Preview

Functional Areas of Management

Good Essays
Open Document
Open Document
628 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Functional Areas of Management
Areas of skills and practices are categorized according to the four main functions of management, including planning, leading, organizing, and coordinating. Preparatory texts in management frequently manage their topics according to the equal or similar classification. However, the four functions are in fact highly integrated when passed out in the day-to-day realities of in succession an organization. Therefore, the reader should not get trapped up in trying to closely investigate and appreciate complete, clear basis for the categorization of the skills and practices.
In addition, various experts would oppose on what skills and practices should be compulsory for basic, entry level managing.
Various functional areas of management are:
· Production(Manufacturing) management
· Marketing management
· Financial management
· Personal management Read more in Management
« Functions of Management
Cross Training- Benefits to Companies and Employees »
1. Production management:
Production means formation of utilities by converting raw objects in to final creation by different scientific methods and set of laws. It is very essential field of managing. Various sub-areas of the manufacture department are as follows.
Production planning: Managers has to arrangement about different production policies and production methods.
Plant lay out and location: This area deals with designing of plant arrangement, make a decision about the plant location for various products and providing different plant utilities. HTML5 Video not supported by this browser. Please update or install Flash.
Research and Development: This area deals with research and developmental actions of manufacturing branch. Refinement in existing product line or build up a new product is the most important activities.
Material management: This area deals with purchase, storage space, issue and manages of the material mandatory

You May Also Find These Documents Helpful

  • Satisfactory Essays

    According to Bateman and Snell (2009), “the effective and efficient management of all four functions of management is the key to being a good manager.” To accomplish this task, a manager must master and apply all four functions (planning, organizing, leading and controlling) of management on a regular basis.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Four Primary Functions of Management are universally applicable and adaptable to most management situations. Successful management techniques are accomplished through the Four Primary Functions of Management: planning, organizing, leading, and controlling. Many companies such as Walmart rely on management theories, Innovation utilizes the planning and organizational process of the Four Functions of Management.…

    • 394 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    1.0 Production System.................................................................................................iii & iv 1.1 Inputs 1.2 Transformation of Inputs/Processes 1.3 Outputs 2.0 Decision Making............................................................................................................v 2.1 Strategic Decisions 2.2 Production, Planning and Control Decisions 3.0 Process & Product Strategy................................................................................vi & vii 3.1 Stages for introducing a new product 3.2 Technology Resources 3.3 Human Resources Used In Production & Impact of Technology on HR 3.4 Process Flow 3.5 Capacity 4.0 Facilities Strategy.................................................................................................viii & ix 4.1 Location 4.2 Factory Layout 5.0 Quality Strategy................................................................................................x, xi & xii 5.1 How is quality maintained? 5.2 Does this fit with any approaches? 6.0 Inventory Management.............................................................................................xiii 6.1 Methods of Inventory Control 7.0 Environmental Sustainability......................................................................................xiv 7.1 Issues, pressures or responsibilities surrounding the factory 8.0 Appendices.................................................................................................................xv…

    • 4168 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    References: 1. The four functions of Management: Foundation for all Management Concepts"; Retrieved from: http://voices.yahoo.com/the-four-functions-management-foundation-all-538016.html…

    • 809 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Capstone

    • 304 Words
    • 2 Pages

    3. The Production department determines the number of units to produce for the upcoming year, purchases the capacity/new facilities to build existing and new products, automation levels (the higher the automation level, the longer it takes to complete an R&D project) and controls the workforce complement percentage.…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    midterm

    • 2509 Words
    • 11 Pages

    The four categories of skills used by all levels of managers in all kinds of organizations are called…

    • 2509 Words
    • 11 Pages
    Satisfactory Essays
  • Good Essays

    A master’s degree in business administration will help me to grasp the complex relationship between the public and private sectors of the US economy, and will help me to build my communication skills, confidence, and professionalism. A master’s degree is especially valuable among local and state government departments, since a bachelor’s degree does not always meet the qualification standards of local and state government jobs.…

    • 775 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The four functions of management are planning, organizing, leading and controlling. Planning is the foundational function upon which all the other management functions…

    • 875 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Of course management depicted as a social development that encompasses the responsibility for economical and effective planning, and the regulations of operations of an organization to achieve its main goal. To achieve the task of accomplishing the organizations goals manager's use the tool of the four functions of management so he or she can successfully and professionally manage the work of his or her subordinates. These four function include planning, organizing, leading, and controlling.…

    • 508 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Functions of Management

    • 2483 Words
    • 10 Pages

    This is an arrangement paper that was compiled by several students attending the University of Phoenix online classroom. This paper elaborates on the four functions of management. In order for an organization to survive, each of these functions is critical. Comprehensive understanding of each of the four functions is also necessary. This paper also identifies and presents operational illustrations of the four basic functions. It emphasizes the need to perform each of these management functions efficiently and effectively in order to create a sustainable competitive advantage for a company. Without properly utilizing these tools, the organization could be headed down a road doomed to failure.…

    • 2483 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    MU1 Assignment 2

    • 1726 Words
    • 6 Pages

    In manufacturing companies, production is usually the most important aspect of the entire process mostly due to the high cost incurred, the staffing and the complexity of the departments involved –…

    • 1726 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The four basic functions of management are planning, organizing, leading, and controlling. The internal or external factors of an organization influence the ongoing process of an organization. They create an impact on the above-mentioned functions of the management. An impact of these internal and external factors will help in modifying the organization culture.…

    • 1724 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The four functions of management, planning, organizing, leading, and controlling, are very essential in building strong organizations and even stronger more effective teams. Planning, organizing, leading, and controlling are the functions of management. These function activities must be preformed my all managers regardless of their industry level, title, or the task they have at hand. These four management skill are used when ever a project or a task is at hand. Even in the field we are working in, many of us may have been using the four management functions and not noticed what they were, or we may have been a part of a team that was lead by the functions of management and not noticed what was going on.…

    • 783 Words
    • 4 Pages
    Good Essays
  • Good Essays

    There are four basic managerial functions in the process of management which includes planning, controlling, organising, and leading. All managers, regardless of title, level, type and organisational setting are responsible for the four functions.…

    • 821 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The four functions of management are planning, organizing, influencing, and controlling. Each can be discussed individually, but as the text says are integrally related. Each play a key role in meeting organizational goals.…

    • 577 Words
    • 2 Pages
    Good Essays