introduction to management

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Page 1: Introduction To Management

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Introduction To Management

YASIR SALEEM BB113068

Submitted to:

Page 2: Introduction To Management

QUESTION NO (1)

MANAGEMENT:

Management means that any work better and better to struggle to solve it is called management.

The four functions these are:

1) PLANNING:

If you want to have a business, your money and employee every business process, but you do not planning for dealing you cannot do business planning is essential.

2) ORGANISING:

Anything you want to do this work should first organizing because no one organization con not succeeds without it.

3) LEADING:

Leading means leading the company operates in the under. How effective is this sense that the company carries. How does your organization handle.

ORGANISING

LEADING

PLAINING

CONYROLING

Page 3: Introduction To Management

4) CONTROLLING:

Controlling means the work employee control better so this way can make their job properly so they work better than. If your controller will work better if their employees work to their understanding. (REFERENCE: RICHARD L. DAFT)

A. BARBARA:

Barbara Russell will be expecting a new management tactic in controlling the Electra quick company who is facing a lot of Troubles. In this matter using intensive human skills will help to boost the courage of the employees.

By Empowerment (which is sharing knowledge, information and training the employees thus making them responsible for their tasks and in this way it can increase their hopes, morale and courage). Communication and coordination activities are highly recommended in all organizations at all level. In this case lack of coordination among manufacturing and sale is one of the reasons for their disaster. The new CEO should strong this bond among them. All these tough tasks are being expected from new CEO by Barbara Russell.

B. ORGANIZATION:

There is not any kind of organization it is kind far. Business development in various ways to get to and where leaders do when they become dependent for growth. This is the institution separate get money from him and mechanistic organic leaves, although other has something that was bad because centuries prefer vertical structures. Flat, while the other person’s uses at work are encouraged. And interpreted the separate and combined a difference. Two professional organizations and activities of their organization with the planning department’s procedures. (Reference: Google Books: “Organization development and Changes”:“Thomas G. Cumming, Christopher G. Worley”)

VERTICAL:

If you than see your list of contacts in more than one potentially have an impact on business. That’s why it is important to build relationship. (Reference: Response capture)

VERTICAL TYPES:

Vertical types are four:

Page 4: Introduction To Management

1) TOP MANAGER:

Top manager of the company’s top management structures was that the institution is in control and is responsible for everything.

2) MIDDLE MANAGER:

Middle level and middle level manager who work with your

Body and every mistake are responsible for their department.

3) PROJECT MANAGER:

Project manager for a temporary work plan of the project is to produce only people who attend your organization is responsible for adding.

4) FIRST LINE MANAGER:

First line manager of the first and second level management functions. Production of goods for which each is responsible for direct services. (Reference: Richard L. Daft)

HORIZONTAL:

A horizontal market strategy across the industry out of the audience saw the number one single mind. Customize your contact list of an IT manager or the company in various industries and looking up at the scene. (Reference: Response Capture)

HORIZONTAL TYPES:

Horizontal are two types:

TOP MANAGER

MIDDLE MANAGER

PROJECT MANAGER

FIRST LINE MANAGER

Page 5: Introduction To Management

1) FUNCTIONAL MANAGER:

That a manager who works with full responsibility and legal the department’s employee works with our expertise and training.

2) GENERAL MANAGER:

General Manager of the department who said that he performance is solely responsible. Our entire department is training him.

(Reference: Richard L. Daft)

IMPORTANT SKILLS:

Their skills through competition with the performance standard for raising and training of world class skills and expertise to promote international competition are to use of expertise.

(Reference: World Skills London 2011)

IMPORTANT SKILLS:

Three special features of skills:

FUNCTIONAL

MANAGER

GENERAL MANAGE

R

CONCPTUAL SKILLS

HUMAN SKIIIS TECHNICAL SKILLS

Page 6: Introduction To Management

1) CONCEPTUAL SKILLS:

Like all parts of conceptual skills and knowledge as a form of relationship must be the ability to keep an eye on.

2) HUMAN SKILLS:  

Human expertise for others to do everything within my ability to even try. This way you can become a member of a group with others. To become a member of the group in their ability to produce it.

3) TECHNICAL SKILLS:

Technical up skills in order to understand your ability to be reveal because it is very important for technical skills. (Reference: Richard L. Daft)

MANAGER ROLE:

That is a good manager to motivate the employee plays an important role. Its one thing that most managers encourage Employee to promoting positive employee and manager in a top role in the development of its employee will have and will increase their knowledge. I encourage employees to maintain good relations with their manager and even make them more aware of to generate interest in their work. Such employees will be happy and will work to create consistency and best way to performing.

(Reference: Humanresources.about.com)

MANAGER ROLE TYPES:

The manager role is three parts:

1) Informational Role2) Interpersonal Role3) Decisional Role

1) INFORMATIONAL ROLE: To get information about the manager job is another key component. More parts have stayed informational role.

A) Monitoring RoleB) Disseminator RoleC) Spokesperson Role

A) MONITORING ROLE:

Page 7: Introduction To Management

Monitoring role was a series of contacts to find such information is current. As for Example, a manager for the information environment around the clock to get information around the like he always does scan environment.

B) DISSEMINATOR ROLE: This role is to get information in and out. And outside the organization is gathering information from all sides.

C) SPOKESPERSON ROLE: Spokesperson role of manager is to raise the company’s policies, which policy requires. This plan provides information to people outside (Reference: www.Introduction-To-Management.24xls.com)

2) INTERPERSONAL ROLE: Interpersonal role, duties and role of other people, but the manager role is very important because his role is to show what he can do.INTERPERSONAL TYPES: Interpersonal roes are these types:

A) FIGUREHEAD ROLEB) LEADER ROLE C) LIAISON ROLE

A) FIGUREHEAD ROLE: Figurehead  role, every manager is a different kind of nature that he is fulfilling its responsibilities to share holders. That responsible for keeping her company wants to work together.

B) LEADER ROLE: Leader for his role along with her staff to perform the services . The staff is encouraged. Leader to encourage his employee, communication, and influence whether the role.

C) LIAISON ROLE:

Manager with your organizations contact with people inside and outside under the, clients, business associates and government official such as trade organization makes.

(Reference: www.Introduction-To-Management.24xls.com)

Page 8: Introduction To Management

3) DECISIONAL ROLE:

The most important decisions a manager has to make decisions. The decisions to each job responsibility is the same.

DECISIONAL TYPES:

A decisional role has four parts:

1) Entrepreneur Role2) Disturbance Role3) Resource Role4) Negotiator Role

i. ENTREPRENEURE ROLE:

Entrepreneur adopt the role of environmental conditions were to change the unit managers role in finding the best.

2) DISTURBANCE ROLE:

Disturbance manager at the institute’s role is to handle the barrier. Because this is the answer to all problems.

3) RESOURCE ALLOCATOR:

The role of manager of the company is looking at every resource. The budget, equipment, time and other resources allocated to yield determines.

4) NEGOTIATOR ROLE:

The manager’s role in all negotiations. The performance of activities of all the principle of bargaining responsibility for result has to play.

(Reference: www.Introduction-To-Management.24xls.com)

QUESTION NO (2)

RESOURCE DEPENDENCE THEORY:

It is a theory which argues that who’s afraid to meet the environmental resources. To reduce dependence on other organizations and resources available to them to influence the way search is done.

RESOURCE DEPENDENCE THEORY:

These are two types:

Page 9: Introduction To Management

1) Symbiotic Interdependency

2) Competitive Interdependency

1) SYMBIOTIC INTEDEPENDENCY:

Symbiotic interdependencies  exist between the supplier organizations and is a distributor.

SYMBIOTIC TYPES:

Symbiotic types are:

i. Reputation

ii. Co-optation

iii. Strategic Alliance

iv. Long Term Contract

v. Network

vi. Minority Ownership

vii. Joint Venture

viii. Merger And Takeoveri. REPUTATION;

High level contacts will an organization which is organized and because of his honesty and fair practices by other parties is reliable.

ii. CO-OPTATION: 

A strategy to neutralize the environmental forces managed to specific interdependencies. Co-optation shield on a property.

INTERLOCKING DIRECTORATE:

One of the sites linked to the company's board of director of company results can be achieved. He says interlocking directorate.

iii. STRATEGIC ALLIANCE:  Business  development resources part of a joint strategic alliance is linked to the companion.

iv. LONG TERM CONTRACT:

Usually  two or organizations on long-term informal alliance of contract are between spelled contracts.

Page 10: Introduction To Management

v. NETWORK:  Actions of various organizations whose contracts or contracts under the authority of a formal organizational rainbow the case of a cluster is. The organization wants to expand its network to achieve a maximum contract to be able to spread their network.

vi. MINORITY OWNERSHIP:   Relationship of formal contracts and network with each other than most independents minority owned organizations and rely on a strong relation to the forges bond. The property also has a minority ownership.

) KEIRETSU: A group of organizations in working together to improve other organizations to work together even if one group. It is admitted that between love and sincerity.

vii. JOINT VENTURE:

Two or more organization to start a new business jointly shares a strategic alliance to agree is necessary to establish. A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as JV limited by guarantee, joint ventures limited by guarantee with partners holding shares.

viii. MERGER AND TAKEOVER:

The combining of two or more entities into one, through a purchase acquisition or a pooling of interests. Differs from a consolidation in that no new entity is created from a merger.

In business, a takeover is the purchase of one company (the target) by another (the acquirer, or bidder). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.

Read more: http://www.investorwords.com/3045/merger.html#ixzz1aRjln4ja

(Reference: Richard L. Daft)

2. COMPETITIVE INTERDEPENDENCY:

Competitive exist between an organization and its rival. The more formal a strategy, the more explicit the attempt to coordinate competitors activities.

Page 11: Introduction To Management

COMPETITIVE TYPES:

Competitive interdependency is types below:

1) Collusion And Cartels2) Third Party Linkage Mechanisms3) Strategic Alliance 4) Merger And Takeover

1) COLLUSION:

To hold together a cheat or an illegal contracts in exchange for a representative most of the information it receives. A collision is an isolated event which two or more moving bodies (colliding bodies) exert forces on each other for a relatively short time.

Although the most common colloquial use of the word "collision" refers to accidents in which two or more objects collide, the scientific use of the word "collision" implies nothing about the magnitude of the forces.

CARTELS:

Firms see the situation clear to know the only difference between them is association. A cartel is a formal (explicit) agreement among competing firms. It is a formal organization of producers and manufacturers that agree to fix prices, marketing, and production.[1] Cartels usually occur in an oligopolistic industry, where there is a small number of sellers and usually involve homogeneous products. Cartel members may agree on such matters as price fixing, total industry output, market shares, allocation of customers, allocation of territories, bid rigging, establishment of common sales agencies, and the division of profits or combination of these. The aim of such collusion (also called the cartel agreement) is to increase individual members' profits by reducing competition.

2) THIRD PARTY LINKAGE MECAHNISMS:

A regularly body that allows organization to share information an regulate the way they compete.

3) STRATEGIC ALLAINCE:

Strategic alliance can be used to manage not only symbiotic interdependencies, but competitive interdependency, as well. Competitive can cooperate and form a joint venture to develop common technology that they can than protect from other rivals limited only by the imagination of rival companies.

Page 12: Introduction To Management

4) MERGER AND TAKEOVER:

Mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can aid, finance, or help an enterprise grow rapidly in its sector or location of origin or a new field or new location without creating a subsidiary, other child entity or using a joint venture

In business, a takeover is the purchase of one company (the target) by another (the acquirer, or bidder). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.

(Reference: Richard L. Daft)

QUESTION NO (3)

BANK MANAGER:

Bank Manager Name is Mohammad Jahangir. Their education is BSCS. United bank limited in this work.

BANK:

Bank means the amount as a place where a particular item, Jewelry, etc. All these things can deposit. Not the safest place you can get. For Example, if you have a large quantity of cash you would like to keep in a safe place. You will not find anywhere better than this place. Because when you make a deposit with another thing. If they feel a responsibility to protect her. To protect him from his commitment is fulfilled.

RULES AND REGULATION:

Bank of the state bank issued bank rules and regulation does indeed they are provide or government bank. All there policy bank, state bank has issued. If we have to open your statement for the bank to ask why they allowed us to continue license. Bank opened without his permission, we were going to get the law will allow the state bank for opening a would requires permission from issue when he says you can start your bank at this location. If we are to move to any other the need for permission from the state bank or if we close for the state bank has to tell us to shut down your business so that they would cancel out our license. And its effects can be more risky nose.

Page 13: Introduction To Management

CONTROLLING:

Bank control everyone he is the same bank manager. That the bank is to control. Bank who sees all of the bank account and cash is to look at. If the bank manger comes late or leaves in the wind, when all tasks assistant manager who sees what is done after assistant manager is the cash costumer for the deposit money and deposit is clerk, bodyguard, peons. If they go to the bank manager over there who is going in the bank’s CEO is asked about her, CEO are over DIRECTOR, DIRECTOR are over BOARD OF DIRECTOR, that all is meeting jointly with the bank of share. They are each other's throat before answering. It is the majority share of the match. (Reference: Bank Manager)