The Five Functions Of Management
The Five Functions of Management
Olivia Genevay
MGT 330: Management for Organizations
Professor LaQuita Gray-Baker
December 22, 2014
Clean Cut Concrete Cutting, Inc. is small family started and owned business in the Inland Empire in California that has been around for over thirty years. Clean Cut’s goal is to perform their job to the customers’ approval to the best of their ability at an affordable price. Part of their mission statement is clean equipment, clean crews, and clean work. This paper is going to show how this business applies the concepts of the five functions of management within its operations. The first function is planning, in which mangers decide on what future activities and goals the business will strive to complete. To help this process strategic planning uses the SWOT, strength, weakness, opportunity, and threat, analysis to analyze the internal and external factors for the business (Reilly and Baack, 2011). Clean Cut’s strengths would be that they beat competitors rates, available around the clock all days of the week, and always offering discounts through advertising. The consequences to those strengths are always adjusting rates whether it is in our template for pricing or to the advertisements, or getting called to do work on a holiday or overnight. The weaknesses for the business are that we are a small business and sometimes have to temporarily hire qualified workers to make sure that we meet our deadline, and we just do not have the manpower or resources to expand our working area past a radius of 75 miles from our office. Clean Cut’s weakness that could be a major threat is the cash flow problem due to not keeping up with technology. Customers want to pay by card or with their phone and out system QuickBooks system is not setup for either of these forms of payment so instead we are waiting for the mail for checks from customers. Based on our SWOT analysis “management can prepare a strategic plan for aspect of the business, or
Olivia Genevay
MGT 330: Management for Organizations
Professor LaQuita Gray-Baker
December 22, 2014
Clean Cut Concrete Cutting, Inc. is small family started and owned business in the Inland Empire in California that has been around for over thirty years. Clean Cut’s goal is to perform their job to the customers’ approval to the best of their ability at an affordable price. Part of their mission statement is clean equipment, clean crews, and clean work. This paper is going to show how this business applies the concepts of the five functions of management within its operations. The first function is planning, in which mangers decide on what future activities and goals the business will strive to complete. To help this process strategic planning uses the SWOT, strength, weakness, opportunity, and threat, analysis to analyze the internal and external factors for the business (Reilly and Baack, 2011). Clean Cut’s strengths would be that they beat competitors rates, available around the clock all days of the week, and always offering discounts through advertising. The consequences to those strengths are always adjusting rates whether it is in our template for pricing or to the advertisements, or getting called to do work on a holiday or overnight. The weaknesses for the business are that we are a small business and sometimes have to temporarily hire qualified workers to make sure that we meet our deadline, and we just do not have the manpower or resources to expand our working area past a radius of 75 miles from our office. Clean Cut’s weakness that could be a major threat is the cash flow problem due to not keeping up with technology. Customers want to pay by card or with their phone and out system QuickBooks system is not setup for either of these forms of payment so instead we are waiting for the mail for checks from customers. Based on our SWOT analysis “management can prepare a strategic plan for aspect of the business, or