Monday, December 23, 2019

Management Is The Basic Function Of Management - 1763 Words

Q1. Management is a common and important term involving in all kinds of organizations such as businesses, political, cultural or social. Management has been described as the process of dealing with things or people (Oxford Dictionary). There are four basic functions that make up the effective management process: Planning, Organizing, Leading and Controlling. Catriona Noble, who started from a 14-year-old casual crew member to the first female CEO of One of McDonald’s top ten subsidiaries in the world, applies successfully these functions in operating McDonald’s Australia. Planning is the basic function of management which involves in defining goals, setting up strategy, and developing plans to best achieve of the goals. Typically, planning also involves flexibility in the organization and knowledge of the company’s recourses. Thus it is important to have planning skills to establish the right strategic objectives before making tactical decision (Burrows, 2016). Understanding planning is a key in running business, Catriona Noble has been a crucial driving force in changing McDonald’s menu. She endeavours to find out the different opinion of customers about the food in order to modify menu items that suit consumer tastes. She also really concerns about criticisms towards McDonald’s fattier items and aims to use a lower-fat and healthier way to cook. As a business leader, she effectively uses planning skills to develop and monitor individual aspects of projects, and determineShow MoreRelatedThe Basic Functions Of Management1537 Words   |  7 PagesManagement Management is defined as the process of coordinating people, and other resources to achieve the goals of an organization. Management consists of a variety of things and very active job and duty. Management includes knowing basic management function, what types of managers there are, skill-sets required to be a manager, leadership quality, and decision making. Altogether these different sections are taken in a much broader perspective diving into the four main resources of managementRead MoreInternal Control : The Basic Functions Of Management956 Words   |  4 Pages(2) (a) – What do you understand by internal control? (5 marks) Control is one of the basic functions of management. I understand internal control therefore to be the continuous process of ensuring an organisation’s objectives are achieved efficiently and effectively. I believe that internal control is a set of procedures and processes which the management of a company – the Board of Directors and management as a whole – are responsible for in order to prevent or deter and detect fraud; safeguardRead MoreWhat Are The Five Basic Functions Of Project Management1214 Words   |  5 Pagesis Project Management Project management is a series of steps taken in sequence to manage a project through all phases from conception to completion. The steps are documented in a strategic plan. 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The relationships between successful business and Human Resource Management are examinedRead MoreContemporary Management1199 Words   |  5 PagesIRHR1001- Essay The Primary Article is: Carroll, S. and Gillen, D. (1987) Are the Classical Management Functions Useful in Describing Managerial Work? Academy of Management Review 12(1), pp. 38-51. The essay will endeavor to provide an insight into how Fayol’s basic principles of Classical Management Functions are indeed useful in describing managerial work. In the last (20th) century, the role of managers in business becomes more diverse as the number of tasks in which businesses were involvedRead MoreImproving Management Styles1097 Words   |  5 PagesImproving Management Styles and Their Function In the article When the Problem is Management, author Lawrence Sawyer takes a look at the different styles that managers have in their practice, how they can better perform their functions and how they relate to the four basic functions of management. As an internal auditor, Mr. Sawyer provides some insight to these managers in helping them and their departments make better use of the tools they have and points out what basic function they are violatingRead MoreEssay Functions Of Management943 Words   |  4 Pagesbe successful management must be efficient and effective. This is dependent on the concepts management uses. Four basic management concepts are used in most companies to help accomplish the goals and objectives within the organization. Despite the implementation of solid management concepts, mistakes are made. Management must strive to learn from mistakes made, concentrating on improving management skills. Functions of Management Many forms of management exist such as management of resourcesRead More Improving Management Styles Essay1056 Words   |  5 Pages Improving Management Styles and Their Function nbsp;nbsp;nbsp;nbsp;nbsp;In the article When the Problem is Management, author Lawrence Sawyer takes a look at the different styles that managers have in their practice, how they can better perform their functions and how they relate to the four basic functions of management. As an internal auditor, Mr. Sawyer provides some insight to these managers in helping them and their departments make better use of the tools they have and points out whatRead MoreManagement for Built Environment964 Words   |  4 PagesSubject : MANAGEMENT FOR BUILT ENVIRONMENT ââ€" ª Course : B.SC (HONS) CONSTRUCTION MANAGEMENT ââ€" ª Subject Code : ECM3134 ââ€" ª Subject Status : Major ââ€" ª Semester : 1 ââ€" ª Assessment : 50%=Final Examination; 50%=Coursework Lecturer Details ââ€" ª Lecturer : Jeffrey Lee Sheu Tiong ââ€" ª HP/Tel : 019 2728655 ââ€" ª E-mail Address : jeffreylee@segi.edu.my Learning Material Main Text : G Cole, â€Å"Management Theory and Practice†

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