Management Homework Help
Basically, management is the process of coordinating or controlling different resources that are available in efforts to achieve a specific goal or objective. This is a very interesting field of study as graduates can work in almost all sectors of the economy as every sector needs some form of management in order for it to meet the predetermined objectives. It is worth to note that this field is somewhat broad and pursuing it can be very taxing. It is for this reason that majority of students pursuing it end up looking for management homework help. Looking for such assistance is not a bad idea as professional tutors can guide you in coming up with high quality work. It is however worth to make sure that you order for such help from a legit online writing company. You might be happy to know that we have genuine management homework writers.
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Functions of management
Planning is the manager’s ability to map out an action plan that is oriented towards attaining certain organizational goals. It entails identifying an objective, recognizing the efforts and actions that will lead to the desired goal and making a plan on how to actualize them. Planning incorporates internal factors such as a change in workforce patterns, decentralization, and complex organizational structure. It also focuses on external factors like government regulation, inflation, and unstable political environments. Planning helps prepare for the future and identify where present actions are leading to. It also aids in decision making. Planning helps managers rectify any setbacks that are likely to bring about losses to the organization.
Organizing is an important function of management that involves bringing together all the resources required to achieve organizational goals. These include human, financial and physical resources. It focuses on identifying activities that need to be done. Forming an authority structure or governing body to run the organization and breaking it down to form smaller subdivisions that will enable the division of labor. The subdivisions should be structured and directed in a way that enhances coherence to attain desired goals. It also includes assigning and delegating duties and creating a sense of responsibility in the workforce.
Commanding is the process of giving clear orders, instructions, and goals to the employees. This helps them understand the vision and the objective of the company and how to actualize it. Good communication skills both verbal and nonverbal and integrity are essential in management. Good communication skills maximize the productivity of the workforce through the provision of clear guidelines. Managers should guide and motivate workers. They should provide coaching and training when necessary. Managers should also perform regular audits to improve their communication skills based on the feedback.
Coordination is a function of management that unites various groups, department or sectors in an organization to help achieve organizational goals. It also handles matters of timing and sequencing activities. It helps in prioritizing activities from the most essential to the least important. Coordination focuses on coordinating all the other functions of management to ensure the smooth running of an organization. It also aims at stimulating positive behaviors among the employees. Positive behaviors among people foster good relationships and make it easy for the organization to achieve its goals. This brings about motivation and discipline within various departments.
Controlling is closely related to planning. After planning and identifying the various actions that should be undertaken. The next step is to set standards to ensure all the planned activities are fulfilled. Every performance should be tested against the standards of performance to check whether they abide by the set goals and objectives. In case anything is not progressing as planned. Correctional measures should be put in place immediately to rectify the situation. Controlling is monitoring activities to ensure they align with the action plan. An efficient system is necessary as it helps identify anything that goes wrong before it happens. This ensures a quick response to situations or actions that need to be corrected.
Supply chain management /operations management
Supply chain management is the management of the flow of goods and services. It focuses on the sourcing of raw materials, production, and distribution of goods to the final customer. Supply chain management aids in streamlining the business and minimizing costs to maximize profits. It mainly focuses on making supply more effective to increase customer value and gain a competitive advantage in the market.
Human resource management
Human resource management is the effective management of people to achieve organizational goals. It includes recruitment, training and development, appraisal performance and rewarding of the employees. There are two branches of human resource management; operative and managerial functions. Operative functions deal with recruitment, training, and development, the establishment of good relationships and record-keeping. Managerial functions deal with planning, organizing, directing and controlling. Human resource management seeks to match personnel with the required skills to the right job to optimize productivity.
Organizational behavior is the study of how individuals and groups behave and the effects of those behaviors on communication, leadership, and motivation of the organization. Organizational behavior aims at improving job performance and satisfaction, enhancing innovation and promoting leadership. It also aims at reorganizing groups for better results. The study of human behavior is categorized into three groups; an individual which is also known as micro-level, workgroups, and overall organizational behavior also known as macro level.
Leadership is the ability to manage and lead people. It also includes guiding, training, problem-solving and conflict resolution. A leader understands the vision and objectives of the organization. He should, therefore, possess good communication skills so that he can effectively pass the instructions, goals, and orders to the subordinates. Good leadership skills are essential for the company’s success. A leader should be confident, intelligent and honest. He should motivate and lead the employees effectively.
Business law and ethics in management
Business law is a branch of the law that focuses on businesses and corporations. It governs how the business should relate with customers, and employees. It also tackles issues such as taxation, contracts, and business formation. Ethics is the moral standards of an organization, they govern how people in the organization behave and how the organization associates with its stakeholders. Social corporate responsibility is part of ethics, it seeks common good between the society and the organization.
Management of information technology
Management of information technologies is the management of information technology, both software and hardware that aid in achieving organizational goals. It includes managing resources such as data, computers, and staff working in the information technology department. Management information technology also handles issues such as network planning, change management, technological support, and software development. It budgets and organizes the information technology sector.
Management information system
The management information system is a computer system that manages information about the company. It gathers information keyed in by various departments analyzes it and provides data that is crucial in decision making. Managers use this information to develop policies and strategies that will improve the business. The information systems contain data from departments such as finance, sales, marketing, inventory, and customer care.
Strategic management is the planning, monitoring and analyzing what is needed for the company to achieve its objectives. It includes setting rules and regulations. Strategic management helps gain a competitive advantage in the market. It includes an analysis of the internal and external surroundings of the business and figuring out possible challenges and how to go about them. It also includes the formation and execution of action plans and measuring performance.
Marketing management entails identifying the target market, determining prices and advertising to boost sales. It also includes identifying the goods and services customers are interested in and developing strategies on how to market them. The marketing management team conducts an intensive analysis of both the competitor’s strengths and weaknesses to realize the best ways to stay ahead of them.
Health care management
Health care management is the general oversight of a health care system. It is the management of hospitals and clinics. Health care managers manage health care institutions to ensure they are running efficiently daily. They handle matters such as budgeting and staffing. The manager seeks to achieve the health practitioner’s goals and those of society.
Management, leadership, and ethics treads
Management is the ability of an individual or an organization to coordinate employees, come up with strategies and utilize company resources to achieve organizational goals. Leadership is a skill that enables a person or a group of people to lead. Ethics is a moral principle that manages a person’s behavior. They determine what is wrong or right. Ethical management and leadership is the ability to use moral principles to govern an organization. It is highly essential and plays a significant role in ensuring the smooth running of an organization. Ethics affect leadership and management in several ways.
Impact of ethics to leadership and management
Ethical leadership and management enable leaders to not only respect employees but also promote mutual respect among employees themselves. Ethics enables leaders and managers to treat all the employees fairly without favoritism. This helps wipe out nepotism, tribalism, and corruption in business.
Protects the society
Ethical leadership and management are crucial as they uphold ethics and social responsibility. This means that the business protects society and employees from any harm that may be caused by the company. Social corporate responsibility seeks common gains for both the organization and the society. An organization with well-established ethical standards cannot pollute the environment as they will endanger the lives of those living in the surrounding.
Ethics in both leadership and management enhances the credibility of a company. It becomes popular for its good name and reputation. Most people would like to work there as it upholds the respect of human dignity and common gains for both the society and its workers. Customers are not worried about purchasing their products as they are certain that their goods meet the required standards, unlike immoral organizations that produce counterfeit goods.
Ethics in leadership and management also promotes unity between employees and employers. The employees trust the employers as they are certain that they are ethical and their decision-making methods are based on ethics, not selfish gains. This brings about cohesiveness in a company leading to better results.
Long term gains
Organizations that uphold ethical leadership and management are most likely to grow and get profit, in the long run, this is because of the mutual respect and unity between workers. Teamwork is essential in bringing about excellence. Ethical leadership also enhances trust between the organization and the customers. All this combined not only bring about financial stability but excellence due to synergy.
Ethics plays a pivotal role in both leadership and management. Apart from enhancing cooperation it also brings about long term gains, enhances social security, and promotes mutual respect and the organization’s credibility.