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This can be viewed as collection of people and activities separated by functions that share a common mission. Among the functions in an organization are marketing,production,finance and personnel.Business organizations are in different forms and sizes. It is important to know the nature of each unit so that you,as a potential businessman and as a customer of business products and services can determine which unit best suits your needs.
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It is the management process responsible for identifying,anticipating and satisfying consumer requirements at a profit. Marketing activities start from the study of consumers needs to determine what to produce, where to produce, when to produce and the channel to use to pass the finished products to the final consumers.
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- Managers get things done through others.
- They are always under great pressure of work.
- They jump from one activity to the other,responding to the needs of the moment.
- They spend about two-third of their time with people talking,listening and attending meetings.
- They are always trying to meet new deadlines and new quotas.
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1). Top level Managers - This level is concerned with all the policies and strategies to use in achieving the stated objectives.These are:General Manager, Chief executives etc.
2). Middle level Managers - This level takes the set objectives and translate them into specific projects for the subordinates. These are:Sales, Production and Personnel managers.
3). Lower level Managers - These are directly involved in making the employees to function as they spend most of their time directing and controlling the employees. They are:Foremen and supervisors. -
Arike
A Manager is referred to as a person who make sure that in an organization the workers perform their task as requested. In all organizations, managers work with and through the subordinates.
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- Planning :It is the process of setting and selecting the best courses of action from among the alternatives.
- Staffing :This deals with recruiting qualified personnel to manage the organization.
- Organizing :The management tries to organize the organization resources so that the stated objectives can be accomplished.
- Directing :The management must provide a good direction for the subordinates by giving them supervisors who are to supervisors and guide them on how to perform their assigned work.
- Co-ordinating :These resources (material,men, money,and machines) have to be Co-ordinating.
- Controlling :This will be used to measure the level of achievement if there is any deviation,necessary steps should be taken to correct the decision.
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- Planning
- Organizing
- Directing/Leading
- Staffing
- Co-ordinating
- Controlling
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- Satisfying the needs or wants of the public.
- Creation of job opportunities.
- It provide sources of revenue for the government.
- It create market outlets for the suppliers of raw materials.
- It is also important to the workers by providing them with the personal satisfaction of their needs and comfort in the establishment.
- It contributes towards the economic growth and development of the country and the standard of living of people.
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It is the process of getting things done through other people or it is the process that involves planning, organizing, coordinating, motivating and controlling resources before the stated objective can be achieved.