the plan that he has developed is to be implemented. In this process, the different roles and tasks are determined and assigned to different employees for execution. These tasks are usually delegated with authority to ensure that the employees are able to make their decisions. Leading is the third function in management and involves coordination of the different activities that are implemented in order to achieve the set plans. The manager works in collaboration with the employees and gives guidance on how best they can execute their specific tasks. Leading also involves communicating, inspiring, motivating, and encouraging employee.
The last function in management is controlling…...

Similar Documents

Management 101

...environment.’ Introduction Management is celebrated as one of the innovation whose impact is considered equalled to be one of the most changing technologies. Management is therefor said to be that body of thought that makes the organization work. Therefore management should be considered a long term goal, but due to the financial crisis, a new way of thinking have risen, organisations must adapt to short term goals to the ever changing environment. According to (Jackall 2010), developing effective management skills to deal with the challenges of the changing environment is needed for organisations to remain competitive in the world market. Proper practice of management skills should be considered for workers to help the organisations by being efficient and effective. This essay is to analyse the practice of management that has been practiced before and after regard to the change of the environment in the organisation, i.e. the global financial crisis. Proper practice of considerable management styles which have been used before and are known to affect the success or failure of an organisation will also be analysed. ‘A feature of an organizational and its management process is change’ (Kurt, 2004). Section 1: Management and organisation It is viewed that management is an act of getting work done through people. Management takes the planning and directing efforts of putting resources together to accomplish a task. Later in the 20th century, scientific management has been......

Words: 2848 - Pages: 12

Inft 101 Time Management List

...Time Management: Lists Time is a wonderful gift from God. While we do not know how many years we will be granted here on Earth, we do know that everyone has the same 24 hours each day, with 168 hours each week. The busiest person utilizes the same amount of time each day as the least accomplished person who only manages to spend the day on the couch, watching TV or playing computer games! What does your current use of time indicate about you? This activity will help you see how much time you truly have left to “manage” once you determine what time you currently have committed to your daily activities and tasks. Complete the chart provided below to see where you stand now. Simply type in the hours spent on each activity and total up each column. | Mon. | Tues. | Wed. | Thurs. | Fri. | Sat. | Sun. | Weekly Total | Commuting | 1hour | 1hour | 1hour | 1hour | 1hour | 1hour | 1hour | 7hours | Work | 12hours | 12hours | 12hours | 12hours | 12hours | 4hours | 4hours | 60hours | Eating | 1hour | 1hour | 1hour | 1hour | 1hour | 2hour | 2hours | 14hours | Exercise | 1hours | 1hours | 1hours | 1hours | 1hours | 1hours | 1hours | 7hours | Home chores | 1hour | 1hour | 1hour | 1hour | 1hour | 3hours | 3hours | 11hours | Family time | 1hour | 1hour | 1hour | 1hour | 1hour | 1hour | 1hours | 7hours | Social time | 1hour | 1hour | 1hour | 1hour | 1hour | 1hour | 1hour | 7hours | Volunteering | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Worship | 0 | 0 | 0 | 0 | 0 | 0 | 2hours |...

Words: 590 - Pages: 3

Management 101

...There are many different types of forms of businesses in this world. People tend to choose a type of business off of what they feel or who they are working with. These forms are what guide someone into being successful or not. These forms are the most traditional ways of our economy. Throughout this paper I will be expressing each major form of business with their advantages and disadvantages. A sole proprietorship is defined as a structure of business organization that is simple to set up and allows you to have control over the business, which is ideal for small owner-operated businesses (Kimmel, Weygandt, & Keiso, 2009, p.4 ). The advantages are a sole proprietor has all the strength and decision-making power towards the company, everything can take place at the verdict of the sole proprietor owner, there are no corporate taxes, and to start a company legally is cheap to name a few. The disadvantage of a sole proprietor business is what can change the mind of a few when it comes to starting one. They are liable for all debts towards the company. Partnership is used a lot through many businesses. A partnership is formed between two or more people to invest and run a business smoothly. Advantages to name a few are Partnerships are relatively easy to establish, cost-effective as each partner specializes in certain aspects of their business, and may benefit from the combination of complementary skills of two or more people as in more knowledge, skills and contacts. The......

Words: 464 - Pages: 2

Management 101

...scope, create management structures and invest in research and development which allows them to stay ahead of the competition. Second Claims: Unrelated diversification leads to problems in the long run. Business ownership patterns have diminished the likelihood of many firms’ long term success. Claims: important to invest, be committed/ companies still ignore logic/ pursuing a wide mkt is key/ hard to enter a mkt when there’s already a 1st mover/ company succeed when it dvlps an economy of scale and scope Major Concepts Economies of scale: Doing things on a greater scale makes things cheaper. Economies of scope: Being able to make other things based on the knowledge and materials you have. Functional divisions: Example: Sales, Management, Accounting. Management Hierarchy: Levels of Management. Bosses, ect… First Movers: First to hire managers, to grow, move. Once a firm loses the opportunity to be a first mover, it is difficult to regain competitive advantage. * Confidently seize opportunities through major commitments * Constantly improve and aggressively compete * Manage logically and systematically * “Maintain and nourish their competitive capabilities” Research and Development: New technologies, improving quality, price/cost. Managerial enterprises: build large and efficient pdct capacity, compete aggressively and never let up, expand mktg and distribution, lower cost and improve quality Organization of......

Words: 3695 - Pages: 15

Management 101

...Week 3 (25 August) Tutorial: How does your life define “I”? Reflecting on my life or whatever I have been through. I don’t think I have much of a life but I am contented. So here goes... I sat down for a talk with an insurance agent to do a short survey but in actual fact we both knew that the reason behind the survey was to try to convince me to buy an insurance policy from him. Halfway through the survey, he ask whether I had any financial goals that I hope to achieve and he was quite shocked to hear that I don’t have any financial goals in life. I was also shocked by the fact that he seemed so shocked over my answer. Are having financial goals a necessity in life? My logic is that having financial goals are not really that important if I have the virtue to save. As long as I save prudently, I can achieve any financial goals that I want, isn’t it? My logic applies in my academic life too. During secondary school, teachers and friends would ask whether I would choose to go to college or to polytechnic after my ‘O’ levels. My answer would always be ‘I don’t know’ or ‘I haven’t thought of it’. Why should I give a thought on where I should go after my ‘O’ levels? As long as I do well in my ‘O’ levels, I would have the luxury of pondering that question and seeking out the many options that will be open to me if my results are good so shouldn’t I strive to study hard first and get the best results? Definition of me: l realise I think and interpret things differently......

Words: 493 - Pages: 2

Management 101

...The Manufacturing Industry operates in many environments and depending on what needs to be manufactured typically has a great impact on where it will be manufactured. Automobile Manufacturers are an example of having interest in many different regions of the world. According to the Website http://www.worldometers.info/cars/(2009): which has a listing of 37 countries in which automobiles are listed as being manufactured in. Toyota in 2006 was considered the second largest automaker in the world, and according to the Website: www.toyoland.com/toyota/plants.html(2007): Toyota has 52 manufacturing facilities in 27 countries outside of Japan. Toyota President Katsuaki Watanabe, in his 2007 new year’s greeting, said that Toyota must implement thorough measures concerning quality and reinforce the foundations of manufacturing by implementing additional localization measures, including human resources development from a global perspective and further support for local affiliates to operate autonomously (Toyoland). Toyota has built plants around the world to avoid costly shipping of mass numbers of vehicles and avoid the troubles that accompany it. It also does a lot of its indirect production such as forging, die assemblies, and engines in China to lower labor costs. Working in so many different countries and allowing these plants to operate autonomously can cause issues because of countries different cultures, work ethics, and holiday schedules. Although Toyota has been operating...

Words: 309 - Pages: 2

Management 101

...Kristian Kenn D Limsipson BSBA-BM 1A PRINCIPLES OF MANAGEMENT Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management is the act or skill of controlling and making decisions about a business. Management is the way of something is handled, careful treatment, supervising skills, or those in charge of a business or a group. Manager a person who controls the activities, business dealings and other aspects of the career of an entertaines. Manager is a person responsible for supervising and motivating people. *What are the task, roles, skills of the manager* Management Task #1: Coaching One of the most important management task is coaching. Managers must be the persons who will show to their subordinate or team members the right direction where the organization will need to go. They are simply instructors and trainers. Management Task #3: Change Agent The whole change process must be planned and managed if you want to bring desired results. Managers in the same time must ensure that the company will continue with the current level of success and prepare to implement change that will bring future success. Management Task #4: Forecasting the Future Forecasting is another managerial task that will provide a picture of how the future will look like from......

Words: 781 - Pages: 4

Management 101

...Introduction Bill Hewlett and Dave Packard graduated in electrical engineering from Stanford University in 1935. The company established by Hewlett and Packard in Packard’s garage with an initial capital investment of US$538 during a fellowship in 1939. Hewlett Packard Company commonly referred as ‘HP’. HP product lines include personal computing devices, enterprise servers, related storage devices and diverse range of printers and imaging products. HP Company has been described as one of the most successful companies of the 20th Century. The reason why this company was so successful over such a long period of time may well lie in the management of its corporate culture ‘The HP Way’. The HP Way reflects the personal core values of Bill Hewlett and David Packard, and the translation of those values into a comprehensive set of operating practices, cultural norms, and business strategies (Collins, 2005). However, since the late 1990s, the company has been experiencing a new and different culture is emerging, ‘The New HP Way’. Today, many companies take the tenets of the HP way almost for granted but when first formulated, they were visionary. This report would briefly outline ‘The HP Way’ and ‘The New HP Way’ organisations which is a balance between profits for the owners and shareholders of the company and the rights, job security and working conditions of its employees. * Organisational Behaviour Effective communication & Leadership Behaviour The HP’s way of......

Words: 1732 - Pages: 7

Mgt 101 Principles of Management Final Exam Answer

...MGT 101 Principles Of Management Final Exam Answer http://homeworklance.com/downloads/mgt-101-principles-of-management-final-exam-answer/ Question 1 1 points Save When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 1 points Save In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 1 points Save According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 1 points Save The three main types of authority that can exist within an organization are: line, staff, and formal staff, informal, and formal line, staff, and functional line, functional, and formal Question 5 1 points Save The most basic method of dividing job activities is the: process control......

Words: 3600 - Pages: 15

Mgt 101 Principles of Management Final Exam Solutions

...MGT 101 Principles Of Management Final Exam Solutions http://hwguiders.com/downloads/mgt-101-principles-of-management-final-exam-solutions/ MGT 101 Principles Of Management Final Exam Solutions Question 1 When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 The three main types of authority that can exist within an organization are: line, staff, and formal staff, informal, and formal line, staff, and functional line, functional, and formal Question 5 The most basic method of dividing job activities is the: process control method customer location method centralization method functional similarity method ......

Words: 3308 - Pages: 14

Mgt 101 Principles of Management Final Exam Answer

...MGT 101 Principles Of Management Final Exam Answer http://homeworklance.com/downloads/mgt-101-principles-of-management-final-exam-answer/ Question 1 1 points Save When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 1 points Save In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 1 points Save According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 1 points Save The three main types of authority that can exist within an organization are: line, staff, and formal staff, informal, and formal line, staff, and functional line, functional, and formal Question 5 1 points Save The most basic method of dividing job activities is the: process control......

Words: 3600 - Pages: 15

Mgt 101 Principles of Management Final Exam Answer

...MGT 101 Principles Of Management Final Exam Answer http://homeworkfy.com/downloads/mgt-101-principles-of-management-final-exam-answer/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) FINAL EXAM 表單的頂端 Question 1 1 points Save When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 1 points Save In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 1 points Save According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 1 points Save The three main types of authority that can exist within an organization are: line, staff, and......

Words: 4163 - Pages: 17

It 101

...IT 101-002 September 22, 2013 IT News Report Assignment 1 Article Summary The article, “The iPhone 5s fingerprint reader: what you need to know”, explains how the fingerprint sensor works to its readers. For the first time, Apple has introduced a new technology called the “Touch ID” in its iPhone 5s. Basically, this feature enhances the security for the phone’s owner, where they no longer have to solely rely on entering a passcode to access their phone. The new iPhone 5s makes use of a capacitance fingerprint reader, which measures and senses the user’s fingerprint and further forms an image. This sensor has been placed in the “home” button of the phone. Eventually, the iPhone does not store the user’s fingerprint but instead runs a scan every time a finger is placed on the sensor. The emergence of this new technology does not mean that passcodes will no longer be used. Passcode is a must! If the sensor breaks or something happens to your finger, you need a way to get back into your phone. Other Apple services, such as iCloud or iTunes, will still require passwords, as fingerprint readers cannot always be used for them. However, purchases can be made using the Touch ID. According to Apple, this new technology will prove to be exciting to its users. A simple four-digit passcode will no longer always need to be used to get into your phone. Touch ID along with the use of a passcode will prove to be more secure for the iPhone user. Analysis Day by day, new advancements in...

Words: 461 - Pages: 2

Mgt 101 Principles of Management Final Exam Solutions

...MGT 101 Principles Of Management Final Exam Solutions http://hwguiders.com/downloads/mgt-101-principles-of-management-final-exam-solutions/ MGT 101 Principles Of Management Final Exam Solutions Question 1 When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 The three main types of authority that can exist within an organization are: line, staff, and formal staff, informal, and formal line, staff, and functional line, functional, and formal Question 5 The most basic method of dividing job activities is the: process control method customer location method centralization method functional similarity method ......

Words: 3308 - Pages: 14

Mgt 101 Principles of Management Final Exam Answer

...MGT 101 Principles Of Management Final Exam Answer http://homeworklance.com/downloads/mgt-101-principles-of-management-final-exam-answer/ Question 1 1 points Save When creativity is desirable, then: the organization should be completely centralized the organization should be completely decentralized some degree of decentralization is desirable it is impossible to recommend centralization or decentralization in this situation Question 2 1 points Save In order to raise the odds their commands will be accepted, Barnard recommends: the manager uses informal channels of communication each organization member receive directions from the most expedient communication channel the line of communication between manager and subordinate go through the CEO commands are authenticated as coming from a manager Question 3 1 points Save According to staff personnel, one reason for line/staff conflict is that line personnel: tend to assume staff authority do not give sound advice fail to keep staff personnel informed of their activities resist new ideas Question 4 1 points Save The three main types of authority that can exist within an organization are: line, staff, and formal staff, informal, and formal line, staff, and functional line, functional, and formal Question 5 1 points Save The most basic method of dividing job activities is the: process control......

Words: 3600 - Pages: 15

Fundamentals of Computer and Information System | Скачать | Inari, Konkon, Koi Iroha.