...External/Internal factors Paper University of Phoenix Mgt230/ Management, Theory and Practice Prof. Gabriel Medina 7 de febrero 2015 During this essay i will be presenting how the internal and external factor affect the function of Management such as planning, organizing, leading and controlling. Also how the managers can use delegation to manage the factors and function listed. The administration is the process of planning, organizing, leading and controlling the resources and the work activities to achieve goals and objectives efficiently and effectively. Planning is made a choice about the goals and mission of the company. Organization is to determine which tasks to do, which makes them and where decisions are taken. Direction is the fact influence people to contribute to meeting the goals of an organization. Controlling is to measure individual and organizational performance to ensure that the facts adhere to plans. Sometimes occur internal and external factors that may affect these four functions. This is called a Micro and Macro factors. The Micro are the internal factors of the company affecting management processes, production processes, degree of technological apprehension raw material costs, level of defective parts, and generally all internal relationships to the company that affect its competitiveness. The Macro is the external factors companies that affect its competitiveness, security, national infrastructure...
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...Internal and External Factors Latonia Parker MGT/230 April 13, 2015 Kensinger Internal and External Factors Planning, organizing, controlling and leadings are the four main functions of management, which are affected by internal and external factors. Internal factors are business events that happen within the corporations while external factors are business events are carried outside the actual corporation. Planning involves setting goals and outlines for the direction of the company. Organization happens as the company goes about achieving these goals that were planned. Leading is important to management because leaders are needed for success. The leaders of the company must train and motivate employees to reach the company goals. Controlling plays a major roll by having a say in the direction your company goes. Other factors that affect the four main functions of management are globalization, technology, diversity, innovation, and ethics. These factors affect the four functions of management by influencing the decision making process that occurs within management. Globalization Globalization is an external factor because this event takes place outside the actual corporation. This event is described as the spreading of businesses and technology throughout the world. For example, The Coca-Cola Company began in the state of Georgia. Since its introductions to the world in 1886, Coca-Cola has expanded and coke products are now in over 200 countries...
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...Management and Ochsner Hospital In today’s society it takes strong leadership and management skills to not only run a successful business, but a prosperous life as well. Frequently, individuals think of managers as the front-runners of the companies and organizations. Nevertheless, strong management and leadership go far beyond being profitable and widely recognized. Organizations develop a number of assets in to achieve effectiveness and to reach set goals and ideas. Internal and external factors affect the four functions of management and if approached productively can lead to a productive outcome. Four Functions of Management The four functions of management are planning, organizing, leading, and controlling (Bateman, 2011). Planning is fairly self-explanatory. Leaders must conclude what the objective is and how to accomplish it. Organizing is the act of conjoining the right combination of people and assets to attain the set goal. Leading includes stimulating members of the business to want to encounter the goal and to do so in both an appropriate and a profitable way. Lastly, controlling is the ongoing performance of studying the outcomes, keeping what works, and eliminating what is not working to successfully meet and possibly exceed the organization’s specified goals. Internal and External Factors The four functions of management significantly affect both...
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...Internal and External Factors Jantae K. Jackson MGT/230 May 25, 2015 William Roman Internal and External Factors In any given organization or business, the role of management includes planning, organizing, controlling, and leading (Bateman, T. S & Snell, S. A., 2011). Based on position, each member of management within a business or organization, is required to perform different duties and posses different responsibilities. Nevertheless, in order for a manager to be effective at any level of management, it is important for him or her to understand both internal and external factors and how both factors affect the establishment in which he or she works for. Functions of Management Planning is identifying goals to be achieved and deciding, in advance, on the actions necessary to achieve these goals (Bateman, T. S & Snell, S. A., 2011). This function of management combines a business or organization's objective, mission, goal and vision. Organizing is coordinating the financial, informational, physical, and human resources needed to achieve a company or organization's goal. The purpose of this function is to provide a way in which all people and things can work hand-in-hand an be successful (Bateman, T. S & Snell, S. A., 2011). Third is leading. Leading is encouraging people to perform to the greatest of their ability. This function serves as a motivator, guide and helper to employees. Due to the fact that success is not guaranteed even after planning...
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...Internal and External Factors Paper Internal and External Factors Paper When becoming a manager of an organization, regardless of the type of organization, there is quite a bit of information that needs to be required by the manager. Taking a look at an organization that I believe everyone is familiar with, fast food chains such as McDonalds; this is a fast paced environment and requires quick thinking and previous management skills. If a manager is hired onto McDonald’s work team and has not had any previous training or does not have any management skills, say for instance there is a small disaster within the establishment, this person is not going to know how to act or handle the disaster which could potentially spiral into an even larger problem. This is an example of how well the internal factors are within an establishment. It is very important for an establishment to have all four functions of management in place. “The major four function of management involve planning, controlling, organizing and leading. These functions can be affected by the internal and external factors in a business environment ("External and Internal Factors", n.d.).” “The internal and external factors which have influenced organizational functions in a lot of ways are ethics, diversity, innovation, technology and globalization, which have significant impact on laying out organizational functions, and can have a great impact on the organization's well. The four functions of the organization...
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...External/Internal Factors-Target Learning Team A MGT/330 June 11, 2012 William Roman External/Internal Factors-Target 2 External/Internal Factors-Target At Target, a well-known corporation that offers a variety of high-quality products to a broad range of consumers, there is much going on behind the scenes. Target’s mission statement, “Our mission is to make Target the preferred shopping destination for our guests by delivering outstanding value, continuous innovation and an exceptional guest experience by consistently fulfilling our Expect More. Pay Less. ® brand promise,” reflects the internal and external factors that affect the four functions of management, the impact of other factors on these functions, and delegation through management (Target Brands, Inc, 2012). Target is an organization that believes in embracing diversity, giving back to the community, and incorporating its positive morals, values, and ethics into its business, and these principles apply to the four functions of management within the organization- planning, organizing, leading, and controlling (Bateman & Snell, 2009, Chapter 4). Target uses these functions to determine which goals are accomplished and how the available resources strive to achieve these goals (Bateman & Snell, 2009, Chapter 4). The main internal and external factors that influence these functions of management at Target are human resources, marketing, operations, stakeholders, technologies, and industry...
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...Internal and External Factors Learning Team Arib, Chuck, Caleb, Jeff MGT /230 July 14, 2013 NEO WILLAMS External and internal factors affecting any organization come in many forms and may cause major impacts to the organization in different areas. Assessing external and internal factors that organizations may face can be vital to the four functions of management. These four functions planning, organizing, leading and control are a continuous process that managers will need to adapt to ever changing environments. In this paper, the team will discuss the internal and external effects British Petroleum experiences caused by globalization, technology, innovation, diversity and ethics and how they affect the four functions of management. British Petroleum is truly a global organization with operations in Europe, Asia Pacific, the Americas, Middle East and Africa. Many internal factors since starting in 1908 have led to the company’s globalization including how the organization changes its practices to compete on a worldwide scale. British Petroleum production, product diversity, development, customer service and marketing strategies are just a few examples. Since British Petroleum inception and first drilling operation in Persia, many external factors have affected the company’s growth. Planning for such expansion does not happen overnight, but the organizational goals have remained the same. Finding the right people, gaining capital, management needed to become accustomed...
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...Five Factors August 2, 2015 XMGT/230 Elaine McCarty It is generally understood that there exists four primary functions of management. Those functions are planning, organizing, leading, and controlling. These factors are the most important of the functions that a manager uses in order to complete his or her job. However, simply implementing the use of these factors is not enough to obtain true success as a manager. A truly skilled manager must be able to adjust with changes in that are brought about by various internal and external factors which can have a direct effect on the managerial process. These external and internal factors are unique to each individual company, and thus affect the different managerial factors in different ways. External factors such as competition and and government regulation have the potential to force adjustments in a managing personnel's planning and controlling procedures or processes, so that they are able to remain operational. The same goes for internal affecting factors as well. Growth, company culture, and an overall resistance to change to new ideas leads to adjustments that have to be made by managers with functions such as leading an controlling. Of course, these are not the only factors that can have an effect on the four functions of management. One of the factors that can have an effect on the four factors of the managing process is globalization. Globalization is defined by the Merriam-Webster dictionary is defined...
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...Internal and External Factors Paper Luis Molina MGT/230 November 13, 2013 University of Phoenix Internal and External Factors Paper There are several internal and external factors affecting the functions of logistics planning. These you must have all the factors in mind, as they can have a huge impact on the productivity of organizations. The common four functions of management involve organizing, planning, controlling, and leading; the evaluation process of the internal and external factors that the organization will face that can be a risk for the management of the company. As a company you have to determine a set of problems and limitations, list of the factors that affect the implementation of the management plan. Developing the environmental assessment helps the understanding of the internal and external processes that will influence the success rate of organizations. The main purpose for environmental assessment is for the company or organization to be able to identify and analyze the major trends, forces and phenomena that have a potential impact on the implementation of strategies. Indeed environmental assessment helps to prepare the organization to acclimate to environmental changes and take advantage of opportunities and minimize the adverse effects of hazards. Once the environmental assessment is completed, is analyzed to prioritize the problems, limitations and assumptions that could influence the planning function of management. The assessment of external...
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...Internal and External Factors Team Paper Preparing for internal and external factors play a huge role in the success of a company like Amazon. A well-implemented plan takes into account all facets, realizing them when needed. Internal factors are controllable within the walls of the enterprise such as procedures and policies, the culture of the business, and compensation. External factors define the uncontrollable components beyond the companies’ authority; competitors, the market force, regulation set forth by government agencies, the economy and customers. Internal Factors Leading Function of Management The leading function of management means to lead the organization; strategizing a continual plan that takes into account both internal and external factors for when they may need implementation. Amazon continually updates their future plans and possible markets. Amazon has not remained stagnant internally. Uniquely qualified in the internet market to sell goods they excel by leading the company to exponential growth through those opportunities. Controlling Function of Management Competent controls achieve the realization of managerial plans and strategies. The controls or policies for an organization accomplish their goals. They create the results of the organization by directing employee efforts. A breakdown in effective controls defeats managerial plans; inadequate controls have the same effect. The shipping of products offered on Amazon represents the control...
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...Toyota’s Internal and External Factors Velma Mobley and Jose C. Romero MGT/230 March 28, 2012 Sang Kim Internal and External Factors paper Despite, Toyota’s philosophies of good service, and daily improvement, over nine million Toyota cars were recalled. Toyota's management began to be investigated by NHTSA (National Highway Traffic Safety Administration). Team C will address issues with Toyota products and the strategies that the company used to resolve their problems. The paper will focus on four functions of management and the internal and external factors that will affect management. Toyota needed to evaluate their planning, organizing, leading, and controlling functions. This is the responsibility of management internally. Mechanics, dealerships, and customers, are external factors that also have an interest in Toyota's planning. Once the problem has been fixed, the information is sent to corporate office to determine the success rate. * Toyota Technology Toyota took responsibility of its failure external mechanical systems, and did not ignore a potentially fatal problem. Toyota implemented a strategy control system. This system is designed to assist in evaluating repairs needed in the automobile making process. It then enables Toyota to adjust their strategy based on the discrepancies that exist, thus allowing ample time for corrective action. Toyota has a new sensory detecting device, which can detect when a car is losing control or sense a collision about...
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...Introduction Coca-Cola is a brand that is in almost every household in the world and some point in time be it an icy cold drink, or one of their other products they strive not only to make profits but to be seen as a leader in diversity. This paper will show you some of the reasons that Coca-Cola has indeed done both make huge profits, and became a leader in diversity by using Globalization, technology, innovation, diversity, and ethics to become one of the largest companies in the world. Internal and external factors, and how they affect the four functions of management (planning, organizing, leading, and controlling). There are several internal and external factors to consider as Coca-Cola continues to produce and achieve its successes and its effects on the functionality of the company. Serving as one of the biggest soft drink manufacturers in the world, Coca-Cola has to consider many factors to continue to be one of the biggest household name brands today. Internal Factors Coca-Cola’s managerial functions are essential to the company’s continued success. The different layers of management must plan the daily production routines and organize the many different new or last-minute tasks for the employees to accomplish. The different layers of management need to have a good sense leadership and control their perspective areas in case of any conflicts, misunderstandings, or hic-ups that may arise from within. Sample situations and techniques to resolve these situations could...
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...Internal and External Factors Team G Bill, John, Gena, Squirrel MGT/230 December 5, 2011 Dr. Who Internal and External Factors Johnson & Johnson (J&J) is a worldwide business with a focus on pharmaceuticals, medical devices, and a consumer packaged goods manufacturer. Even a Fortune 500 member such as J&J operates within the bounds of the four functions of management; planning, organizing, leading, and controlling. The challenge for J&J is the same as any other major business, the continuous addressing of the internal and external factors affecting the four functions of management. Specifically the factors of globalization, technology, innovation, diversity, and ethics have on managing a business. Exploring how these factors affect the four functions of management within J&J and how the company choses to address each successfully will provide insight into the inner workings of a major corporation. Planning Simply put, planning is the management function of systematically making decisions about the goals and activities that an organization will pursue (Bateman & Snell, pp. 15-16, 2011). J&J strategic planning is set by their management team and implemented globally at more than 200 operating companies in 60 countries. In today’s technological environment, J&J is planning to simplify so the company can leverage on the diversity of developing and distributing medical devices abroad. Specifically...
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...resource management, training and development is the field which is concerned with organizational activity aimed at bettering the performance of individuals and groups in an organizational environment. Human resource training is of growing importance to companies seeking to gain an advantage among competitors. Training has an effect on both the employee and organizational goals. Forces at various levels influence changes in human resources strategies and directions. Those with the most direct effect include changes in the nature of the organization’s mission, work and overall policy direction. Other forces are internal to the organization itself (its culture, work organization and management style), while still others originate outside the organization and are related to the global economy and other changes in society. Training and development helps an organization to equip each employee with the knowledge and skill needed to perform his/her job effectively. This project will evaluate the effectiveness of the training and development programs offered by the HRtrainingCenter.com. A HRM company which provides training and certification services Marketing Environmental Forces That Affect Human Resource Management Industry Introduction As with any market there are external environmental forces that directly and/or indirectly impact an organization. Changes in the environment can create opportunities as well as threats for that organization. These outside factors can impact...
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...Internal and External Factors Team A Princess Waiters, Chris Tran, Charles Jones, Donald Dryer, Carolina Franco MGT/230 August 21, 2013 Professor Chris Pahl Internal and External Factors The internal and external fact of functions affects management every day. It is the performance that an organization or company within itself could turn out positive or negative. This also pertains to the outside world, where the factors can be beyond the control of the organization in positive or negative situations. The concepts in management implements the four functions needed for the core requirement in management. Planning is the foundation base which all others areas are built. There may be sudden strategies required to be implemented during a crisis. Depending on the conditions, a company may have to alter its course of action regarding certain goals. Organizing is the second function of management that is affected if resources beforehand are not organized. Leading or directing is the third function affected in management, it helps control and supervise the actions of the staff. The leading managers whether positive or negative the internal and external outcome, have to be sensitive and inspirational on a personal basis. Controlling is the last of the functions performance that is affected by the factors. Control is also dynamic in nature as the management can anticipate future problems. When it comes to globalization, internal and external factor affects various segments of...
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