Four Basic Functions of Management By LaToyeM1‚june 2008 | 3 Pages (642 Words) | 12694 Views List and explain the four basic functions of management and provide an example of how a manager would use each function in their work. In order to be a good and effective manager one must possess four basic characteristics. He or she must be able to plan‚ be organized‚ have good leadership skills‚ and have control of their work environment. Management is explained by Robbins & Coulter (2007)‚ as someone
Premium Management
Sir‚ To understand how the Basic Industries has achieved its return on equity over the past ten years‚ I have prepared Du Pont Analysis (Exhibit I). Return on Equity (without minority interest) has declined from 16.04% in 1985 to 17.47% in 1994. The main reason for the decline seems to be fall in Return on assets from 8.26% in 1985 to 6.87% in 1994. Therefore‚ Basic Industries has not been able to utilize its assets properly to produce its earnings. The fall in Return on Asset has been to an extent
Premium Financial ratios
placement of item in order to make it successful. Marketing strategies must feature customer orientation‚ input‚ and accessibility in the fight to the top of the market. McDonald’s is no different. An example of this is illustrated with a comparison of McDonalds and Wendy’s. At first glance‚ they may appear to have roughly the same marketing mix and target markets. Both are fast food and provide similar products. However‚ looking closer‚ one can recognize that McDonald’s primary target market is children
Premium Marketing Happy Meal Hamburger
McDonald Sri Lanka is governed by the Head Office in USA who has total control on all activities in Sri Lanka. Everything from menus to promotions is directed from the US Head Office. Parameters they look at before entering a market include : The fast food culture itself was looked into. That is Mc Donald’s saw that KFC and Pizza Hut were already established in Sri Lanka Way they chose a franchisee are: Mc Donald’s requested for applications and financial stability was looked into. One of
Premium Asia Pizza Hut South Asia
Centre Number For Examiner’s Use Candidate Number Surname Other Names Examiner’s Initials Candidate Signature Question General Certificate of Education Advanced Subsidiary Examination January 2010 Business Studies Unit 2 Mark 1 2 BUSS2 TOTAL Managing a Business Thursday 21 January 2010 1.30 pm to 3.00 pm For this paper you must have: a calculator. Time allowed 1 hour 30 minutes Instructions Use black ink or black ball-point pen. Fill in the
Premium Question
Conceiving a Child for the Wrong Purposes It is wrong to conceive a child for the purposes of saving another. There are cases in which parents only conceive a child to save the life of another. It is unfair to the child conceived because it was not made out of love. The child was conceived for instrumental reasons. In a case presentation called “A Birth to Save a Life” there are several focal points that discussed the arguments of conceiving a child for the wrong purposes. The movie My
Premium Parent In vitro fertilisation Family
Hume and Locke’s conflicting views on the existence of personal identity stem from a fundamental disagreement in regard to memory. According to Hume we have an impermanent personal identity as a result of our constantly changing stream of perceptions. These mental experiences are usually triggered by impressions‚ or perceptions that involve a sense experience. These constantly changing streams of perception form the false identity. On the other hand John Locke proposes this concept that says X
Premium Psychology John Locke Mind
5S Essential in the Lean Manufacturing Structure is The "5S" Philosophy [pic] Seiri Seiton Seiso Seiketsu Shitsuke [pic] The use of the 5S’s in our Kaizen Workshops is a basic part of the process. This is the finest piece of easy information about this subject that I have ever seen. The 5"S"s are explained here as a very simplified but thorough and feasible process. I am sure that you will find it excellent! Thank you Todd. Enrique Mora [pic] Anyone who has recently
Premium Kaizen Lean manufacturing
marble arch in London? Suzhou’s Gate of the Orient? Wrong! Surely‚ the most famous arch in the world is the beautiful golden arch of the McDonald’s ‘M’! McDonald’s was founded in the United States of America in 1940 when brothers Richard and Maurice McDonald stated a humble barbecue restaurant. In that short space of time this small-town BBQ joint has taken over the world: now McDonald’s serves around 68 million customers daily in 119 different countries. That’s almost every country in the world! The
Premium Nutrition Food Restaurant
Danh Pham Professor Redfield research paper Art 106 December 16‚ 2012 The Museum of Modern Art The Museum of Modern Art is one of the most important museums‚ which connects the old fashion museum to modern museum through many photographs‚ paintings‚ films‚ sculptures‚ and architectures. It is located at New York City‚ United State‚ and now it contains library and famous restaurant there. Entering the museum‚ I first realized that the lightness of the room because of the
Premium Museum of Modern Art