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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top management. According to Allen‚ “Centralization” is the systematic and consistent reservation of authority at central points in the organization. The implication of centralization can be :- 1. Reservation of decision making power at top level. 2. Reservation of operating authority with the middle level managers. 3. Reservation of operation at lower level at the directions of the top level. Under centralization‚ the important and key decisions are taken by the top management and the
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Abstract Unethical and ethical behaviors in the workplace can destroy or build a business. In my research I found that unethical workplaces are more commonly found in today’s business world. With this being said even though it’s commonly found there are ways to get rid of or just minimize unethical behaviors in the workplace to help a business stride towards excellence and good workplace ethics by following a corporate wide code of conduct. That everyone in this workplace knows‚ follows‚ and
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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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has made dynamic progress‚ both in terms of number of units and combination to the total food production. With the development of the food processing industry‚ a number of problems arose from time to time‚ which were mainly concerned with the management and government policies‚ labour and by-products‚ et.al. For the healthy development of the food processing industry various government committees‚ experts‚ researchers‚ agricultural colleges‚ universities‚ research institutions has contributed
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Apollo Group‚ Inc. 2 0 11 A n n u A L R e P O R t be... engaged focused committed accountable dedicated educated innovative informed connected supported empowered inquisitive valued effective impactful Since 1973‚ Apollo Group has been creating opportunities for students and employees to reach their full potential‚ while enriching society as a whole. Today‚ Apollo Group continues to strengthen its position as a leading provider of high quality‚ accessible education for individuals
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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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