...How do the four functions of management affect organizational success? Which function of management do you think is most important? Why? The four functions of management affect organizational success: P The four functions of management affect organizational success because they must work together. The success of the organization relies on creative problem solving in each function of management. The success of the organization requires upon effective and efficient management. The four functions of management are planning, organizing, directing, and controlling. All of the functions must be equally performed and balanced. Lacking in one function can affect the success of the organization negatively across the board. The planning function is the core area of the four functions of management. Planning requires management to evaluate the company’s current standings and its goals for the company’s future. Management analyzes factors that may affect the opportunities and threats. In the organizing function of management the resources must be organized to implement the course of action determined in the planning process. Management will determine the internal organizational structure and allocate necessary resources. Through directing management influences and oversees the behavior of the staff in achieving the company’s goals. In this function management also assists the staff in accomplishing their own personal and career goals. Managers become more effective...
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...XMGT/230 Week 6 Assignment Organizational Structure One organization that I am very familiar with as a consumer and as an ex-employee is Walmart. Walmart is one of the largest non-union successful corporations in the United States. Walmart’s organizational structure, organizational function, and organizational design make it a place consumers rely on for a number of things and for a number of reasons. The organizational structure of Walmart is fairly simple for a corporation as large as it is. Walmart’s organizational structure can be defined as a geographic structure, in which divisions are created to support the needs of customers in a particular region, country, or world area. (Jones: Introduction to Business: How Companies Create Value for People) Walmart as we know it here in the United States operates in a number of different countries under numerous names, all the same corporation. Walmart consists of three main business divisions. These include Wlamart United States, Walmart International, and Sam’s Club. These main divisions are the core of its’ organizational structure. From these divisions leadership and management is then regionally developed and divided into regions of each division all the way down to store managers. The headquarters of this nearly billion dollar corporation still lies in the state of Arkansas where it was began, which would make Walmart United States the top division of the three. This organizational structure is for a global...
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...XMGT 230 Entire Course For more classes visit www.snaptutorial.com XMGT 230 Week 1 DQs XMGT 230 Week 1 CheckPoint Making Decisions XMGT 230 Week 2 Five Factors Paper XMGT 230 Week 3 CheckPoint Types of Plans XMGT 230 Week 3 DQs XMGT 230 Week 4 Individual Management Planning Presentation XMGT 230 Week 6 Individual Organizational Structure Paper XMGT 230 Week 7 DQs XMGT 230 Week 7 CheckPoint Managers versus Leaders XMGT 230 Week 9 Capstone XMGT 230 Week 9 Final Project Leadership Presentation --------------------------------------------------------------- XMGT 230 Week 1 DQ 1 and DQ 2 For more classes visit www.snaptutorial.com DQ 1 What is management? Why is management necessary? How do you think management has evolved? DQ 2 How do the four functions of management affect organizational success? Which function of management do you think is most important? Why? --------------------------------------------------------------------------------- XMGT 230 Week 2 Five Factors Paper For more classes visit www.snaptutorial.com Individual Five Factors Paper Select an organization with which you are familiar. Write a 700- to 1,050-word paper in which you explain how internal and external factors affect the four functions of management. Explain how the following internal and external factors affect the four functions of management. Include specific examples for each one of the following: Globalization Technology Innovation ...
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...Week 2 Assignment Internal and External Factors XMGT/230 February 16, 2014 Week 2 Assignment Write a 700- to 1,050-word paper in which you explain how internal and external factors affect the four functions of management. Explain how the following internal and external factors affect the four functions of management. Include specific examples for each of the following: • Globalization • Technology • Innovation • Diversity • Ethics Week 2 Assignment Managing a business can be a difficult, but rewarding task. There are internal and external factors that can hinder and improve the experience. For example let’s use B-EZ T.V.s, a manufacturer of televisions. As a business manager for B-EZ T.V.s you have four basic functions; planning, organizing, leading, and controlling. There are many internal and external factors that may affect managing the company. Part of the success of your job will depend on the strength of your employees. Sometimes hiring dependable, hard-working staff can prove challenging, especially when the demographics you need to hire are in short supply. Population growth can greatly affect your ability to hire younger more innovative employees. On the up side of that theory an increase in population can provide an abundance of qualified individuals, as well as an increase in the demand for televisions. Due to economic reasons employees past retirement age may choose to remain in the work place because they cannot afford to...
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...Identify a time in your life when you had to make a personal or professional decision, such as buying a home, changing jobs, enrolling in school, or relocating to another state or region. Write a 200- to 300-word description in which you discuss your decision-making process. Support your ideas with academic research. Include the following: • Describe each step of your process. • How similar was your decision-making process to the one described in the text? • How might your decision be different if you had used the same steps included in the text? I recently decided to purchase a new “used” car from a dealership. I didn’t want to go up there and have the salesmen to walk all over me because I am a female and do not know the first thing about vehicles. I decided I was going to do my research and plan this large purchase out every step of the way. I knew I wanted a Dodge Avenger, so I began researching the value of the car, as well as what the listed price was a dealerships around my town. The planning process was similar to the text, but I did not anticipate enough for the future as to what the car would be worth three years from now as I am still paying it off. I did focus on the value and how well the car would suite my every day needs, which is discussed in the text. I may have used different internet resources and expanded my search further than my town if I had followed the same steps as the text. All in all, I did purchase a good car that was worth what I paid....
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...Ryan Matzek Management Theory and Practice Professor Gregory Peterson 01-12-2014 Organizational Chart I currently work at a company called Co-ax Technologies Inc. The experience I have had with this organization has been very satisfying. I think that they have good communication and coordination within the company and they are very organized with the changes that are going to be implemented and introduced to the employees. I do enjoy the working environment and the new position I have obtained. I will be part of the decision of changes that will take place and watch how much the business grows. It is an honor to be part of the process and see how well it works for the company. This company is set up with a differentiation. The specialization takes effect by having a group of people performing specific parts of the larger tasks. In my company, the computer boards have several different processes that they go through before they are ready for the customer. All of the employees in the different departments will have a higher authority to report to. We have a different department for each one of these processes and one person per department is a team leader. The team leader is the one to go to if the employees within the department have any questions or issues that need to be addressed. If the team leader does not know the answer, you can go to the department supervisor and they will be able to resolve the issue. The department managers communicate with the plant...
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...Internal and External Factors D. Rams XMGT/230 8/10/2015 Beverly Williams Internal and External Factors There are four functions of management; planning, organizing, leading and controlling. Planning happens within these functions and helps to deliver strategic value to a business. Organizing builds a dynamic business, and leading helps to mobilize employees. Controlling is a part of learning and changing as a business grows and expands. All four of these functions are necessary and are key factors to having effective management. Internal and external factors influence the decision-making process, which therefore affects management. Competitive landscapes are constantly changing, so managers must consider businesses and people from around the world. Globalization, innovation, technology, diversity, and ethics require comprehensive planning, and are essential in every aspect of management. One such organization is Apple, who uses strategic planning and organizational tools to successfully manage and market technology. Globalization is an external, driving factor that has a major impact on the way managers run businesses. It is the result of a notable increase in cross-border trade, cultural exchange, investments, emergent economies and population growth (New World Encyclopedias, 2008). Globalization affects the four functions of management directly, or directly affects the core competencies...
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...XMGT 230 Week 4 Individual Management Planning Presentation To Buy This material Click below link http://www.uoptutors.com/XMGT-230/XMGT-230-Week-4-Individual-Management-Planning-Presentation Select one of the following scenarios: a major pharmaceutical company looking to introduce a new medication; OR a major mining operation considering a new site near a popular national park; OR a ‘big box store’ looking to open in a small town location. You are assigned the role of being an executive for that organization. You have been asked to prepare a presentation for the board of directors about the organization’s direction. Create a minimum 10-slide (not including the Title and References slides) Microsoft® PowerPoint® presentation, with speaker notes, in which you address the following: · Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text. · Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning at this company. Provide at least one example for each. · Analyze at least three factors that influence the company’s strategic, tactical, operational, and contingency planning. Include detailed speaker notes to explain the key points in your presentation. Support your presentation with the concepts discussed in class and from the text. Use at least two academically accepted references such...
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...WEEK 3 ASSIGNMENT Kayla D. Cloud XMGT/230 May 31, 2013 Dr. Frank Czarney ORGANIZATIONAL PLANS: According to David Ingram, 2013 Hearst Communications an Organizational Plan commits those who run businesses and are employed by a business to abide by certain actions to ensure the future of the organization. This is called means- ends chain. Listed below are the types of plans that most organizations use. An operational plan is one that a manager uses to accomplish his or her job responsibilities. A tactical plan is concerned with what the lower level units within each division must do, how they must do it, and who is in charge at each level. A strategic plan is an outline of steps designed with the goals of the entire organization as a whole in mind, rather than with the goals of specific divisions or departments. Strategic planning begins with an organization's mission. Contingency planning involves identifying alternative courses of action that can be implemented if and when the original plan proves inadequate because of changing circumstances. The above information was copied from:rihttp://smallbusiness.chron.com/examples-organizational-planning-13836.html As far as in my home, I would say that I use a combination of all the plans depending on which activity or task is being carried out. I do not work at the moment so the only thing I can compare it to is my home life. ...
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...Organizational Plans Rebecca Maatouk XMGT/230 January 9, 2014 Joseph Walter Organizations need to make careful and well thought out decisions for the best interest of the company. These plans can be broken down into 3 parts and the company can choose all or one way of planning. Strategic Planning is a good plan when you are looking ahead for the entire business and it is more of a long term goal. The organization would start off with a vision. This is where the company needs to look to the future and see where it wants to be in just a few years to come. This plan must look into the future and accommodate technology changes, culture changes and have flexibility for change. Mission is the next step to strategic planning; having a mission statement of an overview of the companies values and a slogan that they want to customers to believe in. Last, values; voice the values of the company and keep these values in the future planning of the company. Tactical Plans are plans this is more a condensed form and outline of the strategic plan. This is more of a 1 year plan and this answers how you will accomplish the strategic plan. Within the tactical plan one needs to list specific goals with deadlines, evaluate budget requirements, and list all resources that will be needed, this also includes marketing, funding, etc. Finally, Operational Plans; these are plans set out on an even finer scale that help us to achieve the tactical plan. This plan is of importance, because it is brakes down...
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...Decision-Making Process Brandy Stephens XMGT/230 April 3, 2014 Dr. Hall Decision-Making Process Decision-making can be broken down into stages which are: identifying a problem, conduce alternative solutions, analyze the solutions, choose a solution that best solves the problem, implement the solution into a decision, and assess the decision once it has been made. Decision-making is a process used by humankind in all aspects of life; not just business. I make decisions every day from simple to complex problems. A complex problem that I had to evaluate was deciding on if I wanted to finish college. Looking back at my decision-making process compared to the text version process, I followed most of the steps. I identified the problem being that I needed to advance in my career and I was not certain that was possible without a degree. After some research and evaluation I came to the ready-made solution that a degree would be the only option to reach the goal I had set for myself. I implemented the decision of returning to school. The steps I neglected are conducing alternative solutions and evaluating them. Once the problem was identified, I made the decision to finish my degree. I am not sure of how many alternatives there would have been available in order for me to reach my ultimate goal of becoming a Controller of a company one day. I did, however, research this goal and have given myself a more flexible path of succeeding. Thus, meaning I once was opposed to getting my...
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...Decision-Making Process Paper Ashley Drago Xmgt 230 11/9/14 In the last few years I have made quite a lot of important decisions. The most important one I have decided to is become a mother. I have became pregnant unexpectedly and was not with the father neither. I knew that means being a single parent and would not have any help from him. Later, I found out he lied to me about having children at all already. SO after that I figured his children were not important to him since he had. This was the biggest decision of my life. I knew I had other options like adoption and abortion. But, I knew I would not be able to live with myself if I had went in those directions. I have always been independent in my life and worked two jobs then. I then after making this decision continued planning. I started to plan how to find transportation to all my appointments and hers , saving every dime for her. When she was born I knew that I could not continue working two jobs because, I wanted to be apart of of her childhood. I decided that I will leaving my second job and go back to school. My job I decided to continue is managing a restaurant. Knowing that I enjoy management I will continue in this path. I decided that getting my degree and furthering education will that not only make her life better but mine as well. I do understand that my assignment...
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...Manager or Leader XMGT/230 Leadership and ‘manager ship’ are not the same thing. Leadership does not always need a management position. A manager can be a leader if they have the leadership traits. A manager must provide leadership and must perform all five functions; Planning, Organizing, Directing, Staffing and Controlling (Bateman & Snell, 2011) A leader is one who influences the actions and work of others to achieve goals. Managers are expected to be the leaders so that others willingly carry out and accept guidance. There are personal traits that all good leaders have, directness, kindness, and a willingness to work alongside others. A good leader would not ask others to do something they themselves are not willing to do. Bennis tells us that; the manager directs, the leader invents. The manager sustains, the leader develops. The manager accepts the way things are done, the leader challenges the status quo. (Bennis, 2009) Leadership, like any other skill, must be learned. An organization can start cultivating managers by observing its employees to determine which can be leaders, then managers. An organization should look for individuals who have a vision for how to improve things. An individual whose efforts improve the output of a group. An individual who is direct and communicates well. Training those who display leadership qualities will build new managers. This can be done by teaching skills such as; effective communication skills, conflict resolution skills and...
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...Internal and External Factors Paper XMGT/230 Burger king corporation is well known globally from www.burgerking.com “With more than 12,000 restaurants, our global headquarters allows us to keep the pulse of our franchises, team members and operations. Our campus is designed to handle the ever-changing nature of our industry, while satisfying the needs of our customers and our BK® family.” Burger king has focus on the international and local trade and investment. We will there discuss internal and external factors affect the four functions of management which includes globalization, technology, innovation, diversity and ethics. From http://www.investopedia.com “Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange.” It affects the environment, culture, political systems and human well-being in societies around the world. Burger king is one of the world’s largest fast-food chains and is control by persons who own the franchise. When it comes to the function of management and globalization it can affect the business externally and internally both positively and negatively, when it comes to competition, environment changes and so on. Burger king has been the result of an excellent organization where the four...
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...Organizational Plans Brien Thigpen XMGT/230 June 15, 2015 Nicole Dinan Organizational Plans Bateman, T.S. & Snell, S.A. (2011) states that the different types of plans that organizations can use are: Situational Analysis, studies past events, examines current conditions, and attempts to forecast future trends. It focuses on the internal forces at work in the organization or work unit and, consistent with the open-systems approach. The Alternative Goals and Plans, based on the situational analysis, the planning process should generate alternative goals that may be pursued in the future and the alternative plans that may be used to achieve those goals. Goal and Plan Evaluation, managers will evaluate the advantages, disadvantages, and potential effects of each alternative goal and plan. They must prioritize those goals and even eliminate some of them. Goal and Plan Selection, once managers have assessed the various goals and plans, they will select the one that is most appropriate and feasible. The evaluation process will identify the priorities and trade-offs among the goals and plans. Implementation, successful implementation requires a plan to be linked to other systems in the organization, particularly the budget and reward systems. If the manager does not have a budget with financial resources to execute the plan, the plan is probably doomed. Similarly, goal achievement must be linked to the organization’s reward system. Monitor and Control, without it, you...
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