The different functions of management.

Different functions of Management: Management is the dynamic life giving element in every business. The primary job of a manager is to achieve the enterprise objectives. In order to achieve the enterprise objectives he co-ordinates various activities of various people. In fact, functions of manager are almost same as functions of management. They are listed bwlow:

Planning: (a) It is a process by which a manager anticipates the future and discovers alternative course of action open to him.

(b) Without proper planning, the activities of an enterprise may become confused, haphazard and ineffective.

Organising: (a) It is the process by which the structure and allocation of jobs is determined.

(b) It involves determining activities required to achieve the established company objectives, grouping of these activities logically so that these can be handled efficiently by subordinates, managers, etc.

(c) Organising means, organising people, materials, jobs, times, etc. and establishing a framework in which responsibilities can be defined and authorities are laid down.

Directing: (a) It is a process by which actual working of subordinates is guided towards common goal of the company.

(b) It involves issuing instructions to subordinates.

(d) For directing, the managers are required to have the qualities of leadership, communication, motivation and supervision.

The ten managerial roles identified by Mintzberg:

(A) Impersonal Roles:

1. The figurehead role (performing ceremonial and social duties as the organization's representative)

2. The leader role

3. The liaison role (particularly with outsiders)

(B) Informational Roles:

4. The recipients role (receiving information about the operation of an enterprise)

5. The dissiminator role (passing information to subordinates)

6. The spokesperson's role (transmitting information to those outside the organisation)

7. The enterpreneurial role

8. The disturbance handler role

9. The resource allocator role

10. The negotiator role (dealing with various persons and groups of persons)

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The factors which affect the location choices, both for manufacturing and services.

Factors influencing location: (i) PROXIMITY OF GOOD HIGHWAYS: The most frequent factor is quality of the highway system, particularly its relationship to markets, raw materials, and labour supply. The existance of excellent highways, such as the interstate superhighways, makes the suburbs, small communities and country as readily accessible as the cities. (ii) ACCESS TO A MAJOR AIRPORT: Every firm can function in a national market place using air transportation in one form or another. By using air transportation, sales people can reach customers rapidly to obtain raw materials on an emergency basis and delivery of finished goods to customers is also fast. (iii) LABOUR SUPPLY: A company cannot operate without employees, and the nature of the labour market should be investigated to ensure that an adequate supply of qualified employees is available in the area. It is necessary in some organisations that skilled craftsman be hired to fill all the positions, and is possible to locate ...

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