By assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals a manager would be completing the second function, the function of organizing. According to Bateman and Snell (2009) “Organizing activities include attracting people to the organization, specifying job responsibilities, grouping jobs into work units, marshaling and allocating resources, and creating conditions so that people and things work together to achieve maximum success.”…
Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when, how and who is going to perform a specific job. Planning is a detailed program regarding future courses of action. It is rightly said “Well plan is half done”. Therefore planning takes into consideration available & prospective human and physical resources of the organization so as to get effective co-ordination, contribution & perfect adjustment. It is the basic management function which includes formulation of one or more detailed plans to achieve optimum balance of needs or demands with the available resources.…
In a good business, managers, the staff, both employers and employees all put their heads together to achieve their objectives. Organisation is what brings a company together and put in all the right screws and makes sure there order in the work environment. Organisation speaks a lot when it comes to a company’s management. To be organised is to have a group of people who come together to with intention to fulfil a goal. Organisation is that of more than two heads coming together to analyse a situation and looking into how to get the business onto greater heights.…
management involves the policies and practices needed to carry out the staffing (or people) function of…
Human Resource Management function includes these basic activities selection and recruitment, training and development, performance appraisal, work design creation, job analysis, compensation system, Health and Safety benefit policies, succession planning and team-building of employees (Michael C. C. SZE, 1995).…
Functions of HRM can be categorized into 2 i.e. managerial functions and operative functions. Managerial functions include planning, organizing, staffing, directing and controlling. On the other hand operative functions include procurement,…
An organisation is a human construct, made by people. It is not built by bricks and stones, or by furniture and fixtures, or by plants and machiner y alone. It is the people who make or mar an organisation. A group of people travelling in a bus from one place to another, a group of people watching a movie for three hours, a large number of people attending an election campaign speech of a political leader do not form an organisation. They form a crowd or a mob. An organisation requires people with purpose, goals and objectives. Thus, comprehensively we can say that:…
I declare that the whole information of this management training is to tally pure, true and based on organization site, place, customer information and website information.…
An organisation is a social arrangement which pursues collective goals, which controls its own performance, and which has a boundary separating it from its environment. Organisation is the association formed by a group of people who see that there are benefits available from working together towards some common goal.…
An organization is a group of people who work independently towards a common goal. Organization achieves their goals by creating, communicating, and operating the system existing in every organization. To better organize and manage the organization, manager needs to understand the element of the social system, role and role conflict, as well as the culture of the organization.…
Study outline schema question in preparation for final Exam MBA 531 1. What is marketing? Discuss the components of marketing? Marketing is the managerial function responsible for identifying and anticipating and satisfying customer requirements profitably. It is a multi-disciplinary subject.…
Marketing through e-mails is e-mail marketing. Each penny which you use is worthy if you use e-marketing effectively. It helps in acquiring new customers and enhancing the relationship with the existing ones.…
An organisation is a social arrangement, construct, a body or unit composed of two or more persons to achieve a specific objective on a relatively continuous basis by means of planned and coordinated activities. People interact with each other in a particular way and form relationships with suppliers, customers, clients and the community. The objectives involve use of human resources and inanimate resources in order to accomplish the aims of an organisation and provide satisfaction for its people.…
An organization is basically a group of people working together for achieving common goals. Laudon and Laudon (2002) stated that an organisation is, “A stable, formal structure that takes resources from the environment and processes them to produce outputs.” This technical definition focuses on three elements…
In simple words, organizing means arranging the ways and means for the execution of business plan. It is the creation of administrative set-up for the execution of the plan. It suggests the framework within which the management functions. The term organisation suggests a functional group working together for achieving common purposes/objectives. Organisation provides mechanism for integrated and co-operative action by two or more persons with a view to implementing any plan. Organisation facilitates efficient administration, direction and control. It avoids wastage of raw materials and human efforts. Every management has to establish its own organisation structure for efficient conduct of…