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lord [1]
3 years ago
11

Define the concept management from functional perspective and clearly explain each of its

Business
1 answer:
Wewaii [24]3 years ago
3 0

Answer:

Management refers to the ability or art of setting objectives, organizing, motivating the people resources, devising systems of measurement, and building human capacity towards the attainment of all organization objectives.

Explanation:

1. Defining Objectives: This flows down from the Founder and Chief Vision Officer. The objectives of an organization is the purpose for which an organization was set up. An example could be to give people living with a disability the opportunity to live inclusively, attaining their highest selves.

2. Organizing: When objectives are taken and put in form of goals, these goals are devolved through to management in the form of achievable tasks who then delegate them to staff. The process of ensuring that each staff know their tasks, who they are accountable to, and work together harmoniously is called Organising.

3. Motivating team: It is not enough to have human resources. It is critical that they be willing to work together, harmoniously and happily. This way, the company enjoys the highest performance possible.

4. Defining Performance Indicators

What is not measured can not be managed. Performance Indicators are systems of measurement that enable the organization to keep track of whether or not the goals are being met and in what measure they are.

5. Building Capacity

Organizations that build leaders the fastest are the ones that win. Building human capacity is the equivalent of upgrading machinery or opting for higher manufacturing technology in the industrial age. People are able to solve problems to the extend that they know how to. The more they know, the better and faster they are at solving such problems. Hence, increasing organizational competency and effectiveness.

Cheers

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3 0
3 years ago
Capital inflow equals:
Umnica [9.8K]

Answer:

c. the total inflow of foreign funds minus the total outflow of domestic funds

Explanation:

Capital inflow equals the total inflow of foreign funds minus the total outflow of domestic funds.

Inflows of foreign fund occur generally in a country by selling goods and services, shares, etc to outside of the country and similarly, the outflow of domestic funds occur from a country through purchasing of goods and services, shares, etc from outside countries and<u> differences of these two called as Capital inflow.</u>

4 0
3 years ago
Aubree Blake is a politician who leads campaigns for organic foods in the rural counties of her country. Several farmers in diff
Mariana [72]

Answer:

A. People marketing.

Explanation:

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8 0
4 years ago
Fizzy Drinks Inc. decided to generate new sales by being the lowest price competitor in the soft drink market so as to attract c
Keith_Richards [23]

Here, the company objective does best reflect the competitor-oriented type of pricing.

The process of fixing/determining a product price is very important in an organziation because it takes into consideration the cost incurred and profitability.

The competitor-oriented type of pricing is a pricing approach that considered its pricing based on other competitors price.

Therefore, the process of Fizzy Drinks Inc in deciding to be the lowest price competitor in the soft drink market is an example of competitor-oriented approach of pricing.

Read more about this here

<em>brainly.com/question/13915808</em>

8 0
2 years ago
For what type of financial aid can you apply through the FAFSA?
Delvig [45]

Answer:

You use it to apply for Federal student financial aid, such as grants, loans, and work-study.

Explanation:

Hope it helps and have a good day

8 0
3 years ago
Read 2 more answers
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