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Managerial Functions

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Managerial Functions
1.0 INTRODUCTION……………….................................................................................. 2
2.0 MANAGERS………………………………………………………………………….. 2
2.1 Top Level Managers…………………………………………………………… 2
2.2 Middle level Managers………………………………………………………… 2
2.3 Low level Managers or first-line Managers…………………………………… 3
3.0 MANAGERIAL FUNCTIONS………………………………………………………. 3
3.1 Planning……………………………………………………………………….. 4
3.2 Organising……………………………………………………………………… 4
3.3 Leading or Directing…………………………………………………………… 5
3.4 Controlling…………………………………………………………………….. 6
3.5 Staffing………………………………………………………………………… 6
4.0 MODERN MANAGEMENT FUNCTIONS…………………………………………. 7
5.0 BENEFITS OF EFFECTIVE MANAGEMENT……………………………………… 7
5.1 Clear Vision……………………………………………………………………. 7
5.2 Coordination…………………………………………………………………… 7
5.3 Organisational Order…………………………………………………………… 7
5.4 Provides Alternative Action…………………………………………………… 8
5.5 Proper Resource Management…........................................................................ 8
5.6 Right Work Force……………………………………………………………… 8
5.7 Hierarchy of Authority………………………………………………………… 8
6.0 DANGERS OF INEFFECTIVE MANAGEMENT …………………………………. 9
6.1 Confusion……………………………………………………………………… 9
6.2 Stress of Employees…………………………………………………………… 9
6.3 Unmotivated Employees……………………………………………………… 9
6.4 Misuse of Valuable resources…………………………………………………. 9
6.5 Miscommunication……………………………………………………………. 10
6.6 Company Loses………………………………………………………………… 10
6.7 Poor Quality Products ………………………………………………………… 10
7.0 MANAGERIAL FUNCTIONS IN ZAMBIAN FIRMS……………………………. 10
CONCLUSION…………………………………………………………………………… 11
BIBLIOGRAPY…………………………………………………………………………… 12

1.0 INTRODUCTION

In this paper we are looking at managers and the important work that they do. We also look at the importance of managerial functions in improving the quality of work for the employees and organisations. We will also look at the benefits or dangers of performing these functions effectively or ineffectively.



Bibliography: Benowitz, EA 2001, Principles of Management, Hungry Minds Inc, New York. Burrow, JL, Kleindl, B & Ever, KE 2004, Business Principles and Management, 12th edn, Thomson South-Western, Ohio. Hanly, S 2003, effects-bad-management-employees, viewed 20 May 2013, . Microsoft Corporation 2009, 'Enyclopedia Encarta '. Nelson, B 2010, Managing for Dummies, 3rd edn, Wiley Publishing Inc, Indianapolis. Quinn, S 2010, Management Basics, Ventus Publishing. Robbins, SP & Coulter, M 2003, Management, 11th edn, Prentice Hall, New Jersey. Williams, K 2007, Management a Practical Introduction, Mc Graw Hill, Florida.

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