HRM ASSIGNMENT
ST. PAUL’S UNIVERSITY
HRM ASSIGNMENTS
QUESTIONS
1. Explain the meaning of the term “Management”
There are several definitions among them;
Management is a set of activities directed at the efficient and effective utilization of resources in order to achieve organizational objectives.
Management focuses on the entire organization from both a short and a long-term perspective. Management is the managerial process of forming a strategic vision, setting objectives, crafting a strategy and them implementing and executing the strategy.
Management is the organization and coordination of the activities of a business in order to achieve defined objectives.
Management is often included as a factor of production along with‚ machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy
References
http://www.cengage.com/management/discipline_content/mgmt_demo/0324656521_ch01.pdf http://www.businessdictionary.com/definition/management.html http://www.cimaglobal.com/About-us/What-is-management-accounting/
2. Discuss the contributions of strategic management, tactical management and operational management in an organisation of your choice.
Strategic work is a management role. It involves setting the direction for the organization (or group), deciding what to do and what not to do, who to hire and when. If it involves committing the organization to money in some way, that’s strategic work. Here are some examples (not an exhaustive list): managing the project portfolio,
HRM ASSIGNMENTS
QUESTIONS
1. Explain the meaning of the term “Management”
There are several definitions among them;
Management is a set of activities directed at the efficient and effective utilization of resources in order to achieve organizational objectives.
Management focuses on the entire organization from both a short and a long-term perspective. Management is the managerial process of forming a strategic vision, setting objectives, crafting a strategy and them implementing and executing the strategy.
Management is the organization and coordination of the activities of a business in order to achieve defined objectives.
Management is often included as a factor of production along with‚ machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy
References
http://www.cengage.com/management/discipline_content/mgmt_demo/0324656521_ch01.pdf http://www.businessdictionary.com/definition/management.html http://www.cimaglobal.com/About-us/What-is-management-accounting/
2. Discuss the contributions of strategic management, tactical management and operational management in an organisation of your choice.
Strategic work is a management role. It involves setting the direction for the organization (or group), deciding what to do and what not to do, who to hire and when. If it involves committing the organization to money in some way, that’s strategic work. Here are some examples (not an exhaustive list): managing the project portfolio,