MANAGEMENT 101 - BASIC BUSINESS ADMINISTRATION / MANAGEMENT

View previous topic View next topic Go down

MANAGEMENT 101 - BASIC BUSINESS ADMINISTRATION / MANAGEMENT

Post  Admin on Sat Apr 25, 2009 4:03 pm

TXT L8R
avatar
Admin
Admin

Posts : 144
Join date : 2009-04-17

View user profile http://gwcbaguio.forumotion.net

Back to top Go down

Re: MANAGEMENT 101 - BASIC BUSINESS ADMINISTRATION / MANAGEMENT

Post  RayMart on Tue Apr 28, 2009 11:48 am

Business Management
101

Management is the systematic influencing of people to help accomplish the goals of an organization and business.

Six Tools of Management
1. Money – financial resources needed to start the organization (cash, capital, income, equity)
2. Man Power – the people hired to run the organization according to its objectives.
3. Materials – the supplies and physical resources acquired to run and test procedures and produce products and services.
4. Machine – equipment and heavy apparatus that process materials using man power.
5. Methodology – the procedures in systematizing all input or output processes needed to realize maximum profit and MBOs.
6. Measurement – the management by objective conducted by M tools and goals.

Four Major Functions of Management
1. Planning – selecting priorities and results towards goals and objectives and how those results will be achieved.
2. Organizing – allocating and configuring resources to accomplish the preferred goals and objectives established during the planning procedures.
3. Directing (Staffing) – managerial activities:
a) Categorizing skills and practices
b) Giving of their job descriptions
c) On the job training
d) Leading individuals, after setting goals, methods of influence should be done, building of trust and managing conflicts.
e) Leading organizations, strategic analysis and effective organization communications
4. Controlling (Motivating) – handling and organizing organization systems, man power processes and structures to effectively and efficiently reach goals and objectives. Activities include:
a) On going collection of feedbacks
b) ----- and procedures
c) Performance management processes and other measures to avoid risk
avatar
RayMart

Posts : 111
Join date : 2009-04-25
Age : 28
Location : Baguio City, Philippines 2600

View user profile

Back to top Go down

Re: MANAGEMENT 101 - BASIC BUSINESS ADMINISTRATION / MANAGEMENT

Post  RayMart on Tue Apr 28, 2009 12:11 pm

Five P’s Model of Dr. Mildred Golden Pryor
1. People
2. Procedures/Processes
3. Purpose
4. Performance
5. Principle

According to Dr. Pryor, the Five P’s model can be called the strategic management model which requires alignment of five variables to improve organization and their operations.
avatar
RayMart

Posts : 111
Join date : 2009-04-25
Age : 28
Location : Baguio City, Philippines 2600

View user profile

Back to top Go down

Re: MANAGEMENT 101 - BASIC BUSINESS ADMINISTRATION / MANAGEMENT

Post  Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum