Saturday 26 March 2022

The essence of management in an organisation

 Assignments are a crucial part of a student’s assessment. The main purpose of the assignment is to check if the student is clear with the concept. The assignment enables students to indulge in a self-study which also ultimately prepares them for their exams. Students often struggle with management assignments when they don't have enough knowledge about the subject or have some issues understanding it. If you are one of them, you can easily avail the instant assignment help in Australia from experts who will provide you with a detailed knowledge of the management assignment and guide you through.

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What is the purpose of management in an organisation?


Management generally has three purposes -


  • Organisational -The management has to contemplate the interest of all the people involved in the organisation. The organisation's main agenda is to attain growth by using its resources. 

  • Social  - The objective of the management is also to generate benefits for the society by the work of the organisation. Organisation also generates corporate social responsibility (CSR) campaigns to benefit society.

  • Personal - These objectives focus on the growth of the organisation's employees. Some of the objectives like financial needs, self-development, social needs etc.


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What are the functions of management in an organisation?


  • Planning - Planning refers to creating a planner on the tasks to complete to achieve the specific goal. The planning should be implemented so that it doesn't waste resources and time.

  • Improving team - This basically involves building a powerful team for the organisation. Management recognises the roles in the organisation and the skills that will be required for that role.

  • Directing the team - Directing the crew is the basic function of a manager. This requires magnificent leadership skills.

  • Monitor the quality - The management team creates a planner to achieve the company's goals. So the manager keeps a check on the team's performance in achieving the goal.


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What are the various levels of management?


The three levels of management are :


  • Top-level management - Top management includes the company's senior executives, the chairperson, CEO, COO, etc.

  • Middle management level - The middle level of management links the top management to the operational management.

  • Operational management - Operational management ensures quality work before the deadline. The top management defines the work for the operational management. 


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