Functions of Management Flashcards
What does the role of a manager consist of?
- motivate staff
- organise staff effectively
- communicate
- organise resources
- delegate tasks and responsibility
- evaluate progress
- plan
What does the effectiveness of a manager depend on?
- skills to lead
- skills to motivate
- ability to delegate
- external environment
- organisational structure
What does a production manager do?
More than just making products, concerned with producting scheduling, purchasing, stock control, quality control and maintenance
What does a marketing manager do?
Market research, development of pricing policies, promotional campaigns and ensuring that the distribution of the product reaches the customers when they want it
What does a personnel manager do?
Concerned with organising people; recruitment, training, performance appraisal, motivation, dismissal, wages and industrial relations
What does a financial manager do?
Looking after the business’s accounts, all reciepts and payments are recorded to ensure the business can meet its financial objectives. Concerned with raising finance and analysing costs.