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ORGANIZATION & MANAGEMENT MODULE 1 Lesson objectives: As you read and study module 1, concentrate on the following objectives: 1.Discuss the meaning and functions of management; 2.Explain the various types of management theories; 3.Explain the functions, roles, and skills of a managers; 4.Understand the basic concept and theories of management; and 5.Apply management theories and concepts in solving, business cases. NATURE AND CONCEPT OF MANAGEMENT All organizations - public or private, large, medium size, or small, profit or nonprofit needs good managers in order to accomplish their goals; that organizational management is definitely, not an easy task; and that coordination, efficiency, and effectiveness are required to carry it out. LESSON 1: DEDICATION AND FUNCTION OF MANAGEMENT Management is the process of coordinating and overseeing the work performance of individuals working together in organizations, so that they could efficiently and effectively accomplish their chosen airs or goals. It is also defined as designing and maintaining an environment for efficiently accomplishing selected aims. 1
Answer: Management Explanation: Management comprises planning, organizing, staffing, leading, directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. One of the most important duties for a manager is effectively using an organization's resources. Management is the process of coordinating and overseeing the work performance of individuals working together in organizations, so that they could efficiently and effectively accomplish their chosen aims or goals. It is also defined as the process of designing and maintaining an environment for efficiently accomplishing selected aims (Weihrich and Koontz 2005). Management functions include the following: PlanningInvolves determining the organization’s goals or performance objectives, defining strategic actions that must be done to accomplish them, and developing coordination and integration activities. OrganizationDemands assigning tasks, setting aside funds, and bringing harmonious relations among the individuals and work groups or teams in the organization. StaffingIndicates filling in the different job positions in the organization’s structure; the factors that influence this function include: size of the organization, types of jobs, number of individuals to be recruited, and some internal or external pressures. LeadingEntails influencing or motivating subordinates to do their best so that they would be able to help the organization’s endeavor to attain their set goals. ControllingInvolves evaluating and, if necessary, correcting the performance of the individuals or work groups or teams to ensure that they are all working toward the previously set goals and plans of the organization. Coordination, Efficiency, and Effectiveness: Intrinsic to the Nature of ManagementManagement functions—planning, organizing, staffing, leading, and controlling—will all go to waste if coordination, efficiency, and effec-tiveness are not practiced by an organization’s appointed managers. In other words, top-level managers, middle-level managers, and team leaders or supervisors must all be conscious of the said practices of successful organizations as they perform their management functions. Webster’s Dictionary defines coordination as the harmonious, integrated action of the various parts and processes of an organization; efficiency as the character of being efficient or being able to yield the maximum output from a minimum amount of input; and effectiveness as being adapted to produce an effect, or being able to do things correctly. When applied to management functions, coordination ensures that all individuals, groups, or teams are harmoniously working together and moving toward the accomplishment of the organization’s vision, mission, goals, and objectives; efficiency, meanwhile, refers to the optimal use of scarce resources—human, financial, physical, and mechanical—in order to bring about maximum productivity; and effectiveness means “doing things correctly” when engaged in activities that will help the organization attain its aims. Are needed to accomplish the management process of coordinating and overseeing the work performance of individuals working together in organizations *?Management is the process of coordinating and overseeing the work performance of individuals working together in organizations, so that they could efficiently and effectively accomplish their chosen aims or goals.
What is the process of coordinating and overseeing the work performance of individual working in an organization called?What is Management? Management involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively.
Which of the management functions defines strategic actions that must be done to accomplish them and developing coordination and integration activities?Planning:
Planning function of management takes into account defining goals, establishing strategies and developing plans to coordinate activities of a business unit. The function incorporates decision making to define goals for future organizational performance and drafting plans of action to attain them.
Which management function involves in determining the organization's goals performance objectives and defining strategic actions that must be done to accomplish them?Planning: is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
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