Examples and characteristics of management

1.Management is goal oriented-Every buisness organisation ha s a aim to earn

maximum profit.
to achieve this the management should conduct market research to find out the
demand for
their product and plan the production accordingly.the production manager must
target to produce
goods at minimum cost , whereas a sales manager must sell goods with the goal to
increase the
market share.

2.Management is pervasive-A housewife manages a family , a teacher manages her

class , a principal
manages her school , a ceo manages his buisness operation and a prime minister
manages his country.
Therefore management is widespread,required everywhere and for each activity.

3.Management is multi dimentional-Mr ram kiran has the overall responsibility of

pladcing orders , meeting customers
demand, guiding the sales team,to achieve their targets, maintaining work culture
in the organisaation ,etc. Thus he is managing
buisness at various dimensions using diverse startigies

4. Management is a continuous process-The farewell party u organised requiered

managment right from the day
the date of party was announced unti the day it wwas actually hosted. Each and
every activity has to be managed
from the start to finish .Initially it must have involved more of plannning and
orgNISING but later on it must have involved
more of co ordinating and contolling

5.Management iis a group activity - THe farewell party requierd you to manage and
co ordinate not only the heads
of each team but also everyone involved as an individual or as a part of the team

6.Management is adynamic function -A coriour company sells its produvcts to various

companies.It cannot follow
the same price for each country due to the differernce in demand and expectations .
THUS THEY ALWAYS HAVE
differernt plans for different countries to promote sales some tines they formulate
differernt stratagies to meet tthe
chamge in demands of the same country

7.Management is an intangible course-Rama enterprise is running into losees from

the last 2 years .it has lost most
of its important custommers to its competitiors mainly because of indifference
attitude of its employees.
Employees do ot come to offive on time, take leave without giving any notice , no
action is taen against the employees
cus the boss Mr Rihit kumar himself comes late to office.Thus there is too much
chaos and indiscipline . trhe ill management
of the businessi seasioly noticible

Eg-
Mr Mahajan an owner of svg textiles always reaches his office mu8ch before his
employees and holds meetings with all department heads
regularly.It is the official policy that customenrs orders or complaints must be
handled within 2 woorking days . He priodically analyssis
employees performance as individuals , as a team to make sure that the buisnesss
aachieves its targes . The company has achieved 150 percent
growth as compared to last year only because of effective and efficiennt management
.

Q.From the below information you are required to identify the level of management
or the role played at a particular level.

the bosrd of directors and president and vice president and ceo are examples of

Ans. top level managements

Q2. _________ are examples of low level managements titles these maagers focus on
controlling and directing

Ans, supervisors , section heads/ leads , and foremen

Q3. general managers , branch managers and department managers are all examples of
________

Ans. middle level managers

Q4. mention any 2 responsibilities of lower lever management

Ans.
. ascining employees tasks
. guiding and supervising employees on day to day activities
. ensuring the quality and quantity of production
. making recomandationas and suggetions
. upchanneling employee problems

Q5. vice president marketing is at what level of management?

Ans. top level of management

Q6. they are accountable to top management for their department functions who are
they ?

Ans. middle level managers

Q7. ______ are accountable to share holders amd general public

Ans. top level managers

Q8. they interpret plans and sets actions what level of management does that ? can
you identify the position

Ans. middle level regional or plant managers

Q9. who establishes controls of all organisational departments

Ans. top level

Q10. aranging the neccsary materials, machines, tools, and resources etc. nessecary
for accomplishing organisational tasks happens at?

Ans. lower level of management

Q11. ________ devote more time to organisational and directional functions than top
level managers

Ans. middle level managers

Q12. these managers are responsible for controlling and overseeing the entire
organisation what is the role of these managers ?

Ans. they develop goals, stratigic plans, company policies and make decisions on
the direction of the business

Q13. which level of management focuses on executing organisational plans in

conformants with the company's policies and the objectives pf the top management

Ans. middle level management

Q14. which level of management inspires and provides guidence to low level
managers towards better performance

Ans. middle level management

Q15 givr an example of management being efective but not efficient

Ans. the manager needs the target of production of 500 units by making the workers
wok overtime thus increasing wages electricity

Q16. WHAT IS the concequences of being effiecient but not effective

assicaly means
Ans. at times the busineess may concentrat on producing godds that is cutting cost
but not achieveing the target production. concequently the goods reach the market
and hints the demand for them declines
and compitators enter the market resulying in overprofits this is a case of being
effecient but not effective since the goods didnt reach the market

Q17. the production manage of AB limited empesises on high effeciency without being
effective how desirable is this trial of the manager

Ans. not at all desirable it is important for management to achieve goals

[ effectivness] resource that is as effeciently as possible while maintaining a
balance between effectiness and effieciency ussually high
effeciency is associated with high effectivness which is the aimof all managers.

Q18. A succesful enterprise has to achieve its goals effectively and effieciently
explain?

Ans. a succesful enterprise has to achieve its goals effectively and effeciently
thus management has to see the tasks are completed and goals are achieved with
minimum resource management is thus getting things done
with the aim of achieving goals effectively and effiecently
being effective or doing work effectively bassically means finishing the task it is
in end results is it achieved or not. effecient is doing the work correctly and
reducing the cost if while using fewer resources over benifitis
then effiecincy. it is thus
PLanninhg is the basic function of
it deals with chaocking put a future course of action and deciding in advance the
most appropriate course of actions for achievement of predetermined goals planning
is deciding in advanvce what to do, wen do to
how to do it bridges the gap from where we are and where we want to be a plan is a
future course of actions it is an exersice in problem solving and decision making

staffing:
it is a function of manering the organisation structure and keeping it mannered
staffing has assumed greater importance in recent years due to the advancement of
technology increase in size of business , complicity
of human behavior etc them main porpuse of staffing is to put right man/women on
right job that is square pegs in in square holes and round pegs in round wholes
according to o.donell management function of
staffinginvolves mannering the organisation structure threw proper and effective
selection, apprisa; and deve;opment of personal to fill the rolss desgined
staffing involes
man power planning
recrruitment selection and placement
training and devlopment
renumeration
performance and aprrisal
promotions and tranfer
organising :
it is a rocces of bringing together physical, financial and human resources and
develeoping productive relationship amognst them for achievment of organisational
goods according to henry fayoll
"to organise a business is to provide it will everything usefull or its functioning
that is raw material, tools , capital and personals "
to organise a business involves determining and providing human and non human
resources to the organisational structure
organising as a procces involves
identification
classification of grouping of activities
assignment of duties
delegation of athority
creation of resposibilty
coordinationg authority and responsibilty , relationships
controlling:
it implies mesurment of accomplishements against the standarts and directions of
deviation of any to ensure achievement of organisational goals
88the purpose of controlling is to ensure that everything occurs in confirmities
with the standards and effiecient system of control helps to predict d eviations
before the actually occur according to hariman
"controlling is the procces of checking weather or not proper progress is being
made towards the objectives and goals and acting of neccesary
controlling steps :
establishement of standard performance
mesurment of actual performance
comparison of actual erformance with actual performanc and find out deviation if
any
correcting actions