Premium Essay

Assignment on Management Thought

In:

Submitted By masum123
Words 1253
Pages 6
Early management Writers
Chapter- 4

Compared with the two preceding centuries, the 1800s brought forth a veritable wealth of literature on management. Economists perceived of and wrote about managerial concepts, the functions of management, and the applications of management theory.

Samuel P Newman wrote in 1835, needed to constitute a good undertaker, a combination of qualities, rarely found united in the same individual. He should possess an unusual share of foresight and calculation, that his plans may be well laid. He must also exhibit perseverance and consistency of purpose in carrying his plans into execution. This is assuredly an impressive set of qualifications to add to Adam Smith’s simple list of “order, economy, and attention”. J.S. Mill adds two important qualifications to the list: Fidelity and zeal. Moving into the concepts of management, many of the economists of this period distinguished between the functions of a manager and the functions of the organizations. Most of the writers write about functions of a manager. Turgot was concerned with direction and control, Bowker felt that organizing and directing were a manager’s chief functions. Of all these writers, Neman alone appeared to have the sharpest focus when he wrote that a manager’s functions are “planning, arranging, and conducting the different processes of production.

Actually time and motion study was researched by Adam Smith in his Wealth of Nations. The economists of this period were apparently split on the subject of whether ownership and management could successfully be separated. Adam Smith assures us that it was common in his day.

Managerial Functions and Principles: of the five generally recognized functions of management several economists seem to consider planning the most important, Marshall among them, Laughlin gives the reasoning behind this when he says: he who

Similar Documents

Premium Essay

Recruitment and Selection Practices

...THOUGHT PAPER – INDIVIDUAL ASSIGNMENT 1 Critical Analysis of Recruitment and Selection Policies at Telecoms Jamaica Limited Dwight S. Williams ID: 20122939 Managing Human Resources (HRM609) Due Date: April 16th, 2013 College of Graduate Studies University College of the Caribbean Worthington Avenue Campus THOUGHT PAPER – INDIVIDUAL ASSIGNMENT Abstract This paper examines the recruitment and selection policies and practices at Telecoms Jamaica 2 Limited. It provides an overview of the organization in terms of its size, type of operations, types of employees, etc. A critical analysis of the existing policies and practices is provided along with recommendations to address the observed deficiencies in the practices and policies. Justifications for the recommendations are also provided along with some expected benefits to be derived from implementing these recommendations. Various challenges may arise even after implementing the recommendations so risk mitigating actions are also suggested. 2 THOUGHT PAPER – INDIVIDUAL ASSIGNMENT 3 Critical Analysis of Recruitment and Selection Policies at a Telecommunications Company Introduction Recruitment and selection of workers and management in a company are two of the most critical processes to the success of a business and should be integral in its business strategy. It can be quite challenging to determine from a pool of candidates which one will be the best fit in an organization’s culture. It becomes...

Words: 2846 - Pages: 12

Free Essay

Human Resources

...HRMD 620 1Overview Spring 2012   Agenda * Orientation * Definition * Relevance * Framework for HRMD 620 * Model for labor relations * Evaluating labor relations * Assignments Orientation Hello.  This is our first stop on the semester long tour of Employee and Labor Relations.  By now, you should have reviewed the Read Me First document, Read Me Second document, Syllabus and Course Schedule. You should have completed the Getting Started tasks in the Read Me Second document, which includes your introduction in the “Student Introductions” conference. I wouldn’t be surprised if some of you have already started reading ahead, too.  (That isn’t a bad idea since this course includes lots of material—both in the textbooks and through assignments.) Finally, if you haven’t already, please be sure to read the Research Paper Instructions in the Course Content area. You will need to do that in order to complete the Week 1 assignment. Today, we need to orient ourselves by looking at several basic questions: ·        What is labor relations and what does it strive to accomplish? ·        Why do we care? ·        How did labor unions come into being? ·        Are labor unions effective? What is the first thing you think of when you hear the term “labor relations?” I would venture to bet that some of the plausible responses would be: * labor unions * strikes * collective bargaining * protesters * conflict The aforementioned...

Words: 2607 - Pages: 11

Premium Essay

Notes

...Business and Management Limited Assignment Session: 2012- 2013 Edexcel BTEC Level 4 HNC Business Unit 1 Assignment: Business Environment Assignment Introduction The assignment is aimed at providing you with an understanding of different organisations, the influence of stakeholders and the relationship between businesses and the local, national and global environments. Learning outcomes On successful completion of this assignment you will be able to: 1 Understand the organisational purposes of businesses 2 Understand the nature of the national environment in which businesses operate 3 Understand the behaviour of organisations in their market environment 4 Be able to assess the significance of the global factors that shape national business activities. Assignment Focusing on a work role, previous work experience or a voluntary work position, using examples from your own workplace experiences where possible, and drawing on your studies of this subject, please answer ALL four sections below. Deadline for Submission: Please see your time table Please answer ALL four sections: Section 1 Word Length: Approx. 1500 words Understanding the organisational purposes of businesses You will need to:    identify the purposes of different types of organisation describe the extent to which an organisation meets the objectives of different stakeholders explain the responsibilities of an organisation and strategies employed to meet them Brighton School of Business and Management Limited ...

Words: 1159 - Pages: 5

Free Essay

Management and Leadership

...Program: Business Management Module: BSP4005 Research Methods 1 Assignment Assignment Title: Research Methods. Assignment Hand out date: Friday 28th March 2016 Marking Scheme included |STUDENT NAME: |PROGRAMME: | |STUDENT NUMBER: |YEAR: 2015 -2016 |GROUP: Level 4 | |Module Number: BSP4005 |Term: Semester 2 |Module Title: Research Methods 1 | |Tutor Responsible For Marking This Assignment: Abdelkader Abbou | |Module Leader: Abdelkader Abbou | |Assignment Hand Out Date: 28th March 2016 |Hand In Date: 29th April 2016 before 5:00 pm | |ASSIGNMENT TITLE: Research Methods 50% of overall grade) | |FEEDBACK DATE (Return of assignments to students): One...

Words: 1252 - Pages: 6

Premium Essay

Health Care

...Template Pre-requisite: Prior to working on this assignment, complete Unit 2 studies, discussions, and assignment. In addition, review the Unit 3 studies. Upon completing Unit 2, the next step in the research paper is to revise your research paper’s healthcare management-related topic and problem statement. As you compose this assignment avoid performing research and using citations. Internet research is not needed because you are sharing your thoughts and not those of another author. The six parts of the critical thinking process provided as a Resource will guide you to be successful in completing the assignment. Use this template by completing Section 1, Section 2, and Section 3, which will guide the composition needed for your assignment. Have fun and be sure to submit by Sunday of week 3 to assure you can then be successful with Unit 4’s course work. Note that this topic and problem statement will be the focus of your research worksheet for Unit 3 and Unit 4 discussions. | Name |Date Completed | | Siobahan Booker | 10/3/2012 | Section 1: Compose your chosen research paper topic using descriptive words. Suggested length is 6-12 words. Avoid pronouns. |Research Paper’s Healthcare Management-Related |Making health insurance affordable and allowing...

Words: 909 - Pages: 4

Premium Essay

Human Resource Management

...Award: Module Title: Assignment Title: International Advanced Diploma in Business HR Management Unifit Examination Cycle: December 2008 Candidate Name: NCC Education Candidate No: Submission Date: Important Notes: Plagiarism – using the thoughts or writings of others as though they were your own without acknowledgment – is an offence. It is your responsibility to familiarise yourself with the NCC Education Academic Dishonesty and Plagiarism Policy. Any thoughts, ideas or quotations which don’t belong to you must be fully attributed to their sources using the appropriate in-text citation and a bibliography as described in the Harvard Referencing System. Authors’ work that is used in your assignment and not referenced is plagiarism. At diploma level work omitting either citations or bibliography will be limited to a maximum 50 %; at advanced diploma level to a maximum 45%; at Honours and PgD level to a fail. You must complete the ‘Statement and Confirmation of Own Work’ found at the back of every NCC Education assignment. You must attach the signed and completed form to your assignment. If you gain an unfair advantage or collude in any way whatsoever (other than on joint assignments) you are liable to be disqualified. Cheating is an offence. You could lose marks if you exceed the recommended word count by more than 10%. A digital copy as well as a paper copy must be submitted (on disk or similarly acceptable medium). Media containing viruses, or media which cannot be run...

Words: 1531 - Pages: 7

Free Essay

Fdi and Asda

...MSc Management with Streams Strategy Assessment Brief Due: 4pm, 29 April 2014 Page 1 of 8 1. Background Information The purpose of this assignment is to give you an opportunity to present your understanding of the concepts in strategy, to identify and appreciate the challenges strategists face in real-life situations and to apply different frameworks and tools in order to analyse the strategic positions of a firm in an industry or market. A direct outcome of this last part is to demonstrate that you can diagnose any challenges or gaps that this firm can pursue or fill and, therefore, you can recommend alternative strategies. Instructions: 1. Pick a company you find interesting in any industry, market or country you like. Make sure that you choose a firm that meets the following criteria: a. It is not very small (10+ employees) b. It generates revenue of a few hundreds thousands pounds or equivalent (£100,000+ revenue) c. you can find enough information about it The last criterion is very important as your assignment is heavily based on the information you can collect and the level of accessibility you can get for this information 2. Read as much material as you can find about this firm. Try to understand the business, the strategies it follows and the challenges it faces in that industry 3. Then, proceed with the assignment questions 2. Assignment Questions You are a management consultant and you have been asked by the Board of Directors of your employer to prepare...

Words: 2133 - Pages: 9

Premium Essay

Labor Unions: Necessary or Not?

...SSC-105 Syllabus Course Outline and Assessments Academic weeks begin on the day of the class meeting and end at 11:55 PM Arizona Time the day before the following class meeting. All Class Readings and Assignments are due by the end of the specified academic week. All assignments must be submitted by the final night of class. Week One In-Class or Alternate Participation Discussion Question and Participation Assignment: Creating and Saving an APA Format Document Week Two In-Class or Alternate Participation Discussion Question and Participation Assignment: Common Knowledge Assignment: Scavenger Hunt Week Three In-Class or Alternate Participation Discussion Question and Participation Assignment: Writing One 1 4 10 1 4 5 5 1 4 4 Week Four In-Class or Alternate Participation Discussion Question and Participation Assignment: Grammar 1 4 10 Week Five In-Class or Alternate Participation Discussion Question and Participation Assignment: Excel Budget Assignment: Math Week Six In-Class or Alternate Participation Discussion Question and Participation Assignment: Writing Two Week Seven In-Class or Alternate Participation Discussion Question and Participation Assignment: Plagiarism and APA Format Week Eight In Class or Alternate Participation Assignment: Final Presentation Point Total 1 5 100 1 4 5 1 4 10 1 4 5 5 Week One This week’s topic is: • Opening Doors to Success This week’s activities support the following course learning outcomes: • Examine the importance of continuing...

Words: 2360 - Pages: 10

Free Essay

Accounting

...[pic] Cardiff School of ManAgement ____________________________________________________________ Module Name: Accounting For Decision Makers Module No: __ MBA 7001 Assignment Weightage: 50% Submission Date: 13 May 2016 The aim of this assignment is to enable students to apply the knowledge and skills of analysing and interpreting financial statements acquired from the Accounting for Decision Makers module in to a real-life public listed company. Learning Objectives: 1. To allow students to synthesise and integrate the principles and theories of accounting, together with strategic management in assessing the profile and development of an organisation. 2. To critically analyse and evaluate an organisation’s performance through the interpretation of financial statements. 3. To be able to make imaginative and constructive decisions based on the analysis of the organisation. Required: The analysis and interpretation of a company’s financial performance and position would first require the use of financial ratios to examine the various financial aspects of the company. A comparison of the financial ratios over time would enable the management to take appropriate actions in dealing with the issues and challenges of the business. Select a public listed company in Singapore from company’s website (under the investor relations heading) and obtain the most recent set of its annual report within the previous twelve months. You should also take...

Words: 1001 - Pages: 5

Premium Essay

Law and Corporate

...Law, Ethics, and Corporate Governance – LEG 500 | 201003 | Prerequisite: None | Quarter | Winter 2010 | Meeting Days/Time | Online course | Instructor | Dr. C. Phil Campos, MBA, JD | Instructor Phone | 214-202-8044 | Instructor E-mail | canuto.campos@strayer.edu | Instructor Office Hours/Location | 6pm – 7pm EST | Academic Office Phone NumberStrayer Online Technical SupportEcollege HelpDesk | 1-877-540-1733“As a student, you should choose 1 then 3 for academic issues from the automated menu.”1-877-642-2999“Used for problems entering the class”1-866-448-6703 or 1-303-873-0005“Used for problems once in the class” | INSTRUCTIONAL MATERIAL | Kubasek, N. K., Brennan, B. A., & Browne, N. (2009).  The legal environment of business: A critical thinking approach (5th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010).  Business ethics: Ethical decision making and cases (7th ed.). Boston: Houghton Mifflin Company/South-Western/Cengage Learning.PLEASE READ SYLLABUS PART II in the Course Home tab, it contains important University policies.GETTING TECHNICAL HELPTechnical questions regarding eCollege or classroom issues should be referred to helpdesk@strayeronline.net. Or you may phone the helpdesk at 1(866)448-6703.If the question regards a Strayer system, technical support can be reached at 1(877) 642-2999. Any technical inquiries sent to the instructor will, as a matter of course, be forwarded to the Helpdesk...

Words: 5313 - Pages: 22

Free Essay

Managing

...| SUBJECT NAME : | Managing, leading, stewardship | | SUBJECT NUMBER : | 21937 | | Subject Co-ordinators lecturerstutors | Dr. Walter Jarvis Dr. Natalia Nikolova Dr. Stephen Wearing Management Discipline Group UTS B-School Dr. Walter Jarvis Dr. Natalia Nikolova tba | SUBJECT PRECIS An understanding of managing, leading and stewardship is foundational to the development of students as responsible and accountable leaders, managers, followers and stewards. This subject aims to prepare students to meet profession-like objectives and how to guide others to meet collective responsibility in morally challenging situations. To do so, the subject develops the concept of stewardship to help leaders to better understand how to promote and sustain the symbiotic integrity of business and society, i.e. where business serves society's needs for not just products and services but in ways that earn public trust and respect. The approach taken in the subject delivery and associated assignments is to encourage students to recognise the place of business in society and to cultivate a personal commitment toward earning and sustaining public trust in consideration of others in their business judgments and decision-making. SUBJECT PRECIS An understanding of managing, leading and stewardship is foundational to the development of students as responsible and accountable leaders, managers, followers and stewards. This subject aims to prepare students to meet profession-like...

Words: 5552 - Pages: 23

Free Essay

Capstone Project

...FOUNDATIONS OF BUSINESS THOUGHT Business 1050 – 005 #5947 Fall 2015 Monday Professor: W. Tim Miller Email: wtmiller@echelon-inc.com Text: Foundations of Business Thought, 1st edition, Boardman, Sandomir and Sondak (Gray cover) Outlines, notes, syllabus, handouts, etc., all be handled through Canvas. Bus1050, section 005, will meet Mondays a full 3 hours from 6:00 PM until 9:00 PM in SFEBB 160. We will use Canvas exclusively in this class for syllabus, handouts, notes, etc. Be familiar with Canvas. Foundations of Business Thought will introduce the student to the cultural, historical and philosophical thought surrounding the issues of business and commerce throughout the ages. By examining the words of great authors, we will get a sense of the timeless nature of business and make the observation that the issues currently facing individuals and business have their origins in writings centuries old and from a wide array of cultural and geographic underpinnings. A brief historical trace will be made to connect us to those businessmen and women who pursued many of the same goals we do today. The course will be divided into three semester sections with six functional areas, each followed by an Exam. A lecture outline is posted to Canvas in the week that section is started. Section 1: A. The Fundamentals of Business - We will read many of the classics of literature and philosophy to discern the authors' beliefs about business fundamentals and, in the...

Words: 3371 - Pages: 14

Premium Essay

Unit 5 Individual Research Paper

...This paper will be written according to APA format and be carefully referenced with 8-10 academic references. Note that this is a research paper where you are being asked to avoid all first-person pronouns and personal opinion. Your abstract will be included in your page count. The purpose of this paper is to take a human resource management topic or issue and do an in-depth review of the current literature on this topic. This is a library research paper and you must use at least 8-10 different credible sources, not including textbooks. Before your conclusion, you must have a section entitled either “Recommendations for Managers” or “Implications for Managers” where you explain the significance of what you have found for practicing managers. Be sure to use credible published sources and only reliable Internet websites. Reference your paper very carefully and tightly. Some examples of appropriate source journals include (among others) HR Magazine, Academy of Management Perspectives, Personnel Journal, Fortune, SAM, Advanced Management Journal, Journal of Management, HR Focus, Human Resource Development Quarterly, The Journal of Applied Management and Entrepreneurship, The Journal of Leadership Studies, and Organizational Dynamics. Appearance, punctuation, grammar, neatness, and spelling count. This is to be a professional paper to receive full credit. This paper should have an introduction, body, conclusion, and reference section. This paper should also have appropriate headings...

Words: 1234 - Pages: 5

Premium Essay

Unit 5 Individual Research Paper Click Link Below to Buy: Http: //Hwcampus.Com/Shop/Unit-5-Individual-Research-Paper/ the Research Paper Will Be 8-10, Double-Spaced Pages in Length, Not Including Cover Page, Appendices,

...This paper will be written according to APA format and be carefully referenced with 8-10 academic references. Note that this is a research paper where you are being asked to avoid all first-person pronouns and personal opinion. Your abstract will be included in your page count. The purpose of this paper is to take a human resource management topic or issue and do an in-depth review of the current literature on this topic. This is a library research paper and you must use at least 8-10 different credible sources, not including textbooks. Before your conclusion, you must have a section entitled either “Recommendations for Managers” or “Implications for Managers” where you explain the significance of what you have found for practicing managers. Be sure to use credible published sources and only reliable Internet websites. Reference your paper very carefully and tightly. Some examples of appropriate source journals include (among others) HR Magazine, Academy of Management Perspectives, Personnel Journal, Fortune, SAM, Advanced Management Journal, Journal of Management, HR Focus, Human Resource Development Quarterly, The Journal of Applied Management and Entrepreneurship, The Journal of Leadership Studies, and Organizational Dynamics. Appearance, punctuation, grammar, neatness, and spelling count. This is to be a professional paper to receive full credit. This paper should have an introduction, body, conclusion, and reference section. This paper should also have appropriate headings...

Words: 1234 - Pages: 5

Premium Essay

Abstract

...Subject: Application for accepting assignment paper Dear Sir, I have the pleasure to submit here with the term paper on “Contemporary issues of management accounting” as requirement for the course code ACT201, based on studying and discussions; I have incorporated the necessary materials to finalize the assignment paper. I also acknowledge my gratitude to those persons who have helped me and passed their valuable comments on the draft of the assignment paper. If you need any assistance in interpreting this term paper, please contact me at any time. Sincerely yours, [ ] Nayeemul Bari ID- 2008-3-10-130 Department of Business Administration East West University Acknowledgements All praise to Almighty Allah. Firstly I would like to thank almighty Allah for helping us all the way and after that I would like to thank our parents for their love, care and support which is always my strength. I would like to thank some more people who make my way easy for making this assignment paper. Grateful acknowledgements are due to our “ACT201” Instructor A.K.M. Anisuzzaman, for whom I was able to complete my assignment. His support, excellent guidance and interests inspired me doing this assignment. He is very insightful and leaded me to achieve my desired result. Lastly, I would like to thank East West University for offering such a course that assign us such assignment; those enlighten us with the knowledge...

Words: 487 - Pages: 2