GRADUATE DIPLOMA IN BUSINESS MANAGEMENT Awarded by the Asia E University Assignment PRINCIPLES OF MANAGEMENT Name of student : YUGENESH A/P KRISHNAN Facilitator : MR.DASARATHARAO KU Centre : PETALING JAYA Index no : KUPJ (HQ) 00010 Question no : 1-4 Word count : 2551 Submission date : 20TH APRIL 2013 Contents Page 1. Importance of Management Principles 1 1.1. Introduction 1 1.1.1. Useful Approach to a Manager 1 1
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FACULTY OF OUM BUSINESS SCHOOL MAY 2014 BBPP1103 PRINCIPLES OF MANAGEMENT MATRICULATION NO : 890223075366001 IDENTITY CARD NO. : 890223075366 TELEPHONE NO. : 0124548042 E-MAIL : eshas@oum.edu.my LEARNING CENTRE : PENANG table of contents page 1.0 introduction 2 2.0 ARTICLE 1 4 3.0 ARTICLE 2 7 4.0 ARTICLE 3 10 5.0 CONCLUSION 12 6.0 ATTACHMENT 13
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Why do you think Diebold choose this mode of expanding internationally? What were advantages and disadvantages of this agreement? Diebold didn’t have the need to expand its business across the boarders before the 1980’s since they already had a massive demand inside of the United States. They used a key international business alliance‚ distribution alliances when they thought it was time to export their ATM machines internationally. Distribution alliances‚ such as joint ventures‚ allow a company
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Cash Management for Auto Dealerships Introduction Dr. Hershauer stated in Lecture 11‚ “Cash is king”‚ which is only three small words that emphasize significant meaning for managers to operate efficiently. This statement depicts one of the top priorities of why businesses‚ not only automotive dealerships‚ maintain success. New business entrants may believe the idea that you are out of business when you show an operating loss‚ but Hershauer (2011) proves that you are out of business when you are
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Module No. 2 – Principle of Management Question No 2 a) List and explain the four Basic Functions of Managers Answers The functions of a manager are :- a) Planning b) Organizing c) Directing d) Controlling a) Planning Planning means setting an organization’s goals and deciding how best to achieve them. Managers need to plan so that worker’s activities are consistent with the organization’s goal and the correct type and amount of resources can be acquired. Planning
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FACULTY OF BUSINESS ADMINISTRATION SEMESTER SEPTEMBER / 2014 BBPP 1103 PRINCIPLE OF MANAGEMENT MATRICULATION NO. : IDENTITY NO. : TELEPHONE NO. : EMAIL : LEARNING CENTRE : TABLE OF CONTENTS Topics Pages 1.0 INTRODUCTION…………………………………………………………….….. 3 2.0 TYPES OF ORGANIZATION STRUCTURE………...………………….……. 5 2.1 Functional Structure……………………………………………………………...… 6 2.2 Geographical Structure………………………………………………………....… 11 2.3 Matrix Structure………………………………………………………………....... 14 2.4 Product
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powers by training. The company focuses on balancing between local hiring and international hiring to rise the probability of getting talented and hard workers. Chapter 2: 1. Mr.Hamdoun is a big advocate of efficiency. How might principles of scientific management be useful to LCB? - two of the three scientific methods are the most useful to Mr.Hamdoun. 1. Putting the right person on the job with the correct tools and equipment. 2. Having a standardized method of doing the job. 2
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2. Explain the Principles of Management. Management: Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and
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Principle of Management - Griffin --------------------------------- Chapter 6 case summary: Bill Ford took over Ford Motors in 2001 as the CEO‚ when the company was struggling with falling sales around the world – in a time when the company desperately needed careful planning and their execution. Bill Ford revised and updated the company’s tactical plans – cutting costs‚ gaining back the experienced staff‚ catering to specific market niches and more. Some of these targets have been
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Management Principles 1.1 Dell’s initial mistake was moving away from being customer-service orientated‚ to focusing on generating more profit by cutting costs. They did not consider the impact this move would have on their customers and their market share. It produced negative results. The Internal Environment was affected in the following ways: Insufficient skills or training in the call centre‚ resulted in slower turn-around time to resolve or react to customer queries. The uncertain
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