BMGT1002D Management Assignment Sample Ireland
Management is the process of planning, organizing, leading, and controlling resources to achieve desired outcomes. It is a broad term that can be applied to any number of areas in business and beyond.
A manager is someone who oversees and directs the work of others. They are responsible for ensuring that tasks are completed efficiently and effectively and that everyone within their team is working towards the same goal. Good managers are able to motivate their employees and ensure that everyone is productive and contributes to the overall success of the organization.
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Management skills are essential for anyone looking to advance their career or take on more responsibility within their organization. It’s important to have a strong foundation in management principles if you want to be successful in any field.
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In this course, there are many types of assignments given to students like individual assignments, group-based assignments, reports, case studies, final year projects, skills demonstrations, learner records, and other solutions given by us. We also provide Group Project Presentations for Irish students.
In this section, we are describing some activities. These are:
Assignment Activity 1: Explain management and detail the various functions of management.
Management is a process of planning, organizing, staffing, leading or directing, and controlling an organization’s resources to achieve desired outcomes.
The main functions of management include the following:
- Planning – creating a plan to achieve specific objectives;
- Organizing – arranging people and resources to carry out the plan;
- Staffing – hiring and managing employees;
- Leading – inspiring people to achieve results; and
- Controlling – monitoring progress and taking corrective action as needed.
Assignment Activity 2: Trace the development of management thought and the major contributors to this process.
The development of management thought can be traced back to the early 1800s when French thinker and social scientist Henri Fayol published his book, General and Industrial Administration. In it, he outlined 14 principles of management that still hold true today.
Since then, a number of other thinkers have made significant contributions to the field of management theory, including Frederick Taylor, Max Weber, and Peter Drucker. Each one brought his own unique perspective to the table, helping to shape the way managers think about their roles and responsibilities within an organization.
Today, management theory is constantly evolving as researchers continue to explore new ways to improve organizational efficiency and effectiveness. But the fundamental principles established by Henri Fayol and his contemporaries remain at the core of modern management thinking.
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Assignment Activity 3: Describe the nature of the business and how the business interacts with its environment and its stakeholders.
Businesses, in order to be successful, must create value for their stakeholders. This can be done in a variety of ways, including but not limited to:
- Creating products or services that solve a problem or meet a need
- Providing jobs and economic opportunities
- Contributing to the local community
- Minimizing environmental impact
Businesses also have a responsibility to act ethically and responsibly when interacting with their environment and stakeholders. This includes things like ensuring safe working conditions, paying fair wages, and adhering to environmental regulations.
When businesses fail to meet the expectations of their stakeholders, it can have a negative impact on the company’s reputation and bottom line. It’s therefore important for managers to be aware of what is expected of them and work to build trust and goodwill with all those they come into contact with.
Assignment Activity 4: Explain each business function and how each can contribute to the overall performance and success of an organization.
There are many functions within a business, and each one can contribute to the overall performance and success of an organization.
The most important function is marketing, which is responsible for creating and delivering the message that will persuade customers to buy the company’s product or service. Marketing must understand the customer, their needs, and what motivates them.
Next is sales, which is responsible for generating leads and closing sales. Salespeople need to be able to build relationships with clients, understand their needs, and find solutions that meet those needs.
Then there are operations, which oversee everything from manufacturing to shipping products. They need to make sure products are made efficiently and delivered on time.
Next is finance, which is responsible for ensuring the company has enough cash to cover its expenses. They also manage the company’s finances, including budgeting, investing, and forecasting.
Finally, there are human resources, which is responsible for hiring and managing employees. They need to find the right people with the right skills to fill the right roles within the organization.
Each of these functions plays an important role in helping a business achieve its objectives and goals. By working together as a team, they can create a well-oiled machine that runs smoothly and efficiently.
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Assignment Activity 5: Recognise ethical and social responsibility issues in the business environment and examine ethical and legal implications of managerial decisions and their effect on organizational stakeholders.
Businesses have a responsibility to act ethically and responsibly when interacting with their environment and stakeholders. This includes things like ensuring safe working conditions, paying fair wages, and adhering to environmental regulations.
When businesses fail to meet the expectations of their stakeholders, it can have a negative impact on the company’s reputation and bottom line. It’s therefore important for managers to be aware of what is expected of them and work to build trust and goodwill with all those they come into contact with.
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