Principles of Management
GRADUATE DIPLOMA IN
BUSINESS MANAGEMENT
Awarded by the Asia E University
Assignment
PRINCIPLES OF MANAGEMENT
Name of student : YUGENESH A/P KRISHNAN
Facilitator : MR.DASARATHARAO
KU Centre : PETALING JAYA
Index no : KUPJ (HQ) 00010
Question no : 1-4
Word count : 2551
Submission date : 20TH APRIL 2013
Contents Page
1. Importance of Management Principles 1
1.1. Introduction 1
1.1.1. Useful Approach to a Manager 1
1.1.2. Efficient and Effective Administration 1
1.1.3. Maximize the Usage of Resources 2
1.1.4. Provide Scientific Approach in Decision-making 2
1.1.5. Survive in Constantly Changeable Environment 3
1.1.6. Management Training, Education and Research 4
1.2. Conclusion 4
2. Case Study 4
2.1. Consequences 4
2.1.1. Planning 5
2.1.2. Communication 6
2.1.3. Management Functions 6
2.1.4. Leadership 7
2.1.5. Delegation 8
2.1.6. Decision-making Process 9
2.1.7. Accountability 10
2.1.8. Conclusion 11
3. References
1. Introduction – Importance of Management Principles
1.1 In my opinion, management and principle is the basis of any particles in an organization. The principles of management play an important role especially in the computing industry because it is one of the most dynamic industries. It acts as a business function that uses technology to manage and share master data across the organization. Not to mention with the practice of principles of management, it increases the velocity of the growth towards productivity in many ways per below. I have actually reviewed and expanded the ideas of Pujari S. from her article as follows.
1.1.1. Useful Approach to a Manager
A manager is able to perform his tasks efficiently. He presents an accurate reporting to his top management with the help of high tech devices, has all-inclusive views, monitors and
BUSINESS MANAGEMENT
Awarded by the Asia E University
Assignment
PRINCIPLES OF MANAGEMENT
Name of student : YUGENESH A/P KRISHNAN
Facilitator : MR.DASARATHARAO
KU Centre : PETALING JAYA
Index no : KUPJ (HQ) 00010
Question no : 1-4
Word count : 2551
Submission date : 20TH APRIL 2013
Contents Page
1. Importance of Management Principles 1
1.1. Introduction 1
1.1.1. Useful Approach to a Manager 1
1.1.2. Efficient and Effective Administration 1
1.1.3. Maximize the Usage of Resources 2
1.1.4. Provide Scientific Approach in Decision-making 2
1.1.5. Survive in Constantly Changeable Environment 3
1.1.6. Management Training, Education and Research 4
1.2. Conclusion 4
2. Case Study 4
2.1. Consequences 4
2.1.1. Planning 5
2.1.2. Communication 6
2.1.3. Management Functions 6
2.1.4. Leadership 7
2.1.5. Delegation 8
2.1.6. Decision-making Process 9
2.1.7. Accountability 10
2.1.8. Conclusion 11
3. References
1. Introduction – Importance of Management Principles
1.1 In my opinion, management and principle is the basis of any particles in an organization. The principles of management play an important role especially in the computing industry because it is one of the most dynamic industries. It acts as a business function that uses technology to manage and share master data across the organization. Not to mention with the practice of principles of management, it increases the velocity of the growth towards productivity in many ways per below. I have actually reviewed and expanded the ideas of Pujari S. from her article as follows.
1.1.1. Useful Approach to a Manager
A manager is able to perform his tasks efficiently. He presents an accurate reporting to his top management with the help of high tech devices, has all-inclusive views, monitors and
References: 3.1. Book Anbuvelan K. (2007) Principles of Management, New Dehli-110002: Laxmi Publications (P) Ltd Burns G. (2012) A is for Accountability, Trafford 3.2. Online Article Pujari S. (July 2007) “6 main Significance of Principle of Management” [online]. Available from http://wwwyouraticlelibrary.com/877/6-main-significance-of-principle-of-management (Accessed on 8 April 2013) 3.3. Website “What is the role of computers in industries?” [online] Available from http://wiki.answers.com/Q/what_is_the_role_of_computes_in_industries (Accessed on 10 April 2013) “What is Management?” [online] http://www.managementstudyguide.com/what_is_management.htm (Accessed on 15 April 2013)