FACULTY OF BUSINESS ADMINISTRATION SEMESTER SEPTEMBER / 2014 BBPP 1103 PRINCIPLE OF MANAGEMENT MATRICULATION NO. : IDENTITY NO. : TELEPHONE NO. : EMAIL : LEARNING CENTRE : TABLE OF CONTENTS Topics Pages 1.0 INTRODUCTION…………………………………………………………….….. 3 2.0 TYPES OF ORGANIZATION STRUCTURE………...………………….……. 5 2.1 Functional Structure……………………………………………………………...… 6 2.2 Geographical Structure………………………………………………………....… 11 2.3 Matrix Structure………………………………………………………………....... 14 2.4 Product
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Module No. 2 – Principle of Management Question No 2 a) List and explain the four Basic Functions of Managers Answers The functions of a manager are :- a) Planning b) Organizing c) Directing d) Controlling a) Planning Planning means setting an organization’s goals and deciding how best to achieve them. Managers need to plan so that worker’s activities are consistent with the organization’s goal and the correct type and amount of resources can be acquired. Planning
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Principle of Management - Griffin --------------------------------- Chapter 6 case summary: Bill Ford took over Ford Motors in 2001 as the CEO‚ when the company was struggling with falling sales around the world – in a time when the company desperately needed careful planning and their execution. Bill Ford revised and updated the company’s tactical plans – cutting costs‚ gaining back the experienced staff‚ catering to specific market niches and more. Some of these targets have been
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Allison Reach Mr. Michael King Principles of Management December 2‚ 2010 Case Application: Mixing It Up In July of 2000‚ General Mills acquired Pillsbury from London based Diageo for $10.5 billion in stock and assumed debt. (All Business‚ A D&B Company) After the merger‚ managers from General Mills were now faced with integrating the two Minnesota based companies. A special concern that had been brought up was marketing issues. With such household names such as Pillsbury‚ Betty
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to be successful. A manager will find him or her being in several different hat throughout the company and dealing in several different areas in order to function. One of the most important function of a manager is to motivate his subordinates. Management work is done by people. So generally if employees are not satisfied‚ they will not perform efficiently which will affect the fulfilment of an organization’s goals. Employee satisfaction is utmost important in successful completion of work in an
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CASE 31 International Marketing Research at the Mayo Clinic The Mayo Clinic‚ known for treating international leaders‚ recently saw the president of a central Africa country in its halls. Teodoro Obiang Nguema Mbasogo‚ the president of the Republic of Equatorial Guinea‚ was in Rochester‚ New York‚ for a checkup‚ clinic officials confirmed. Security officers and limousines—not an uncommon sight in Rochester—signaled his visit. Nguema Mbasogo assumed the leadership of his country with a coup
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skills. The assignment will be graded using the following rubric: Outcomes Assessed · Explain the principle theories of leadership and motivation‚ and describe the fundamental considerations in managing and motivating individual and group behavior. · Use technology and information resources to research issues in management. Grading Rubric for Assignment # 2 – “Hewitt-Packard Company” Criteria 0 Unacceptable 20 Developing 30
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References: Immelt‚ GE‚ J. (2009‚ June 26). Text of Immelt ’s speech [Speech transcript]. Retrieved from U.S. edition database. Jeff Immelt‚ CEO. (n.d.). Retrieved January 29‚ 2013‚ from GE imagination at work website: http://www.ge.com/company/leadership/jeff-immelt
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leads and controls. The four management functions will be introduced first. Next in line‚ would be the managerial roles. It is identified that she is playing an interpersonal and decisional role according to Henry Mintzberg’s Management roles. She uses Conceptual skills and Human skills according to Robert Katz’s Management Skills more in her daily working life as compared to technical skills. The report will have fine details of what Ms Ng does in relations to the Management roles and skills. Finally
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decision-making: 1) Persuasive Democratic Management The leader will makes the decision first and then convinces the employees that he or she has made the right decision. 2) Consultative Democratic Management It is involved in group decision-making and leadership to make the final decision. Autocratic Style Autocratic style is means one individual has the authority to make all important decisions for a group or people. There are two types of autocratic management: 1) Directive autocrat Directive
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