Management Assignment Help: It Does Exactly What It Says
Management involves activities like developing a marketing strategy in an enterprise, coordinating with volunteers and employees, and aligning the activities and tasks of the teams to accomplish the goals of an organisation with the help of available resources. The resources that are available for any firm fall in four categories namely natural, technological, financial, and manpower. Many students are interested in a management program and they want to pursue their course at an Australian university, which is preferred by a majority of students worldwide. During the course, they need to spend nearly 20%-30% of the academic year in writing an assignment. We all know that drafting an assignment is quite streaky for students, but it becomes more complicated when they need to submit within a specific date.What is Management?
Management is a process used by an organisation to manage their resources effectively and efficiently. It helps us in the accomplishment of the goals with the limited use of financial, technological, and human resources. Additionally, management is needed at every level of an enterprise.Various Fields of Management Students Can Dig In
Strategic Management
Sales Management
Marketing Management
Public Relations
Operations Management
Supply Chain Management
Procurement Management
Financial & Accounting Management and many more
Factors Affecting Management Principles
Examples of Macroeconomic Factors are the Political-legal environment, Technology, and Socio-Cultural environment.
Microeconomic environment factors are employee's motivation, balancing the aims of a company and owners, keep supplier happy, and market competition.
Why is Management So Important?
Management has its importance in the accomplishment of organisational goals. Management assignment services expert has mentioned below the importance of management:Helpful in achieving an individual or group goals
Minimum resource utilisation
It reduces costs
It develops equilibrium
Functions of Management
The administration is also known as a social process because it involves economical responsibilities and effective planning and controlling of an organisation’s activities. Different experts have classified management into different functions. According to KOONTZ and O'DONNELL, the functions of management are Planning, Organising, Staffing, Directing and Controlling.Planning
Planning is a primary function of management that deals with developing the future action course for the accomplishment of pre-determined goals. It is all pervasive and intellectual activity and it is used to avoid confusion, risks, and proper utilisation of resources.Organising
Organising involves the following activities:Assignment of duties
Identification of activities
Classification of a grouping of activities
A delegation of authority and creation of responsibility
Coordinating authority and responsibility relationships
Staffing
Staffing has been assumed as an essential term in recent years because of technology advancement, complexity in human behavior, and more.Directing
It is a management concept that Supervises, Motivates, and Communicates with organisational employees for the attainment of enterprise goals.Controlling
Controlling is a process to check whether or not the progress is being made as per the plan or not. It has the following steps:Measurement of actual performance
Establishment of standard performance
Corrective action
Comparison of actual performance with the standards and finding out deviation if any
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