External and Internal Environments Essay Example | Topics and Well Written Essays - 1750 words - 1

External and Internal Environments - Essay Example There are social, economic, political, legal etc factors that can effect a business environment. It can be analyzed that the two main segments that effect the business environment of Nike are the economic and social segments. Nike is a company based on U.S. which is the most technologically commanding nation in the world with a high level of GDP per capita of about $49800. As the level of income of people in U.S. high they have a good share of spendable income that they use in purchase of consumer goods like shoes. Nike is considered to have the largest market share of sports footwear business in U.S as estimated in 2012. The social environment of U.S. supports the business of sports shoes manufactured by Nike. United States has high rate of urbanization (82%) and an estimated growth of urbanization of about 1.2% from 2010 to 2015 (CIA, 2013). Most of the people in U.S. wear western dresses as casuals. Thus sports and lifestyle shoes of Nike are most commonly used by the people in U. S. 2. Considering the five (5) forces of competition, choose the two (2) that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these two (2) forces in the recent past. A company gets affected by various types of forces like threat of a new entrant, substitutes, existing rivalry in the industry, bargaining powers of buyers and suppliers. Among all, the most two important forces of competition that are likely to affect Nike are bargaining power of buyers and existing rivalry within the industry. The buyers of Nike shoes always demand for better quality of product but at lower prices. The bargaining power of the buyers of shoe industry in U.S is very high because there are various companies that produce shoes in U.S.(Iqbal, 2013). The company has to give various offers to attract more buyers for their products. Nike shoes are athletic shoes and various types of sports companies purchase bulk of their products. The company has to offer negotiable prices to these sports companies. It is observed that Nike shoes are rich fashionable shoes that exhibit the characteristics of luxurious products thus the degree of responsiveness of the buyers to change in prices are very high. The company has various rivals in the market. Companies like Reebok, Puma, and Adidas etc also produce lifestyle and sports shoes so if the prices of Nike shoes are increased to a very high level then it can drastically reduce the quantity demanded for Nike shoes. This signifies that the industry is highly competitive. Nike constantly upgrades their customized designs for lifestyle shoes so that they can pitch buyers on grounds of design and quality. In 2010 the company has introduced a new division known as Nike Digital Sports that has invented a special technology that can track the performance of a user in any type of sports. To lead in the progressing industry Nike has adopted low cost strategies like selling products online. 3. With the same two (2) forces in mind, predict what the company might do to improve its ability to address these forces in the near future. Nike as a firm can attract more potential consumers by making their shoes better in quality and fashion than the other companies. Nike may diversify the range of their lifestyle shoes so that apart from the people who participate in sports, Nike shoes are also

The essential features of prokaryotic replication or Transcription in Essay

The essential features of prokaryotic replication or Transcription in prokaryotes and eukaryotes - Essay Example The essential features of prokaryotic replication Cells are mainly differentiated into two classifications namely prokaryotic cells and eukaryotic cells. There are many differences in these two types of cells as well as the genetic processes that they undergo. Much research has been done on analyzing the genetic process in the prokaryotic cells and this paper will focus upon the prokaryotic cells with regard to the important features of replication in these cells. The prokaryotic cells are small in diameter and their size ranges from 1 till an average of 5 micrometer. The genetic material of prokaryotic cells is distinct in its own way. The DNA of these cells does not lie within a nuclear envelope and this DNA is also not bounded to histones. A distinct structure where the DNA is present in the prokaryotes is present which is known as nucleoid. These cells also possess only one chromosome which is folded many times for it to fit into the prokaryotic cells. Mitotic division is absent and thus mitosis is not a feature of prokaryotic cells. Specialized cell structures which are surrounded by membranes like mitochondria and lysosomes are also not present in the prokaryotes. The size of the ribosomes in these cells is small and is 70 S. The cell wall of prokaryotic cells is stiff due to the presence of peptidoglycans. Replication is a process whereby new genetic material is formed with the copying of the parent genetic material. It is basically the formation of daughter DNA from the parental DNA strand. It is considered to be a process for the production of offspring and this process needs to be carried out in a much regulated manner to maintain the stability of the gene line so that mutations do not occur as they can serve to produce grave consequences. Prokaryotic replication has mainly been studied and understood by carrying out extensive research on the organism E. coli which is a bacterium. This replication has served to open ways for understanding the mechanis ms that occur during the process of replication in eukaryotes as this process is more complicated in the eukaryotic cells. The DNA in prokaryotes is basically round and it has two strands. The initiation point where the replication begins is termed as ori which stands for origin of replication. In different prokaryotes there are different oris which are basically the points where certain double stranded DNA specific proteins attach to certain DNA sequences which are repeated. In E. coli the DnaA which is a specific protein comes and binds to the oriC which is the origin of replication. It is at this point that the unwinding of the double stranded DNA starts to occur. There are many important steps that are required during the separation of the two strands of DNA for replication and the formation of the

Medicinal Uses of Marijuana

Medicinal Uses of Marijuana Marijuana is a second name of cannabis which is prepared from the cannabis plant for the use in the treatment as a medicine and a psychoactive drug. It is a powder of green, brown or gray color which is a mixture of leaves from the plant. Some people use this powder in their food and eat it. Marijuana is mostly consumed for the psychological and physiological effects it causes which consists the following behaviors: elevated mood or euphoria, reduction and an increase in hunger. History of Marijuana Modern uses of marijuana are for recreation and the treatment of diseases and by looking into the history it is been used since the 3rd millennium BC. The rates of users of marijuana were stable till 1990’s but they have risen meaningfully over the same period and according to governmental studies more than 30% of the teenagers are smoking marijuana. From the beginning of 20th century, marijuana was restricted to be preserved or sold for any purpose. The United States told that marijuana is the most illegal medicine, which is used in the world and about 4% of the adult world population is consuming this extremely illegal medicine and around 0.6% of the whole population consume marijuana daily which has many side effects which are discussed later on. Types of Marijuana There are various types of marijuana which are classified into two categories, that are, Indica and Sativa. Marijuana producers often cross breed to change the growing properties of the original. Of the two, Indica is much shorter, smaller, thicker and smelly buds of plants and these produce flowers much rapidly than the Sativas, for example, with flowering bed of 6-9 weeks. Whereas Sativas grows more rational, energetic and taller with greater buds which are not much thick and smelly and takes longer time to produce flower in comparison to Indica, that is, 9-10 weeks. Effects of Marijuana If marijuana’s use is for treatment, it may also cause some side effects concerning memory, learning or behavior of a person. Some people take powder of marijuana and start smoking it which may cause the same coughing and breathing issues which occur during smoking cigarettes. As marijuana is addictive, so many people get used to it so much that they can’t leave it for a day even, this may be because they have started it in their early teen ages. The undesired effects of the drug consist of the reddening of eyes, short term memory, dry mouth and impaired motor skills. Apart from the perception and mood change, there are some common effects which are caused by the drug which are as follows: Increased heart rate and increased appetite and food consumption, Lowered blood pressure and impairment of short term/working memory, Psychomotor coordination and concentration. Another literature review in back year (2013) showed that extensive use of marijuana has various consequences which include medically-based somatic, emotional, communicative and community health and is also addressed of causing diseases of the liver co-existing hepatitis C, lungs, vasculature and heart. It is also used to lessen the effect of sickness and queasiness in chemotherapy and people who have AIDS (Acquired immune Deficiency syndrome), and it is also used to treat pain and muscular spasticity. In another study, it is noted that the increased use of this drug may cause schizophrenia, accidental pediatric ingestions, and lack of wrapping for therapeutic marijuana preparations. The therapeutic concept of marijuana is disputed as the plant fails to fulfill the standard supplies of the approved drugs. Marijuana’s Intoxication The Food and Drug Administration (FDA) of the United states tells that the herb marijuana consists of numerous extremely harmful health effects, and the production, content and source are free. There are only two products whose prescription is approved by the FDA, not for the smoking purpose, and they have pure THC in a controlled amount as an active substance. Smoking this harmful drug can cause fast and foreseeable signs and indications whereas eating this drug may cause slower and lesser foreseeable symptoms. Marijuana causes undesirable symptoms with an increased dose of it like terror, grave psychosis or paranoia which are common in the fresh people who started using it for the first time in their lives compared to those who already have in-taken this drug. The amount which can cause any effect on a person is variable from person to person and the amount of the drug used. Marijuana is accompanied with hallucinogens and many other dangerous side effects which include sudden high blood pressure with headache, chest pain and heart tempo instabilities, extreme hyperactivity and bodily ferocity, heart attack, annexations, stroke, sudden breakdown, that is, cardiac arrest. Treatment and Care Treatment through marijuana can be for the prevention of injury, assuring that the people having ferocious behaviors due to drug. Medicines named as benzodiazepines, such as diazepam (Valium) or Iorazepam (Ativan) can be used for treatment. People or children with harmful and more serious side effects are kept under observation of the heart and brain for their treatment in the hospital. Less complicated intoxication of the drug rarely need medical assistance but serious symptoms needs the treatment by some other drugs mixed in marijuana. When to contact a medical representative If the user of this drug is facing the undesired effects of the drugs like one is having trouble in breathing or he or she cannot be awakened they should immediately contact the doctor. And if something more worse than this happen, for example, the person is not breathing or has no heart pulse then the CPR should be started and an ambulance should be called and the CPR should be continued until the help is arrived. Neurological Effects Of Marijuana In 2013 review, various organizational and purposeful imaging showed that morphologically brain alterations are seen in the users which have used the drug from a long time. Another review in 2010, it was found that that resting blood flow was lesses in the prefrontal areas of the brain in the people who uses marijuana whereas the non-users didn’t showed any such symptoms. It was also noted that the supply of this drug to any person causes the blood flow to increase and also facilitates the beginning of the anterior cingulate cortex when the users of this drug were provided with the assignments which required the using of cognitive ability. The reviews showed that the studies were not fully examined and they had methodological limitations, for example, they had less amount of sample and they were not able to differentiate between the marijuana users and the alcohol consuming people. Physiological Effects Of Marijuana According to the drug abuse institute, the effects of the drug on mood vary may also includes calmness, anxiety and paranoia. Getting stoned is the purpose that most of the drug smokers use this drug. More short term emotional effects are: distorted sense of time, paranoia, mystic or casual thinking with short term recall loss, anxiety or hopelessness affecting the lives of the users. Although these symptoms are eased down after a few hours of intake of drug but the remaining effects may last for several days. Risks of Marijuana’s Use The risk of using this drug increases with the amount of the drug in-taken. Many doctors say that heavy smokers of the drug are at an increased risk of lung cancer. Heavy doses of the drug lessens the men’s testosterone levels and sperm production and their quality and it also affects the libido and fertility in heavy smokers in men. On the contrary, many of the users say that marijuana is addictive psychologically. Among various individuals can face the withdrawal symptoms if they can’t get high when they are willing to do so. The dependency rate is higher in heavy smokers. Experts also believe that the drug is addictive physically but it’s withdrawal symptoms includes a list of which some are mentioned: Aggression, they become aggressive so much that they can be harmful to other people nearby, Anxiety, people faces anxiety, Depressed mood, they do not feel like doing any work or they do not want to talk to anybody, Decreased appetite, they do not feel like eating anything, and much more. And once one has had the taste of marijuana he goes on to another drug to taste it, therefore marijuana should be used under highly strict environment and only for the purpose of treatment.

An Open Letter to Black Parents Essay

In renowned sports figure, Arthur Ashe’s, â€Å"An Open Letter to Black Parents: Send Your Children to Libraries,† he talks about the fact that a college education is more important than the perks of becoming a professional athlete. While attending UCLA, Ashe came to the conclusion that African Americans were more caught up in the hype of one day becoming a professional athlete, rather than obtaining a lasting college education/diploma. Ashe believes that African Americans should â€Å"re-write† their persona into one of profoundness and professionalism. Arthur Ashe states that the role models of the African American society are primarily composed of athletes. Therefore, the young children in that society tend to model themselves after those people. Instead, Ashe wants to have those role models spread a message that a college education is far more important than being a professional athlete. For example, Ashe has stated many times to high school students that, â€Å"For every hour you spend on the athletic field, spend two in the library.† These words are a very powerful message, especially to young adults still searching for their call in this world. In conclusion, although Arthur Ashe may be recognized as one of the greatest tennis players of his generation, his college diploma from UCLA is his proudest moment in life.   In Richard Rodriguez’s â€Å"Complexion† he talks about the racism he experienced as a child. Rodriguez places a lot of emphasis on rhetorical devices throughout his essay. The rhetorical devices that Rodriguez primarily uses is, description and symbolism. Through using these two rhetorical devices, Rodriguez is able to relate to the reader in a more personal level, in my opinion. Through description, Rodriguez is able to elaborate on certain details. Through using symbolism, he expresses the  emotions and feelings that he feels. Richard Rodriguez writes this essay in order to inform people of the racism that he has experienced. Since Rodriguez was the one experiencing the racism, his essay coincides nicely with the rhetorical devices that he chose. Rodriguez is of the Mexican culture and he recalls times when he was a kid where he was being discriminated. Rodriguez writes that as a young child he was insulted and name called for being of the Mexican culture. He writes how he would never retaliate with another insult back because he would be so embarrassed. The reason as to why Rodriguez was being discriminated was because of his â€Å"complexion.† Through reading this story, it is just another example of how ignorant people are. There are many stories about how people have been discriminated against just due to the fact that they are from a different culture. Richard Rodriguez did the right thing in not retaliating or doing something stupid, in order to not suffer any consequences. Summary: â€Å"Don’t let Stereotypes Warp Your Judgments† In Robert Heilbroner’s, â€Å"Don’t let Stereotypes Warp Your Judgments,† he talks about the affects of stereotyping. Heilbroner discusses that stereotyping is evident in just about everywhere we are. The affects that stereotyping has on a person, as stated by Heilbroner, is it makes us lazy thinkers, and is harmful to those whom we are stereotyping. Heilbroner’s suggests that people who stereotype, do it â€Å"because it helps make sense out of a highly confusing world† (Heilbroner 373). This makes sense because we try to come up with answers to things we do not understand. Another theory that Heilbroner suggests as to why people stereotype, is because we are raised with a certain mindset about people. In his story Heilbroner gives the reader three ways to get rid of stereotyping. His first suggestion is to â€Å"become aware of the standardized pictures in our heads, in other people’s heads, in the world around us† (Heilbroner 374). The second suggestion is that â€Å"we can become suspicious of all judgments that we allow exceptions to prove† (Heilbroner 374). And lastly Heilbroner  suggests that â€Å"we can learn to be chary of generalizations of people† (Heilbroner 375). After reading Robert Heilbroner’s essay, I became more aware to the large amounts of stereotyping that occurs in today’s society. Although I was already aware, stereotyping not only has a negative effect on the person stereotyping, but on the person that is being stereotyped. Through stereotyping, one opens up a path that encourages horrible things such as racism and ignorance.

Art Opinion

When the word â€Å"art† comes to mind, I think about a painting. I think about the colors blending together to create an image. However, thinking a little more I think about a sculpture and its smooth, about the story and emotions it expresses. Art in general for me is something beautiful and expressive. Although beautiful as well, I never thought about architecture in the category of art until this week’s reading. In this week’s reading about the Parthenon, it is interesting to learn the background of classical Greece and the great efforts that were made to create art in order to reflect the greatness of Greece. All throughout, the Parthenon has been referred to and analyzed as a work of art. At first, I thought it was strange because I would never think of a building itself as art. I was just saw see it as some physical location. However, I realized that my definition of art might have been faulty. I realized art can be any product of creativity that was meant for one to observe visually and analyze. It was meant as a means of expression. The Parthenon, in my opinion, definitely falls into that category. In the reading Art and Experience in Classical Greece, I learn that the Parthenon incorporates different modes of art from architecture to sculpture deliberately for political, cultural, and religious purposes. It is a reflection and â€Å"glorification of Athens as a political power and cultural ideal† (Pollitt 65) through its grandeur. Such grandeur is evident in things such as the â€Å"thickening of its corner columns†¦and the curvature of horizontals† (Pollitt 66). Each part from the columns to the sculpting on it seems to have a purpose. I think especially for its time as J. J. Pollitt appears to be conveying, this was and still is an impressive work of art.

Looking Beyond the Surface at Raymond Carvers Cathedral

It seems in life that we often look at things without really seeing them. Raymond Carver demonstrates in â€Å"Cathedral† that looking is associated to physical vision, but seeing involves a deeper level of commitment. The author is making the point when you put yourself into someone elses shoes and allow yourself to see things the way they see them, it can be the most rewarding and eye opening experience. During the exposition, the narrator shows that he has no problems with eyesight and he is capable of looking. The narrator is not blind and thinks that because he can see he is better than Robert. Because of Robert’s physical blindness the narrator thinks that he is not able to have any kind of normal life. The narrator believes that the ability to see is everything, and puts no effort into looking and seeing anything beyond the surface. He looks at his house, wife, television, and at Robert when he arrives. How ironic is it that Robert, the blind man, has the ability to see on a much deeper level than the narrator? For example, even though Robert cannot physically see the narrator’s wife, he understands her a lot more than her husband. He has truly listened to her during the past ten years on the audiotapes she sends him. The only interactions shown between the narrator, the protagonist, and his wife are short exchanges in which he seems to get on her nerves. It is dem onstrated in this conflict by Robert, the antagonist, that seeing involves a lot more than just looking.Show MoreRelatedAnalysis Of Raymond Carver s The Cathedral 863 Words   |  4 Pages One of the Raymond Carver story where we can find a lot of religion symbols; it is â€Å"Cathedral.† The story develops an ironic situation in which a blind man teaches a sighted man to truly â€Å"see† for the first time. Near the end of the story, Carver has these two characters work together on a drawing of a cathedral, which serves as the symbolic heart of the story. The cathedral represents true sight, the ability to see beyond the surface to the true meaning that lies within. The narrator’s drawingRead MoreMinimalism by Raymond Carver Essay3013 Words   |  13 PagesLiterary Criticism Minimalism by Raymond Carver English 210 P. Fishman Research Paper Literary Criticism on Minimalism by Raymond Carver Raymond Carver was a master of the short story during the mid nineteenth century due to his unique minimalistic style. Carver has his own artistic signature when it comes to writing, he tells his stories usingRead MorePersuasive Essay804 Words   |  4 PagesPersuasive Essay In 1983, Raymond Carver introduced his short story â€Å"Cathedral† to the public. The first-person narrative takes place within the narrator’s home, where his wife is waiting upon the arrival of her blind friend Robert. The narrator, however, becomes more concerned about how Robert’s visit will affect him rather than enjoy the situation. Once Robert arrives, the narrator tries to understand the blind man, but he is unaware of what tasks Robert is capable of performing due to the narrator’sRead MoreAnalysis Of The Story Cathedral By Raymond Carver1305 Words   |  6 PagesStory â€Å"Cathedral† by Raymond Carver is about true blindness and the effects of emotional contact. Peterson studies the use of determiners, a and the, that refer to the blind man in the story and its effects to establish the atmosphere of the story. He states that the change in determiner seems subtle, but these subtle changes are significant because the changes show how na rrator feel about Robert throughout the story. Nesset studies the sexual polices and the love lives in several Carver’s storiesRead MoreAnalysis Of The Book Carver Essay1867 Words   |  8 Pagesauthors hide deep meaning behind their writings that can be difficult to catch. Authors will use symbolism to tell a different story. A period of their life could affect the way they write and you can see that as a reader if you pick apart the story. Raymond Carver is a great example on how a period in his life affected his writing. Carver was going down a dark path which readers can see the affects of this period in his life in his writing style. It took Carver some time to find his sense of hope againRead MoreThe Meaning Behind Seeing By Raymond Carver1767 Words   |  8 PagesThe Meaning Behind Seeing In the short story â€Å"Cathedral† by Raymond Carver, there is a very insightful message spoken about the true definitions between having sight and being able to see. The story focuses on three characters, and they each have emotions connected to one another, whether it be trust, jealousy or compassion. These characters include a blind man named Robert, the narrator who is unnamed in the story, and his wife who also does not receive a name for the story line. Each of theseRead MoreThe Cathedral By Raymond Carver1758 Words   |  8 Pageswhether that meaning is obvious or not is up to the readers’ interpretations. In some stories, that meaning hides behind a character, how that person acts, thinks, or express themselves and how they change throughout resembling growth. In Raymond Carver’s â€Å"The Cathedral†, the unnamed husband narrators the tale of his wife’s old blind friend Robert coming to visit after not seeing each other for years. They ha d remained in contact through audiotapes, but the husband seems to not understand the significanceRead MoreAn Analysis Of Raymond Carver s Cathedral1794 Words   |  8 Pages A Cynics Enlightenment Raymond Carver’s short-story Cathedral is outwardly about a pessimistic man, whose wife’s blind visitor named Robert changes the narrators predisposing perception of the world and awakes a new view on life in the process. But inwardly, the story is about the desperate need for connection between these three characters, which isn’t feasible do to the emotional-detachment by the narrator. In the beginning, the narrator is hindered by his prejudices which doesn t allow him

Management Functions - 1036 Words

20 April 2013 Rebecca Fuller How Your Managers Can Contribute to Organisational Performance The ‘Four Management’ Functions * Contents Page 1.0 Introduction Pg. 2 2.0 Management Functions Pg. 3 3.0 Example 1 – RedBalloon Pg. 4 4.0 Example 2 – Best Buys Pg. 5 5.0 Conclusion Pg. 6 6.0 Bibliography Pg. 7 * 1.0 Introduction This report attempts to evaluate the ways in which managers can contribute to organisational performance. It uses the works of Henri Fayol and the ‘four management functions’ and considers how two companies; RedBalloon and Best Buys may use these in their organisation. The Oxford Dictionary (2013) deï ¬ nes a Manager as a person responsible†¦show more content†¦Such changes to a long standing large-scale company shows that the four management functions all would have been utilised. However we will look at the remaining two that have not been yet covered in the previous example; Planning and Leading. Best Buys changing their daily function from flexible ROWE to full in office work days highlights the use of defining organisational goals and strategies, coordinating daily activities and setting benchmarks for employees which will help the organisation monitor and evaluate efficiency. Best Buy management will need to continue to keep team members efficiently meeting their performance benchmarks just as they did when it was a ROWE. Now that the team members will be in the ofï ¬ ce in a more structured set of hours it seems that the management personnel will have a greater opportunity to be leaders in their day to day role. Management may ï ¬ nd that they will utilise their conï ¬â€šict resolution skills more now all the employees with be working in office for longer periods. Also the communication channels that may have been effective in the past with the old working conditions may not suit the new one. * 5.0 Conclusion There are manyShow MoreRelatedManagement Functions And Functions Of Management1304 Words   |  6 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these four functions (123helpme.comRead MoreManagement Functions And Functions Of Management Essay1529 Words   |  7 PagesAssessing Management Functions List the four functions of management and provide an overview of their purpose for the organization. The four functions of management are planning, organizing, leading, and controlling. The planning function establishes a way to attain the desired objectives, resolve issues and facilitate action. The purpose of the planning function is to align the vision, culture, employees and the organizational structure with the strategies, and this involves multiple levels acrossRead MoreManagement Functions And Functions Of Management860 Words   |  4 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these four functions (123helpme.comRead MoreFunctions And Functions Of Management1113 Words   |  5 Pagesprimary functions involving management, which are considered the very life line and it’s existent. These four functions are instrumental and detrimental to the success and longevity of any company. Without these vital staples, a company is doomed before it is birth, and they are planning, organizing, leading and controlling. However, there is another essential component to the functions of management, and it is the importan t of diversity. In this paper I will identify the detailed function of theseRead MoreManagement Functions And Functions Of Management812 Words   |  4 Pagesinclude problem solving, facilitating meetings, and many other routine office tasks. Management is the process of working with people and resources to accomplish organizational goals. Good managers do those things both effectively and efficiently. (Bateman Snell, 2004) However many of these tasks should not be duplicated by a group of individuals. Different people can take on parts of the management function. Someone on a team can take care of the planning, while another person does the budgetingRead MoreFunctions And Functions Of Management Functions995 Words   |  4 PagesManagement functions are defined as â€Å"the ways that managers are grouped within an organisation to achieve specialist tasks† and refer to specific areas of practice that involve only a small group of managers who, usually, need particular training or experience and belong to relevant professional organisations. There are five major functions in most organisations known as â€Å"big five† (Smith, 2011): marketing, concerned with promoting and distributing products; operations, which involves the transformationRead MoreFunctions And Functions Of Management1119 Words   |  5 PagesUnderstand the role, functions and processes of management Management is the act of engaging with an organisation s human talent and using the physical resources at a manager s disposal to accomplish desired goals and objectives (set by the stakeholders of the organisation) efficiently and effectively. Management comprises of planning, organising, staffing, leading, directing, and controlling an organisation (a group of one or more people or entities) or effort for the purpose of accomplishingRead MoreManagement Functions And Functions Of Management1823 Words   |  8 Pagesuse of available resources. A manager performs the basic functions of management, which are planning, controlling, organising, staffing and leading to accomplish the goals of the organisation (Drucker Maciariello, 2008). Organisational performance is largely dependent on the quality of leadership established by the managers. A manager has particular leadership qualities that make them effective in execution of their duties. Management refers to the process of coordinating the activities of aRead MoreManagement And Functions Of Management1063 Words   |  5 PagesManagement in business and associations is the capacity that facilitates the endeavors of individuals to achieve objectives and targets utilizing accessible assets proficiently and adequately. Management includes planning, arranging, staffing, heading or steering, and controlling an association to achieve the objective. Resourcing includes the arrangement and control of human assets, budgetary assets, innovative assets, and regular assets. Administration is additionally a scholarly teach, a socialRead MoreManagement Functions1016 Words   |  5 PagesManagement Functions Contents Page Introduction 1 Forecasting 2 Planning 3 Organisation 4 Control 5 Co-ordination 6 Communication 7 Motivation 8 Conclusion 9 References 10 Introduction Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer, later moving into research geology for Comambault. The company was struggling however, Fayol