Question

In: Economics

Define what Management means to you and what is it's role in defining and achieve the...

Define what Management means to you and what is it's role in defining and achieve the organizations goals.

Solutions

Expert Solution

The management is defined as the process of reaching organizational objective by working with and coordinating individuals efforts and other resources. It has characteristics such as- it includes reaching organization goals, it is the process of related and continuing activities. The management does not do the work themselves.The management is important for all the successful organization because individuals in each organization need to work together in order to meet some planned goals of the organization. The management takes place in any firm calling for the coordination of the individuals and other resources.

The role of the management is to move the firm towards its goal by assigning the activities to the people working in the organization to perform, The management makes sure that all the activities are designed and allocated effectively and each individual responsible for each activities are contributes to attain the organizational goals. The management responsibility is to encourage the individuals activity which is helpful for reach the organizational goals and discourage the activities which are hinder the accomplishment of the organization goals.

The major functions of management are planning, organizing,staffing, directing and controlling

  • Planning: it is the process which involves choosing the tasks needed to perform to attain the organizational goals, Outlining how the tasks needed to perform, and deciding when they should be performed.
  • Organizing: It involves assigning the tasks which are planned at the planning stage, structuring the all necessary activities and activities in order to meet the goals in an effective and efficient manner. In short we can say that organizing is the mechanism which puts the plans into actions.
  • Staffing: It includes recruiting the individuals in order to perform the work of the organization.
  • Directing: It is encouraging and leading the individual to achieve organizational goals.
  • Controlling: Analyzing, evaluating and correcting the activities and actions in order to keep the on track of organization progress.

Related Solutions

• Define "knowledge management". Define "ignorance management".What role does each play in advancing innovation strategies?
• Define "knowledge management". Define "ignorance management". What role does each play in advancing innovation strategies?
Why do you think it's so difficult to achieve healthcare as a human right? What would...
Why do you think it's so difficult to achieve healthcare as a human right? What would have to change in order to achieve health care for all? 
Write a one page paper defining (in your own words) what integrity means. How will you...
Write a one page paper defining (in your own words) what integrity means. How will you demonstrate it in your professional accounting career?
What role does Culture play in defining Psychological disorder?
What role does Culture play in defining Psychological disorder?
Define what diversity means to you, your community and its importance.?
Define what diversity means to you, your community and its importance.?
Define working capital, net working capital, and working capital management. What is the role of the...
Define working capital, net working capital, and working capital management. What is the role of the manager in working capital management? What are marketable securities? What are the two main types of marketable securities?
   Define what ethical eating means to you. b. Then you could CHOOSE and FOCUS on...
   Define what ethical eating means to you. b. Then you could CHOOSE and FOCUS on any ONE of the following        according to your ethical eating meaning! i)                The ethics of eating meat (e.g in a week ) ii)              The ethics of localism (e.g. by buying only locally-produced food for one week) iii)             The ethics of food waste (e.g. by committing to zero-waste or packaging for one week)     Throughout the week, think and keep notes about your choice in the following    ...
Write about what college success means to you. How will you define success,and what strategies will...
Write about what college success means to you. How will you define success,and what strategies will you use to achieve success? Please write 300 words. Please cite in text research paper author and year.
What is the NLRB? What is it and what is it's role? "Fair labor standards Act"....
What is the NLRB? What is it and what is it's role? "Fair labor standards Act". Provide an overview. "Espoused" versus "in use" cultural values. Define these terms. Why are these terms important to organizations/HR? Please answer all of them in details
describe what the "shifting of fist dollar coverage" means for the patient and it's impact of...
describe what the "shifting of fist dollar coverage" means for the patient and it's impact of revenue cycle for providers of services.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT