specialized roles that are dependent on the functional area in which they work [1]. Their rule cannot be ignored. They are the ones who are responsible of planning‚ organizing‚ commanding‚ coordinating‚ and controlling [2]. This paper is designated to study the role of managers in the different functional areas of any business. But what are the functional areas of any business? What are the types of managers and what skills they need to have for each functional area? The following shows the answers for
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The Apollo Group ( university of Phoenix) Sean Ellis BUS475 September 5‚ 2012 The Apollo Group The Apollo Group‚ Inc. has an interesting beginning and was able to finally find eventual success. The Apollo Group founded the University of Phoenix in 1976‚ the founder was Dr. John Sperling. Dr John Sperling decided to go after an opportunity that consisted of creating a university geared toward working adults. Since 1976 the Apollo Group‚ Inc. has forged ahead and found a spot on the Fortune
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Functional Areas of Business Victoria Adams MGT/521 November 17‚ 2014 Monica Spoerer Functional Areas of Business In the pursuit of a Masters of Business Administration (MBA) at the University of Phoenix have given understanding in the functional areas of business. Every organization has leaders that must study different areas within that organization. In order for them to work in these different areas in the organization‚ he or she must focus on the functional skills and responsibilities that
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Businesses have many functional areas‚ these are important in ensuring the business runs efficiently. Here I have described 4 functional areas that most large businesses and organizations should have. 1. Human Resource Management (HR). This is the management of a business’s workforce or people. It is responsible for several things including the selection‚ training and assessment of employees‚ making sure that employment and labour laws are complied with and ensuring the leadership of the company
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Riordan Manufacturing Relocation Management Plan PM/571 Riordan Manufacturing Relocation Management Plan Project Objective: Relocating Riordan Manufacturing from Hangzhou to Shanghai. Project Justification: The relocation of Riordan Manufacturing involves relocating all operations from Hangzhou to Shanghai. The decision for this relocation is the fact that the company’s Chinese partners already have the necessary facilities in place. Also‚ because of the proximal to the Qiantang River‚ there
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theories‚ principles‚ and models that explain how market processes work. It tries to explain creation and distribution of wealth‚ how people allocate scarce resources among the many alternative uses. In the four phases of strategic management‚ the functional areas of accounting are very important. In coming up with a mission‚ vision and the goals of the organization‚ the management will need to have an understanding of the current status of the organization. The process will be informed by the information
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Aims‚ Objectives and ownership In this assignment I am going to investigate the internal structure and functional areas of The Trafford Centre and explain how its internal structure and functional areas have changed over time. All businesses have organisational structures‚ even if they are small or big‚ they have some type of structure so they can operate productively. Types of organisational structures; o Hierarchical structure o Flat structure The Trafford Centre has an organisational
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Riordan Manufacturing- Going Green Initiative Brad Archer‚ Robert Centeno‚ Richard Estrada‚ Kristi Seymour PM 582 January 12‚ 2015 Professor Shauna Cox Riordan Manufacturing is a plastics injection molding manufacturer who is pursuing a "Go Green" project. The goal of this project is to build sustainable‚ environmentally friendly products that will benefit the global corporate community. The project will operate in a fiscally and sustainable manner that will build trust. Our trust will be put
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You have earned points 1 out of 1 points for the Riordan Manufacturing Project Management Plan (Week 3 Preparation) [You have addressed the issue thoroughly and supported your assertions.] Riordan Manufacturing Project Management Plan (Week 3 Preparation) Mee Chang PM/571 Gary Casey December 1‚ 2014 Riordan Manufacturing Project Management Plan (Week 3 Preparation) Project schedule in Microsoft Project 2007 See attachment Rationale of cost and time estimate During
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Managerial Roles within Functional Areas of Business Adriana Tovar For a business to succeed there are lots of things and people required but among the most important people needed‚ the managers are the most essential and can make a difference between losing money and making profit. Cieślińska describes a manager as “a person who fulfills the primordial managerial functions (planning‚ organizing‚ motivating and controlling) and is the superior of given human team” (2007). There are managers at
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