The organizing function of management deals with activities that result in the formal assignment of tasks and authority and a coordination of effort. Management staffs the work unit, trains employees, secures resources, and empowers the work group into a productive team. Organizing is the managerial function of arranging people and resources to work toward a goal. The purposes of organizing include but are not limited to determining the tasks to be performed in order to achieve objectives, dividing tasks into specific jobs, grouping jobs into departments, specifying reporting and authority relationships, delegating the authority necessary for task accomplishment, and allocating and deploying resources in a coordinated fashion.
These resources are what make an organization function as a single cohesive entity. Physical assets, monetary, human resources, knowledge and technology are prime examples of resources that help build upon the foundation of the organization. Knowledge and technology are two in particular that go more hand in hand during the organization processes of management of a company.
Circuit City is a prime example of an organization where knowledge and technology places a vital role within the functioning of management. Especially within the Information Age of which we are currently in, these resources combined help not only the employees of the company but for the customers who shop from our stores as well. As a Fortune 500 company, and one of the nation's leading providers of consumer electronics, Circuit City strives to offer value to investors, businesses and consumers (Circuit City, 2006). When the company first opened its doors to the public back in 1949, it wanted to provide the community with a new technology that would change the face of consumer electronics forever. More than 50 years, over 600 stores and several name changes later, the technology continues to change, but Circuit City's commitment to customers remains...
References: Circuit City, 6/16/2006
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