Business - management and change

Business Studies HSC Topic 1: Business Management and transpose Management exercises: 1.Inter individualised role: component relating to pile inside and removed the organization. Managers moldiness communicate with the people around them. Negotiating and compromising with all in all stakeholders. 2.Informational role: Access to info. through with(predicate) setting up a MIS (Management Info. System). Organize the info and follow up it on to the relevant people. Act as a spokesman to the public. 3.Decisional role: choices wear to be made by managers. They act as disturbance handlers, negotiators and option allocationers. Skills of management: People skills: the ability to communicate, negotiate, lead and delegate. They essential wee good listening skills, provide feedback, disciplinary skills. Managers must have strategic thinking, vision, flexibility and adaptability to change. Must be self-managing, teamwork, mellow personal standards and ethical. Responsibility to S takeholders: Internal: Shareholders: * submit dividends *Keep them informed *Be ethical/moral Employees: *Provide full working surround *Reasonable wage External: Government: *Abide by the laws * even off tax *Use Australian products/ good *Employ Australian citizens. Customers: *Provide safe product/service *Warrantee *Instructions/ingredients *Fair/reasonable price Suppliers/creditors: * collapse on time *Provide feedback *Notify if you cant give in them *Abide by terms and conditions Society: *Provide drill *Provide goods/services *Be responsible in development resources - future generations Environment: *Waist management *Recycle * prove sustainability Reconciling conflicts of interest Conflicts exist amid stakeholder and resolutions must be negotiated by management 1.

Employee vs Shareholders: Shareholders indispensability increasing do good provided employees want increasing wages Resolution: negotiate wages. return the employees the election of becoming shareholders. 2. Environment vs profit: Being environmentally responsible cost money Resolution: Recycle. Use it as a marketing strategy. Management Theories: Classical Scientific: * imperious *hierarchical - pyramid *Division of labour *Specialisation * focussing on planning, organizing and controlling *Task centered *From top thoroughfare communication StrengthsWeaknesses Increased productivityBoredom resulting from production line approach stress on promoting efficiency and waist productionNeglects the... If you want to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay