Term paper on management functions

In addition, majority of accounting and marketing documents are stored online to facilitate evaluation and correction by company managers. The four principal functions of management including planning, coordinating, organizing, and leading can effectively assist an organization to select the right goals, maximize available resources, and achieve set goals. This ensures that all franchisees are aware of the company goals and fully understand them. I also believe it is easier for the company to ensure employees maintain the same quality standards because organizing and controlling management functions focus on building an effective organizational culture in all franchises.

However, the company can improve its strategies on leading to enhance its openness. Currently, the function emphasizes on ensuring the employees follow the laid down policies and rules, which discourage creativity and lower employee motivation. This can be achieved by making franchisees more independent, which will enhance the ability of the employees in each franchise to come up with ways to meet needs and demand of respective markets.

DuBrin, Andrew J. Essentials of Management. Lussier, Robert N. Mason, OH: South-Western, Rai, Anil K. Customer Relationship Management: Concepts and Cases. Free unlimited revisions.

Free Work Cited. Free title page. Similarly, it helps in forecasting consequences of the planned actions. It also helps an organization achieve its goals ad objective in a timely and efficient manner. Moreover, this sort of system warns managers and employees against the adoption of piecemeal approach in solving critical business problems Akrani, Controlling help managers in becoming more efficient by making them able to check the system and take appropriate actions to reduce the flaws and make the system more efficient and reliable than before.

In case of strategies, if managers find some flaws, they take corrective measures to make the strategies successful for the organization. Managers usually do two types of controlling which include corrective controlling and preventive controlling. Corrective controlling improves organizational performance for its alignment with the actual performance standards, whereas preventive controlling deals with the prevention of undesired performances from occurring.

  • Essay Preview: Management Functions;
  • 1. Planning.
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Some of the core managerial tasks involved in the function of controlling include determining performance standards and guidelines, measuring actual and expected performances, comparing actual and expected performances, identifying the differences between the two levels of performances, and taking corrective measures to improve the performance of the organization. Akrani, G. Systems Approach To Management by Bertalanffy.

Term Paper on Planning | Functions | Management

Tatum, M. What Is Project Planning? Four Functions of Management. Please, fill the correct e-mail. Four Functions of Management There are four main functions of management, which include planning, organizing, leading, and controlling. All of these functions play a critical role in making an organization achieve all goals and objectives efficiently.

Functions Of Management Essay example - Words | Bartleby

Let us discuss each of these functions in some detail in order to know the relationship that exists between all of these functions. Planning Planning holds an utmost importance in the overall process of management. Organizing Organizing is the second function of management that means to organize different organizational activities in such a way that they work in a sequential manner.

Leading Leading is the third function of management that comes after organization of tasks. Controlling Controlling is the last function of management and comes after managers are done with planning, organizing, and leading. For other uses, see Manager disambiguation. Management accounting Financial accounting Financial audit. Business entities. Corporate group Conglomerate company Holding company Cooperative Corporation Joint-stock company Limited liability company Partnership Privately held company Sole proprietorship State-owned enterprise.

Corporate governance.

Functions of Management – Planning, Organizing, Staffing and More

Annual general meeting Board of directors Supervisory board Advisory board Audit committee. Corporate law. Commercial law Constitutional documents Contract Corporate crime Corporate liability Insolvency law International trade law Mergers and acquisitions. Corporate title. Commodity Public economics Labour economics Development economics International economics Mixed economy Planned economy Econometrics Environmental economics Open economy Market economy Knowledge economy Microeconomics Macroeconomics Economic development Economic statistics.

Types of management. Business analysis Business ethics Business plan Business judgment rule Consumer behaviour Business operations International business Business model International trade Business process Business statistics. Further information: Mirrors for princes. Main article: Evidence-based management.

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Taylorism transformed: Scientific management theory since UNC Press Books. Excel Books India. People Manipulation: A Positive Approach 2 ed. New Delhi: Sterling Publishers Pvt. Ltd published Retrieved There is a difference between management and manipulation. The difference is thin [ In short, manipulation is skilful management. It requires a proactive approach rather than a reactive approach.

In Kaufman, Peter Iver ed. Leadership and Elizabethan Culture.

Functions of Management (Business studies class) 12th C.B.S.E

Jepson Studies in Leadership. Palgrave Macmillan published Mary Parker Follett, the 'prophet of management' reputedly defined management as the 'art of getting things done through people. Voices in Development Management. Ashgate Publishing, Ltd. Lupton's 17 notion that management is 'what managers do during their working hours', if valid, could only apply to descriptive conceptualizations of management, where 'management' is effectively synonymous with 'managing', and where 'managing' refers to an activity, or set of activities carried out by managers.

Online Etymology Dictionary. Edward Elgar.

2. Organizing

A Contemporary Critique of Historical Materialism. Social and Politic Theory from Polity Press. University of California Press. In the army barracks, and in the mass co-ordination of men on the battlefield epitomised by the military innovations of Prince Maurice of Orange and Nassau in the sixteenth century are to be found the prototype of the regimentation of the factory — as both Marx and Weber noted. Mit einer Vorrede S. Herrn Jo. Balkin; Robert L. Cardy Management: People, Performance, Change, 3rd edition.

New York: McGraw-Hill. Management: People, Performance, Change 3 ed. Princeton University Press. When salaried managers first appeared in the large corporations of the late nineteenth century, it was not obvious who they were, what they did, or why they should be entrusted with the task of running corporations. In Harris, Mary G. Managing Health Services: Concepts and Practice. The manager as bureaucrat is the guardian of roles, rules and relationships; his or her style of management relies heavily on working according to the book. In the Weberian tradition managers are necessary to coordinate the different roles that contribute to the production process and to mediate communication from head office to the shop floor and back.

This style of management assumes a world view in which bureaucratic role is seen as separate from, and taking precedence over, other constructions of self including the obligations of citizenship , at least for the duration if the working day. Wall Street Journal. Henri Fayol, the Manager. Stanford Graduate School of Business. CFO Magazine. Randstad USA.

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Retrieved 18 January Economist Intelligence Unit. Journal of Clinical Psychology. Clinical Psychology Review. Outline of business management Index of management articles. Accounting Office Records. Conflict Crisis Stress. Interim Middle Senior. Decision-making Forecasting Leadership.