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Principles of Management

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Principles of Management

Uploaded by

Jithindas KR
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MANONMANIAM SUNDARANARUNIVERSITY

QManoimanlan Sundaranar University


Reacoredted wth kGade (ooex313 Ou o&t)by NAAC (d Oyk
Centre for Distance and Online Education
Trunehvel -627 012. Taminadu Inda
Assignment Response Sheet
Student Name: UHAMNED SAVAO P
Program :BACHELOR OF COMMERCE Specialization
Enrollment /Ref. No. : A QAg0100600060
Subject: PRINCIPLES OF MANAGMENT Semester : I
For Office Use Only : Marks
Assignment 1 Assignment 2
Name of Evaluator

Signature of Evaluator
("Both the Assignment for the Subject to be Submítted in same response sheet)

Funclions of mapagemeot
monogerent i3 tbe pzacess of plaoppg0zgaDiziDg, leacliog, a0d
acbive 1s goals cectively and emienly The Coze unctans
of acageDept a Qssena ba bs achilvig the desixed aaBcome s
and onstizing he omooth 20n0i0g 04 ah 07goDiza4on. These
Rupclion oe iok dgeladeo and beyp fo the ovezál oleve IoproeoA and
Scucess of the 0zg0pi2ahoD Belouw Qe the yoxios Quoction 0f

Ploroing
plonniog is 4he ast and Dost CaiiCal unction o managem
eot il in Jolyes belliog goals, dleoiog objectives aod dele doicry
Pzavidesa cleag cdigecHonto the QnguniSation.
goals
loroing
tuic oogezs o allorake zes0uaces epfecfively and
ookapde olackal chaltenges
e Key Achivities in ploooiog
o Dehioog ozg9Di2aio goals ancd objiectyes
o Deyelopbg Staodegies do achie dbose goals
o loegliyi teso0aces needecd and assigptog espoDsibilitics
ogecastiog Potertiol zisks ood abstarles
o EsBoblisbidg timelines arcl milesdooes
Ecaople iA Caopany rooy
may plan its Madkeding Stzaiegy o
the upranoitg yend by Seing Specilhic Sales ongeBs."
identiyiog she tazget ouclieDceand allocaing bácdgets Pod
aceziSing
Ozgonizing 7eers to aazorgig zesou~ces ond tasks ina
Siauctu~ec tuay 40 achiev he azganizaigr's qoals
Dualves deenioiDiog ubat tasks Decd to be done
tubo ulL cdo thorn baa t0 tosks il be pezoZmed ood
URze lecisBons euill be macde. Osganiziog
03g00DiziDQ eOSuzes tbad
XeS0tLZCes- both hurmon and oalbziolue sed eficieoH9

o key ociviis in ozgozing


oDehioio zol2s ond 7espo0sibilies
Czecdin o staucluze or zepobting and acthoz
o Allocoting zesou zeS, Suchas iodhcesmnpou,
o.Cocrlapo4iog Basks
lask) aczo ss olepaztroeot 02 teami
o Esiobisbioa a tuo2k flocw ood clistzibution of tosles
Eomple : Io a Ioana factcazing Company 07g0oizing
niog zoles ond eosu ig that dhe Procloction line
is öcle uaBely stafed and qcippecd.
Leaclog
LeaclingioValves noolivaling. Quiclog nd Supeyisiog
Cnoplayes to ensuge they s ucZkDg touagds the
zqooiz0Aion's objecBs. HDcudes Coroouoicatiog
leobezship olecision- makiog and iodeptasonal Skills to
iDspize employees Qnd ostez a positiye uotk enviZADmet
gocd Ieadle7 aigns deorm eftots (uilh the 0ggoni2adion's goals
key Acivilies io Leacliog
o Pzovicling clênecAion ond wision to the team
CoromuniCling ozgaoizadicna goas and erpectaioDs
o ResclvOg Coo `icas a0d aclcyesiog gzieyonces
ostegtod teom euodk ancl Colla bagation
Eonople eA moDg01 mHi Vatiog eoplogees to _ochieve
bigbsales by etognizig thcii etoals Prouichog
Peecl bock apd Czea4i0g ncentives pz pezozroonce

Coozclioatog
CoogoinoAion is a0 eSseohal funcion bat ibvclyes
Osusing HbaB all pazts Of Ahe angani2akion CuoIk togethe
SIooAhi a0d in aignrMen! uidh Ahe O.ggoi204ion's tbecBves.
if balps to baaoooie actiuities octoss diaeot cepoat mert
clupliated
key
o Ensuiog oflectve Comnani oHon btcueen olepazt oeots
o Reschvin& ConlKCts botsueen dlepottroent 08oA. InclNicduas
fromple : Ina pzoject Aaro he pzçect noangaá enstuzes thot
Ahe madkelig Aoante, a0d opaakion deraziroents ase cuOkiDg
iD bazmony to launch a Deu pzocluct on time

Sioting inulyes gecgCiling , selecting. tzaioing and oleuo loping


Enoployees lo4o e05uz0 tha he igh peope &e io the zight
Po sttion do meet ozgonisadionad goals i aso incocla s assesig
the uokÎomce peg fornonte.clevolopiog 3kil13 2 and ensuziDg
employees ats ocleguodely moivaleo o Satiskecl cuith
theig 20les

key Activities io SAafing


Ideot yiog human ZeOUIGe ne2cls
Tzoinng onc olevolepmnt
pezfozrbne oppaoi Sål aod Roed back

EampleA Company toocutling zetuinent daves


oftediog Azioig p204 20r05 fos Veoplagoe cleuelap ment
aod esUZiDg that eroplogeps anl plaed in Z0les that
Match theiy
DrGision makiog
ubile decos/oD.-makiog is often Coo3ice zed a_pazi o all
the mnagemeot unchlons lt l5 50 Czihicol that ode3esUes
3periol onhion oonageas Maut oake olecision at euezy
tevel oHhe ongani2aon
koy Actiuikies io Decisico makiog
o lodeoliin Pzoblons ond oppoziouoiies
o.Eualualibe dert e0t ol4eDa4iyes.
maZkelibg olecisions and oroployrnenhinq therm
Erample A mamgei olecicling oo the bast maglzeding
Sfzatepy bo apzdock Iaaoch ofle cansicdexing
olitezen Dazkelin9 chonnals budgets. ono 4azeS
OucioDces

Cooclusion
The funchions ot oonh inent plonning og001zing.
Coot 2oliog. (oozcioaipg Boting ancl
anc olBcisioH makihg leocling
ond otecively these hochion belps mapaeas gunole {hein.
teacos llocot zesouzceS, make ioo gon oleision
aod eouTe that the 0sqpnizaion Yemabi0g a0 4zack:
totuoads Hs objctives
2 Cha20 clegistics of Orgoozi}
29a0i2i0 is
is o0e unclions oof aaet
one 0F the key furocions
tbãB inuàlves az nCLDging XeS0zcOS, tasks, Qnd acivities in a
sfacActuzec noChne 40 ochieue 4he zg0.nai20)i0n s gocuS
Cietiv ly and etiCi eotly. ILIS the paotes of C2eOHig bo
02ganizd Caomoog cuithin uich the ozganizaX:on Can
Rockianond qotu:
One of AhefurdameoBal ChoacteZistics 0 ozgaDi2iDg is the
oliisioo0 cuonk Qrmong iodiyiduaIS and toams By
oliving tasks into specialized ales, o19ani2iD4 ensuze
that employeps foccus o0 specific tos.ks they o Skileclat
Producivits anc pficieocg
Int26sing
Exomple Io aMana faciAZiDg Conopany. clividiog tosks
oolaol
055 embyqaality Cootsol
betueen ass d packaiog aloas
uode1S do locis on speipc paocesses e0sa~ing bi·h
Pzockucity

Coozdioioo o AcAivties
Orgoniziog e0sue bat au acivies cuitbio Ahe 02gcDi204100
O Cootoioa4ecd. (30 Dcliadion xe face to the ai¡nmof of
Vazious acvidies fo achive CoMmon
Cxarople :I0 a pooject. bc xclixtion heoante_Maakeiino
Cauciad foz ensuziog tbad 4he
Pzocluct is laanched Succes fauiy onod on time
ID he rqODizi0g Process selated a3k
92oupecl ogbBt 4o oano clepa toeot ox uoit These ocps
boseo orO 5uchas facto S0ch as erticn Pzudac
Sine

Eocancple A2elail Ozgori2aho0 my hove dersneot olepasB oeot


Such asmodkeliog. Bols, Acance and bunon Yes HCeS,ces,cuth
fach olegtgent ocusing oo specipic fuocioo5 tuithin
line Organizalion

leocls 4ode Coolion O a


SA2ucduze tuhich aDre eot dhe
xeladion
zeladi on sbips btween
olelteat z0lecdepozBep and eooployes This stzuc4uze
Qudines the flow 0f albocuzilyooMunialion, aoo docsion
Oakiog Pzocess
Eomple Atangpanis dggpni2alianal chag Visualy elisplcays
tha biezazcbi abat) he gealionshjp betuwten dehBent
levels of marggermeof and onployees

x lecciblidy
wbile nqpoizing Provicle3 o sluct utec Prame wotk
isech
il olso chaaofie
bussiness enviToomneot,echboo aq4
bybË lecibilt ly change) iO the
May quig aljineot Ogoni2atiooal aucduee
Exanople : o b aa fast OoViog echbrology Company
Orgoni2iog the teanos az0LuNo Clecible pzoject basecl
5auc tues allo therm guickly adiest do new procluct
Yeuizoernt maiket conoikíons
Dovelopmar a Ozgoni20Aional Roladioosbips
esablisheol the zelktianship belowee0)Individals
g0ps wilh in the 0g4a0i2aHi 00. 1A dleline bow
Eoplay/aes uill Integact_, Callo oz0de, aod tommunitaBe
uith eoch ohe
Eocomple Io a Compary the zelaticn ship
SegVice
hetutén Customeg Suppoz4 a0dtechoico! keoms ls.
Oz9ani2ed to ensuz SMDo4h Commuoi tadion 0d Pzoblom

Conelosion
Io SomnAy 0zq0niiDg is a ial Roci00
that stctazes Aod az2aDgts eso Luzt) Qod acti Vitiey
in a PPficiont aod erfective Yuag do achive
O7ganin0dforal
Aoals Tha kag chanactzisic at 70ni2ing, Soch 'as oiuis19n
& Gu0Zk, Cdovdioaion authoziks odaspansibili4q Gaoupim
Of ackiye s foZool Skauctune es0u3se uli2a Hion, fleribilik
Ood the developrnent ot zclaBion Shin
Sbip gt Contibate to
Cosuzig dhal dhe azgnizadion EuocdiooSmeo thiy and achives
ochiuer
Hs obibcie s. pzope a 'ongonizinq laq the oudadion os the
Suctealu) implerneofatió0 ostastgtes ond the achilemebt

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