THE CONCEPT OF MARKETING AND ITS ROLE IN BUSINESS Marketing has been defined as: “The process of studying the wants and need of others and then satisfying those wants and needs with quality goods and services (i.e. products) at a Read More …
Day: February 16, 2021
Change Management
Change Management Organisational change is defined as the adoption of a new idea or behaviours by an organisation (Daft, 2010). The management of change has become a top priority for all managers irrespective of the organisation. Change is now occurring Read More …
Communicating in Organisations Contents
Communicating in Organisations Communication can be defined as the process by which ideas, information, opinions, attitudes, etc. are conveyed from one person to another. Organisational communication is about sharing information with others, listening to and receiving information from all levels Read More …
Teamwork Defination
Teamwork A team, in an organisational context, can be defined as a unit of two or more people who interact and co-ordinate actively to meet a particular organisational objective. A team is more than just a collection of skilled individuals. Read More …
Motivation Defination
Introduction Motivation can be described as the forces acting on or within an individual, which determine the direction as well as the strength of their behaviours. This definition implies that there are four elements to the motivational process: Internal forces: Read More …
Leadership Defination
Leadership A key role of management is to direct and motivate employees to work productively, in order to achieve the organisational objectives that have been set for them. While organisations traditionally focused on directing employees in a top down hierarchical Read More …
Organisation and Structure Contents
NATURE OF ORGANISING The organisation of a firm is closely linked to the planning process; it creates the structure in which the firm fits its strategy. The organisational structure is one of the tools that management uses to get work Read More …
Planning and Control Contents
ROLE OF PLANNING In Chapter 1, the four basic functions of management process were identified as planning, organising, leading and controlling. It could be argued that planning is the most important of these functions as everything else flows from it. Read More …
Evolution of Management Theory Contents
INTRODUCTION TO HISTORY OF MANAGEMENT Management may only have been a field of study for the last 100 years, but management principles have guided how work has been done for over 5,000 years. From the ancient Egyptians, Greeks, Chinese and Read More …
Nature and Role of Management
MANAGEMENT – DEFINITION Management is the process of achieving organisational objectives by working with and through others in an ever-changing environment. Fayol (1916) wrote that all managers perform five main management functions: Planning: Planning is an activity which involves making Read More …