[10] ANS: Controlling as a Management Function l Controlling • A process of monitoring performance and taking action to ensure desired results. • It sees to it that the right things happen‚ in the right ways‚ and at the right time. • Done well‚ it ensures that the overall directions of individuals and groups are consistent with short and long range plans. • It helps ensure that objectives and accomplishments are consistent with one another throughout an organization. • It helps maintain compliance
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SECTION B: (75 marks) Answer THREE (3) out of four (4) questions. Question 2 (a) Identify and explain FIVE (5) roles of Henry Mintzberg’s managerial roles. (15 marks) (b) Describe the following terms: i. Centralisation (2 marks) ii. Span of control (2 marks) iii. Work specialisation (2 marks) iv. Formalisation (2 marks) v. Chain of command (2 marks)
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MGT 330 : Management for Organizations My job description for Starbucks would encompass a bit of the company’s history‚ as well as details of what the job responsibilities are. In doing so‚ this provides a potential employee with some knowledge of the company‚ an understanding of the mission statement‚ as well as what their responsibilities would entail. Below is a sample of how my job description for Starbucks would read. The Starbucks Corporation is an international coffee company
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Organization and Management of Panera Bread The formation of Panera Bread began in 1978 when Louis Kane bought Au Bon Pain‚ a retail producer of baked goods. Kane changed it to a wholesale business by opening two cafes and staffing them with bakers and employees‚ but high production costs made it impossible to cover his overhead. In 1981 Kane decided to remain responsible for site selection and financing‚ but he chose Robert Shaich to help turn the company around as President of internal operations
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Cultural influence on management of organizations 1. Introduction As businesses and firms grow in size‚ they are crossing borders and becoming multi-national companies. When the firms cross borders‚ several management strategies need to be aligned in accordance with the cross-cultural needs. This assignment will examine two famous multi-national companies on their application of cultural aspects and analyze how successfully they have applied those aspects and reasons for their success. Before
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“Both management and leadership are needed to make teams and organisations successful. Trying to decide which is more important is like trying to decide whether the right or left wing is more important to an airplane’s flight. I’ll take both please!” (Clemmer‚ 2005‚ as cited in McLean‚ 2005‚ p.16). The aim of this essay is to answer the age old question as to whether management or leadership is more important to an organisation. Organisations‚ ranging from professional to social‚ have been in existence
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Abstract This paper is about “Coca-Cola” company which produces and manufactures soft drinks‚ and this product is well known all around the world for many decades. The materials used to get the information about the company are from the internet‚ newspaper and the bottle itself. The paper will speak about how the product came to the final result as an output and what does it take to manufacture it. INTRODUCTION Coca-Cola is the most popular and biggest-selling soft drink in history
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Management in Ancient Egypt Ancient Egypt was a greate state with all its associations‚ like army‚ and with all functions‚ like religion‚ production‚ trade. They have constructed huge buildings like pyramids‚ water channels‚ that they stil are being discussed how they have been built. For all these achivements they need to be organised and managed. In this paper‚ the management of ancient Egyptians are being discussed. Birth of Ancient Egypt Civilisation The climate in Egypt has nearly same
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Meaning of Financial Management Financial Management means planning‚ organizing‚ directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Scope/Elements Investment decisions includes investment in fixed assets (called as capital budgeting). Investment in current assets are also a part of investment decisions called as working capital decisions.
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enough attention to purpose as distinct from core values and we under-emphasized its importance. Pushed to choose between core purpose and core values‚ we would likely choose core purpose as the more important of the two for guiding and inspiring an organization. It is also more difficult to identify than core values. The BHAG is about having a goal which qualifies the purpose Vivid description‚ the second component of envisioned future‚ is a vibrant‚ engaging‚ and specific description of what it
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