Principles of Management Question and answer Essay

1 . Management is just as a factor of production along with equipment, materials, and money. Supervision in all business and company activities may be the act of obtaining people together to accomplish goals and goals using readily available resources wisely.

2 . Four main factors of managing are:

* Organizing, Planning needs that managers be aware of environmental conditions facing their firm and forecast future conditions. It also requires that managers be good decision-makers. * Organizing, Organizing may be the function of management which involves developing a great organizational composition and allocating human resources to ensure the accomplishment of objectives. 2. Controlling, Controlling consists of housing, which include creating performance requirements, comparing real performance against standards, and taking further action when it is necessary. * Leading, leading entails influencing others toward the attainment of organizational goals. Effective leading requires the manager to motivate subordinates, communicate properly, and effectively use electricity. These are attempts for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological assets, and all-natural resources.

several. Three types of administration:

* Top management

2. Middle administration

* 1st line managing

4. You will discover three important skills of a manager:


The manager should be proficient at specific tasks. This in turn helps to give you the credibility or knowledge to persuade people to do particular things. 2. Interpersonal expertise

The director has to know tips on how to work with people.


The manager can see the organization overall. In other words, there needs to be some understanding of the organization and what it does and just how it interacts with other agencies.

5. Management is a skill and a...

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