2. Management functions (Connect, Perform) While reviewing the latest production reports, Diego notices that the company...
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2. Management functions (Connect, Perform) While reviewing the latest production reports, Diego notices that the company is off of its production goal by 200 units. Diego uses to determine that the production shortage is due to an incorrect speed setting on a piece of machinery. After his company merged with another firm. Ayush used to determine how to combine departments and adust reporting relationships within the сompary. After a product quality test, Meena determines that the latest batch of pens are not meeting quality specificatiors. Meena will use the function to determine why the pens are not meeting specifications and how to fix the problem, The following diagram shows an overview of the management process. FiN in the two missing labels. Management Functions Select goals and ways to attain them Resources Performance - Human Attain goals - Financial Controlling Monitor activities and make corrections - Products Assign responsibility for task accomplishment - Services - Efficiency Effectiveness - Raw materials - Technological - Information Leading Use influence to motivate employees В. Example of managerial work Planning Organizing Leading Controlling At IBM'S Almaden Research Lab, Laura Haas allows scientists a free rein for research but stil checks to be sure that their inventions are adding to the company's bottom line. A marketing manager at Evian decides to work with BETC Euro RSCG, an advertising agency in France. The goal is to reduce the cost of advertising by creating a video that goes viral on YouTube. Taco Bell CEO, Brian Niccol, considers what the techrical and iogistical needs would be in order to offer delivery to customers. Blake Mycoskie, founder of Toms, encourages social entrepreneurship through the company's slogan "One for One. 2. Management functions (Connect, Perform) While reviewing the latest production reports, Diego notices that the company is off of its production goal by 200 units. Diego uses to determine that the production shortage is due to an incorrect speed setting on a piece of machinery. After his company merged with another firm. Ayush used to determine how to combine departments and adust reporting relationships within the сompary. After a product quality test, Meena determines that the latest batch of pens are not meeting quality specificatiors. Meena will use the function to determine why the pens are not meeting specifications and how to fix the problem, The following diagram shows an overview of the management process. FiN in the two missing labels. Management Functions Select goals and ways to attain them Resources Performance - Human Attain goals - Financial Controlling Monitor activities and make corrections - Products Assign responsibility for task accomplishment - Services - Efficiency Effectiveness - Raw materials - Technological - Information Leading Use influence to motivate employees В. Example of managerial work Planning Organizing Leading Controlling At IBM'S Almaden Research Lab, Laura Haas allows scientists a free rein for research but stil checks to be sure that their inventions are adding to the company's bottom line. A marketing manager at Evian decides to work with BETC Euro RSCG, an advertising agency in France. The goal is to reduce the cost of advertising by creating a video that goes viral on YouTube. Taco Bell CEO, Brian Niccol, considers what the techrical and iogistical needs would be in order to offer delivery to customers. Blake Mycoskie, founder of Toms, encourages social entrepreneurship through the company's slogan "One for One.
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Management functions of an organisation include Planning involves setting goals an... View the full answer
Related Book For
Introduction to Managerial Accounting
ISBN: 978-0078025792
7th edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
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