Business Studies, asked by Mini2111, 7 months ago

describe different management thoughts and practices.explain various roles, functions and responsibilities of manager. highlight the advantages and disadvantages of planning​

Answers

Answered by kiran7490
0

sorry cannot give the answer because of exam

Answered by santy2
0

Answer:

DIFFERENT MANAGEMENT THOUGHTS AND PRACTICE

Management thought is the gathering of knowledge about the origin of management

Management practice include:

Authoritative management practice- where all the direction comes from the manager

Collaborative management practice- this is where there is team work and the manager include the Juniors in decesion making

VARIOUS ROLES, FUNCTIONS AND RESPONSIBILITY OF A MANAGER

Managerial roles are the type of skill required for successful management and they include:

a) Interpersonal skills for example the manager should be a team leader whereby he can give instructions and others follow

b) Informational skill - a good manager should have information about the organization and should know the mission and the vision of the organization

c) Decisional skills- A good manager should be able to make good decisions that will bring about the success of the organization

FUNCTIONS OF A MANAGER

Managerial function refer to the process used by managers to achieve business goals

Functions of a manager include:

a) Planning - Managers decide how best to achieve a desired outcome

b) Organizing- The manager determine which resources are required for effective running of the organization

c) Leading - The manager should be able to direct employees

d) Controlling- The manager monitor and evaluate how well the outcome are aligned with business goals

RESPONSIBILITY OF A MANAGER

Managerial responsibility include:

a) Maintaining staffs

b) Ensuring a safe, secure and legal work environment

c) Develop personal growth opportunities for the employees

d) Accomplish departmental objective

ADVANTAGES OF PLANNING

THE advantages of planning include;

a) Planning gives an organization a sense of direction

b) It focuses attention on objectives and results

c) Planning establishes a basis for team work

d) It helps anticipate problem and cope with change

e) Planning provides guidelines for decision making

f) Planning enables better utilization of resources

DISADVANTAGES OF PLANNING

The disadvantages of planning include;

a) Planning has a tendency to make administration inflexible this promoting rigidity

b) Planning can give false sense of security

c) Planning is time consuming

d) The cost of planning is very expensive

e) Poor planning leads to misdirection and hence it affects the performance of an organization

Explanation:

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