MANAGEMENT AND ORGANIZATIONS 2024

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MANAGEMENT AND ORGANIZATIONS 2024

-Is the process of making things done through other people that  means management involves setting objectives for the firm and Supervise the Implementation of those objects.
                                                               

OBJECTIVES OF MANAGEMENT 

  • Keep customers satisfied with goods and services
  • Supplying services on time
  • To achieve the organizational goals
  • Organization goods into minimizing costs and maximizing profit
  • To achieve good relations between suppliers and customers
  • Sell the production at a reasonable price
  • To achieve better utilization of resources

PRINCIPLES OF MANAGEMENT 

  1. Sound policy 

The policy should be stable as well as flexible enough to meet changing conditions in management

     2. Scientific approach 

A correct analysis of the situation should be during problem solving. Decisions of action taken is in a accordance with the careful procedure during decision making

     3. Management of effectiveness

Do the right thing at the right time

     4. Division of labour and specialization 

Classification of work according to the labour skills knowledge

     5. Unit of strength 

Joint the labour effort, team work together

     6. Measure of activeness

     7. Discipline and remuneration

     8. Authority for responsibility

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FUNCTIONS OF MANAGEMENT 

  1. Planning
  2. Organization
  3. Staffing
  4. Direction
  5. Control

PLANNING 

An act of thinking what to do how to do and what will happen when it is done

Is therefore casting the future demand in the organization so as to meet the objectives.

Importance of planning 

  1. To establish good aim objectives of the organization (setting the organization)
  2. To coordinate activities so as to meet organizational goals
  3. To reduce the gap between objectives and performance
  4. Gives the time to evaluate measures to the performance of the organization
  5. Gives direction of the future activities of the organization
  6. Provide security management and workers because of guide  (policy formation)

ORGANIZATION 

Is the process of dividing tasks into a management unity division of labour.

An Organization Chart

General management 

  • Productive market
  • Manage management
  • Chief of accounting

IMPORTANCE OF ORGANIZATION

  1. Better use of resources

It increases the capability of initiation of resources efficiency and effective.

     2. Get new technology

Technology increase due to employing labour according to their skills (innovation)

     3. Facilitates coordination and communication

It facilitates creation of clear relationship among positions

STAFFING

Involves the determination of main power requirements organization by following with qualified people. It deals with employment, recruitment, training, promotion, demotion and retiring

IMPORTANCE OF STAFFING 

  1. Recognition and competent state

Effective staff facilities motivating workers

     2. Payment of salary

According to the employee skill use of revenue

     3. Increase in the size of the organization

The size of the organization increase because of employee qualified people

     4. Determination of manpower equipment

The addition of adding number of labour can be measured by determining the production process.

5.Establishing of relationship creating good relationship without side companies

6.Delegation of authority classification of work in small part department each should be supervised by one person according to the knowledge.

7.Identification and grouping work

8.Classification of workers according to their skills

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