Centralization vs decentralization
Centralization Where all office procedures are done at one central point within the organization Central office functionsManager is responsible for1. Planning of clerical activities2. General…
Organisational Management
Implications of a Business expansion
Short term Implications of a business expansion § Access to new assets, markets and products § Staff can feel uncertain as a result of a…
Financing a Business expansion
1. Reserves Are profits, which are ploughed back into the business to create growth? This form of finance is suitable for organic growth as the…
Reasons For Business Expansion
(a) People ReasonsIndividual needs: In this case, the businessperson needs to grow the business to satisfy their needs for esteem and self-actualisation. Richard Branson will…
Business Expansion Management
The growth of any business is called expansion. Management must make decisions as to how this expansion will take place and how it is to…
Management control
Management control refers to the monitoring and checking of results to see that they agree with the targets set out in the plan.Control is important…
Management control
Management control refers to the monitoring and checking of results to see that they agree with the targets set out in the plan.Control is important…
Allocating roles and diversity
Size of teams:- Ideally a team should have seven to nine people. Generally speaking, the most effective teams have fewer then 10 people. minimum four…
Nine potential team roles
Nine potential team roles have been identified. These are:- Organizer(Provides structure) Producer(Provide direction and follow through) Controller(Examines details and enforce rules) Maintainer(Fights external batter) Advisor(Encourages…
The key components making up effective teams
The key components making up effective teams can be subsumed into four general categories:- Work design:- Effective teams need to work together and take collective…