Functions of Management Paper Essay Example | Topics and Well Written Essays - 750 words - 2

Functions of solicitude Paper - evidence Examplempany and they use to give example of Southwest Airlines where right application of human resource puss helped the airlines to achieve business excellence (Pride, Hughes, & Kapoor, p.p. 159-160). stock management is a broad term used by management researchers to define various elements of business operation. Not only has private sector given impressiveness on business managing but also other types of organizations (NGOs, public sectors) give importance on the subject. Business management is important counterbalance any types of organizational complexity or inconveniences (Spicer, 1997, p. 92).Planning is integrated theatrical role of management system while many management researchers has indicated planning is the first step of management. Planning is the magisterial framework of setting business objective for the organization and designing strategy map to achieve the objective. Organizations turn over a mission statement (like G oogles mission statement is to organize information for people and do an easy online platform to access the information for people) is the initial phase of planning process. Companies allocate resources in pact the mission statement while the process is known as strategic planning.Suppose my organization is Finnish tele chat giant Nokia. Tagline of the company is connecting people. The company needs to establish business objective of expanding distribution and come up market position within next five years. New product development and retail concatenation expansion are two major strategic plans in order to compete with Apple and Samsung.Management creates the basic design of work pattern in the organizing phase by defining organizational communication level (vertical or horizontal) for employees. In this phase management assign work responsibility to certain groups or individual workers. Defining who the fundament customers plays important role in this phase since knowing the n eeds of target customers helps employees to provide