PAPER The purpose of this essay is to explain how both internal and external factors affect the four functions of management. And how those factors also affect the organization of Verizon wireless Level One Heading The major four functions of management includes planning, controlling, organizing, and leading. These four functions could be affected by both internal and external factors in any business environment. Planning in management is systematically making decisions based on goals
Words: 1056 - Pages: 5
Apple- Internal and External Factors Julietta Parker, Takesha Lee, Doan Clark, Dewey Privett, Brian Green October 08, 2012 MGT/230 Management Theory and Practice James De Clue Apple- Internal and External Factors Apple Inc. is an electronically based Fortune 500 company founded in 1976 by Steven Wozniak and Steven Jobs (Sanford, 2011). It is a corporation that designs, manufactures, and sells iPod, iPhone, iPad, and Mac. Over the years Apple has made drastic strides. A little bit more
Words: 2258 - Pages: 10
Introduction The four management functions are influenced by internal and external factors. In our learning team’s paper, we will discuss some of the factors that affect the functions of management in a global environment. From internal factors, such as leadership styles and company procedures, to external factors like political and economic risks, it is obvious that delicately managing employees, in order to affectively address those functions, is of utmost importance. Explain how internal and external
Words: 1470 - Pages: 6
incorporates globalization, technology, innovation, diversity, and ethics along with the four functions of management to increase profits. The main goal of Apple is to distribute products such as the I-phone, desktop computers, and notebooks to consumers worldwide. Managers need to use the four functions of management such as planning to understand the consumer wants and needs. Apple set the speed for innovation. Apple creates a workplace and products for diversity. Diversity means people in a workplace have
Words: 1989 - Pages: 8
the internal and external factors about the Google industry, and the ways it affects the four functions of management. The internal factors include the company’s strength and weakness that displays their success or downfall. The internal factors reveal the company’s strength on how well it can meet their goals. The internal factors of an industry are factors of good or poor planning because it exposes their ethics, diversity, globalization, and so forth. On the other hand, the external factors may involve
Words: 1434 - Pages: 6
keep a profitable bottom line. To be profitable and successful the four functions of management need to have continuous improvement. The four functions of management are planning, organizing, leading and controlling. By analyzing how all four functions of management in the Coca-Cola Company one will be able to explain how each is affected by the following external and internal factors globalization, technology, innovation, diversity, and ethics. Coca-Cola is a very well known label all over the
Words: 654 - Pages: 3
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
Words: 2044 - Pages: 9
Internal and External Factors The four functions of management are planning, organizing, leading and controlling. First, planning helps a company accomplish strategic goals. Second, organizing makes a company or business more productive. Third, leading includes communicating and encouraging employees and getting to know them on an interpersonal level. Fourth, controlling is used to change an organization and help it grow. All four functions are essential to management and can be influenced by internal
Words: 1287 - Pages: 6
Internal and External Paper Internal and External Paper The four types of management which are planning, organizing, leading, and controlling all have effect on organizational success by each contributing a specific value needed to complete company goals. Planning is used to determine what steps are necessary in taking to meet company goals. Organization is getting a team together and assigning specific task to each individual to complete. Leading is a task performed by a manager who is a high
Words: 1929 - Pages: 8
play a great part in the four functions of management. These factors can impact these four functions in many ways. The company that we chose to write about is General Electric known as GE. We will explain how internal and external factors affect the four function of management, which are; planning, organizing, leading, and controlling (Bateman & Snell,2009). We will also explain how these factors, along with delegation, affect globalization, technology, innovation, diversity, and ethics. General
Words: 1657 - Pages: 7
