Business - management and change

Business Studies HSC Topic 1: Business Management and transport Management exercises: 1.Inter ain role: component relating to pile inside and alfresco the organization. Managers moldiness communicate with the people around them. Negotiating and compromising with each(prenominal) stakeholders. 2.Informational role: Access to info. through with(predicate) setting up a MIS (Management Info. System). Organize the info and follow up it on to the germane(predicate) people. Act as a spokesman to the public. 3.Decisional role: choices ask to be made by managers. They act as disturbance handlers, negotiators and imagination allocationers. Skills of management: People skills: the ability to communicate, negotiate, lead and delegate. They essential bugger off good listening skills, provide feedback, disciplinary skills. Managers must have strategic thinking, vision, flexibility and adaptability to change. Must be self-managing, teamwork, mellow personal standards and ethical. Re sponsibility to Stakeholders: Internal: Shareholders: * submit dividends *Keep them informed *Be ethical/moral Employees: *Provide full working surround *Reasonable wage External: Government: *Abide by the laws * even off tax *Use Australian products/ go *Employ Australian citizens. Customers: *Provide safe product/ religious service *Warrantee *Instructions/ingredients *Fair/reasonable price Suppliers/creditors: * stomach on time *Provide feedback *Notify if you cant impart them *Abide by terms and conditions Society: *Provide participation *Provide goods/services *Be responsible in exploitation resources - future generations Environment: *Waist management *Recycle * unwrap sustainability Reconciling conflicts of interest Conflicts exist amid stakeholder and resolutions must be negotiated by management 1.

Employee vs Shareholders: Shareholders indispensability increasing do good plainly employees want increasing wages Resolution: negotiate wages. moderate the employees the election of becoming shareholders. 2. Environment vs profit: Being environmentally responsible cost money Resolution: Recycle. Use it as a marketing strategy. Management Theories: Classical Scientific: * grand *hierarchical - pyramid *Division of labour *Specialisation * counselling on planning, organizing and controlling *Task centered *From top acquit communication StrengthsWeaknesses Increased productivityBoredom resulting from production line approach strain on promoting efficiency and waist productionNeglects the... If you want to get a full essay, order it on our website: OrderEssay.net

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