...upon reaching the destined position just as to receive far better growth and progression. There stays a great necessity to perform the business practices in a likely way. With the help of management practices, the employees can be brought to work together and also to make best possible use of available resources. Management practices guides and directs the organization to move on a right and proper path. The management practices of planning, leading, organizing, staffing and controlling are being implemented at the workplace just as to derive far better results. All of these five management functions are said to be worthwhile enough in realization of the set goals and objectives. Planning as the initial process involves forming the mission, vision and objectives and detailing the way through which they are attained. In organizing, internal structure within the company is being set up. At this function, tasks can be segregated, coordinated and controlled. Moreover, the tasks are being distributed by the managers to the jobholders or the employees. In staffing, trained and proficient people are being employed that could meet the set targets (Armstrong, 2012). Hiring process is followed by training of the recruits. Moreover, proper payments should also be made to the employees for their work. In leading section, the leadership guidance and counseling is being provided to the employees so as to handle the tasks in an appropriate manner. In addition to this, group dynamics and motivation...
Words: 2049 - Pages: 9
...Disease Control.gov). Whether is it working during the presidential inauguration, Olympics, or monitoring the next pandemic outbreak the CDC is well trained and diverse in their respective field to handle such events. Their planning, training, and evaluation process have proven to be useful in the emergency operations framework around the globe. The EOC should be organized into five significant functions. They are a command, operations, planning, logistics, and finance/administration. All of the processes and functions put into place allows for the CDC EOC to respond to an emergency at any given time. The CDC states that the first 48 hours of a break out is most critical in stopping a disease outbreak, and to prevent deaths and injuries. Obviously, the CDC EOC runs a very well organized program (CDC.gov). One of the very finest in the world. The organization has a well-defined chain of command and structured to keep the agency as effective as possible. This is all possible with the right functions and tools in place to keep everyone informed. One such tool that is utilized by the CDC is an Incident Mangement System (IMS). It is the tool of choice to provide the EOC’s around the world. As the CDC notes, it is a rooted structure to withstand natural disasters, disease outbreaks, or any hazard (CDC.gov). All of the nations EOC’s follow this framework to communicate out the information that has been captured for their respective cities. Although not all EOC’s are the same, they run the...
Words: 529 - Pages: 3
...Masters Programmes ------------------------------------------------- Assignment Cover Sheet Question: [Analyze a strategic issue facing Samsung Electronics Company] “This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion. No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.” Introduction Samsung Electronics Company (SEC), Ltd founded in 1969 is a South Korean multinational electronics company and is the flagship subsidiary of the Samsung Group, accounting for 70% of the group's revenue. Since the introduction of monochrome television sets in 1971, it has grown on average 38 percent a year, broadening its product range from simple consumer electronics and home appliances to advanced information and communication equipment, computers and peripherals and semiconductors (Renee, 2007) . It is currently the world's largest manufacturer of mobile and smart phones, LCD Panels and televisions and displaced Apple Inc. as the largest technology company in 2011 (Renee, 2007). Industry boundary Samsung electronics has the following divisions * Consumer electronics (CE)...
Words: 5080 - Pages: 21
...PRG/211 ALGORITHMS AND LOGIC FOR COMPUTER PROGRAMMING 06/30/2013 Abstract: “To solve the problem of time-cost tradeoff in project management with available models, a choice must be made between heuristic approaches and algorithms based upon restrictive assumptions about the shape of the cost-time functions of the activities. The algorithm presented in this article involves a dynamic-programming approach to determine the allocation which minimizes the duration of the project (critical path). The main advantage of this model is its ability to determine the optimum allocation among activities with arbitrary cost-time functions. Also, computational shortcuts for functions with special properties can be used to increase the efficiency of the model” (Don Robinson 158-166). Programming solutions . Developers who program for any project has multiple requirements to be met. The key is understanding the problem to be familiar with the business. A visionary understanding the management of the business. Then a visual plan must be drawn with a step by step process to understand the goals of the company. It is easy to do this if you are the owner of the company and it is difficult to bring it to the IT/developer of the company. I have experienced this personally via my small business even though I tried desperately to bring my ideas, there was always a gap bringing the need and the vision. IF we discuss the need, we had to set multiple meetings where the developer had researched the...
Words: 827 - Pages: 4
...that serve the operational level of the organization by recording the daily routine transactions required to conduct business. Apple Incorporated uses smart phone credit card readers and mobile transaction processing systems. Management information systems (MIS) serve middle managers’ interests by providing current and historical performance information to aid in planning, controlling, and decision making at the management level. Apple Incorporated uses their warranty records and performance/sales records to aid in the management information systems. Decision-support systems (DSS) also known as business intelligence systems, help managers with non- routine decisions that are unique, rapidly changing, and not easily specified in advance. The five types of decision support systems are document driven, knowledge driven, model driven, data driven, and communication driven. The executive support systems (ESS) provide a generalized computing and communications environment that help senior managers address strategic issues and identify long-term trends in the firm and its environment. Apple Incorporated uses non-routine decisions, data from internal and external sources, and long-term trends to help aid in executive support systems. Long-term trends Long-term trends Data from internal and external sources Data from internal and external sources Non-routine decisions Non-routine decisions Document driven Document driven Knowledge driven Knowledge driven Warranty records ...
Words: 932 - Pages: 4
...Logistics Management “Logistic is the process of planning, implementing and controlling the efficient, effective flow of goods storage of goods, services and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements” Logistics exists to satisfy customer requirements by facilitating relevant manufacturing and marketing operation. The main responsibility of logistic is the geographical positioning of raw materials, work in process and finished inventories at the lowest possible cost. Creating logistics value is costly. Logistics accounts for one of the highest costs of doing business. Logistics expenditure normally ranges from 5% to 35% of sales depending on the type of business. Thus logistics even though very important for any business success is expensive. VARIOUS DEFINITIONS OF LOGISTICS MANAGEMENT Logistic management encompasses all materials flows management, from the inflow of purchased materials into works (i.e. materials planning of raw materials components and other products, transport of materials from suppliers to works, receiving and inspection and storage of materials) materials flow through manufacturing processes (i.e. materials issues and materials handling) and material (flow to customers (physical distribution (Refer fig.1 for these relationships) Materials Logistics physical distribution Management Management Fig.1 (Relationship between logistics and other)...
Words: 1704 - Pages: 7
...Name : Mohamed Tarek Mohamed ID : 2131181 Assingment :- Strategic Mangement What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force (1 ) economic forces (2 ) social, cultural, demographic and natural environment forces (3 ) political, governmental and legal forces (4 ) technological forces (5) competitive forces. (1) ECONOMIC FORCES :- Economic factors have a direct impact on the potential attractiveness of all strategies. The auditor may wish to look into the balance sheet and financial supporting documents to see if the company report has taken this external factor into account. Both inflation and interest rates and a given country's...
Words: 1264 - Pages: 6
...APPENDIX A: ASSIGNMENT COVER SHEET (SAMPLE) ASSIGNMENT COVER SHEET | Surname | NGUBO | First Name/s | JABULISILE HAPPINESS | Student Number | 501854 | Subject | BUSINESS MANAGEMENT 1A | Assignment Number | 01 | Tutor’s Name | THEMBA MKHIZE | Examination Venue | DURBAN | Date Submitted | 02 APRIL 2015 | Submission (√) | First Submission | √ | .resubmission | | Postal Address | 17 Queen street | | Pietermaritzburg | | | | | | | 3201 | E-Mail | Jabulisile.ngubo@durban.gov.za | Contact Numbers | 031 – 322 4600 (Work) | | N/A (Home) | | 071 386 1358 (Cell) | Course/Intake | BCom ITM Year One Jan 2015 | Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself. | Signature: J.H Ngubo | Date: 02-04-2015 | TABLE OF CONTENTS: Section A Question 1 1.1 – 1.10 (Multiple choice) ------------------------------------------------------ page 2 Question 2 2.1 – 2.10 (True or False) --------------------------------------------------------- page 3 Section B Question 4 4.1- 4.2 (Discuss and Identify) -------------------------------------------------- page 4-6 Question 5 5.1-5.2 (Discuss and Identify) --------------------------------------------------...
Words: 2238 - Pages: 9
...Abstract Being able to remain or become globally competitive while facing challenges within today's economy is a challenge for all types of companies and organizations. When faced with struggling budgets outsourcing and or downsizing are often seen as the only possible solutions for businesses to stay afloat. Trying to maintain competitiveness while downsizing and or outsourcing brings about additional challenges for human resource management organizations. Containing Human Resource Costs During Economic Challenges The current economy brings challenges to every level of a corporation, including human resource management. Maintaining an effective budget is not always easy and becomes even more difficult with the strains of an economic crisis. While the elimination of unnecessary materials and or processes may help in curtailing costs and spending, it is not always an easy task; and an even more difficult task involves the elimination of actual jobs. As companies are faced with having to cut costs, eliminating jobs is sometimes an unfortunate solution. Human resources management is defined as the process of managing human talent to achieve an organization's objectives (Bohlander & Snell, 2010). Being able to effectively execute the process of human resources management relies on several factors. Being able to compete, recruit and staff globally; embrace new technology; manage change; manage talent; respond to the market and contain costs are imperative to...
Words: 1923 - Pages: 8
...[pic] Kimberly-Clark Andean Region: Creating a Winning Culture SUMMARY Kimberly Clark has hired Sergio Nacach to be the manager in the Andean Region. Andean region is consisted of five countries that are Peru, Ecuador, Bolivia, Venezuela, and Columbia. Andean region is known much about their bad economic in that time. Kimberly Clark wants to aim at their people. The culture different in Kimberly Clark is somewhat differentiated. They come from many places and they are all different on the individual. Kimberly Clark run by their newly hired from Uniliver’s management, Sergio Nacach, have gone up in the rank in the business. Kimberly Clark have successful not only the business result, despite of the situation of the economic in the Andean region, they also awarded as the Great Place to Work Institute. In Ecuador and Peru 2007, Kimberly-Clark was ranked number one on the best place to work list, and number four in Columbia. Sergio Nacach implements a very attractive way of management style. He closes the gap between the employee and him. He is not the type to go away with the power. Employees of any rank can walk in his office and discuss. He will drop everything he worked on and talk. This type of the management style encourages the employees to come up with the ideas that somehow never showed up in the business world. This method also greatly reduces tension in the work. Getting scolded by the boss is an old scheme...
Words: 1886 - Pages: 8
...Security and Privacy Funmi Fashakin HCS/533 June 10, 2013 Aimee Kirkendol Security and Privacy Patient security and privacy is one of health care organization fundament responsibility in meeting the organization objectives and providing services to the community the organization serves. Patients’ health care information are expected to be kept confidential and protected, there is a legal and ethical responsibility binding health care organization to protect and to develop a plan within the organization to protect patients’ medical records. There is always a privacy concern when patients’ medical data information are not protected and secured during a natural disaster. In this paper natural disaster scenario case of a small town on Gulf Coast that was struck by a hurricane will be discuss, also management detailed plan for patients’ medical record privacy and security will be discussed. The implementation of management plan for staff training and code of conduct will be discussed. A disaster is an adverse event as a result of natural processes of the Earth. It can cause losses of life, property damage, and electronic damage. Examples of natural disaster are flood, volcanic eruption, earthquakes, tsunamis, and other geologic processes. Actions to take when patients ask for their records Patients health care records serves many purposes to patients, it provides patients with accurate summary of patient’s health, patients have legal right to...
Words: 2088 - Pages: 9
...Assignment 2 Information Security for Managers Submitted By: Student Number: Submitted Date: January 22, 2009 Table of Contents 1. Information Security Policy (Word Count = approx. 1000) 3 1.1 Security: 3 1.2 Policy: 3 1.3 Information Security Policy and its importance: 4 1.4 Policies, Procedures, Practices, Guidelines 5 1.5 Example of good policy statement 6 1.6 Possible structure of information security policy documents 7 1.7 Strategies and techniques to implement information security policies 8 2. Developing the Security Program(Word Count = approx. 500) 9 3. Security Management Models and Practices (Word Count = approx. 500) 11 A. ISO/IEC Model 11 B. NIST Security Model 11 C. RFC 2196 11 D. COBIT 11 E. COSO 12 4. List of References: 13 1. Information Security Policy 1.1 Security: Security has been a real issue for this century. Due to the new emerging technology like RFID and wireless devices there have been various issues regarding privacy and security of person and an enterprise. Security can be understood as a condition to protect against unauthorized access. In terms of IT, security can be categorized into application security, computing security, data security, information security, and network security. Source: (Whitman & Mattord 2007, p.5) Even though all of these security fields need to be monitored in an enterprise, for instance in this document we are concerned only with information security. Information...
Words: 2401 - Pages: 10
...How General Motors Poor Enterprise Risk Management & Managerial Decisions in the 21st Century has Effected Where They Stand Today Brittany M. Mendez North Greenville University Abstract This paper discusses the rise and fall of General Motors during the 21st century and documents many different managerial decisions that led to where the company is today. It also analyzes the enterprise risk management plan that General Motors was famous for. They were known for being a company that successfully implemented an ERM that was linked to its success after many failures. I will examine how an ERM was the framework to coming up with a plan of action to identify and mitigate risks, but ultimately it was up to supervisors to make the managerial decisions that now General Motors must face the consequences for. Keywords: General Motors, Enterprise Risk Management How General Motors Poor Enterprise Risk Management & Managerial Decisions in the 21st Century has Effected Where They Stand Today General Motors was once regarded as one of the best managed and most successful firms in the world, but between 1980 and 2009 its share of the U.S. market fell from 62.6% to 19.8%, and in 2009 the firm went bankrupt (Helper & Henderson, 2014). In this paper I will examine the decisions that General Motors made in regards to their Enterprise Risk Management Plan and how management decisions determined the fate of where General Motors is today. We all know General Motors has...
Words: 5435 - Pages: 22
...THE CHALLENGES OF GLOBALIZATION AND THE ROLE OF HUMAN RESOURCES. Muhammad Aminu Bawa (1) Dr Juhary Ali (2) ABSTRACT The current financial crisis, which has engulfed East Asia since July 1997 and has subsequently spread to Russia and Brazil, is one of the most pressing challenges facing countries and businesses in today's global business environment. Globalization represents the structural making of the world characterized by the free flow of technology and human resources across national boundaries as well as the spread of Information Technology (IT) and mass media presenting an ever-changing and competitive business environment. Two major limitations are observed in the treatment of the twin issues of the responses to the East Asian economic crisis and the coverage of the literature on globalization. While the response to the crisis has focused on macroeconomic aspects, the issue of globalization has been addressed predominantly in and with respect to the developed economies of Western Europe, North America and Japan. This paper is an attempt to address these two limitations. Since the human factor is the key in the new era of globalization (Hassan, 1992; Sims & Sims, 1995), the primary objective of this paper is to present a conceptual framework for effective management of human resources as a response to the growing interaction of globalization and business performance. Three central arguments are made in this paper. (1) That a growing body of evidence converge...
Words: 5245 - Pages: 21
...Assignment Task 1 1.1 Management is a fragmented and interdisciplinary area of study, with a lot of academic branches. Willman argues this tree is narrower at its roots, and these roots lie primarily in social science. Key to the purpose of the book is to present management theory as applied social science. (Paul Willman, 4 Nov 2014) The organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included as a factor of production along withmachines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535). The directors and managers who have the power and responsibility to make decisions and oversee an enterprise.The size of management can range from one person in a small organization to hundreds or thousands of managers in multinational companies. In large organizations, the board of directorsdefines the policy which is then carried out by the chief executive officer, or CEO. Some people agree that in order to evaluate a company's current and future worth, the most important factors are the quality and experience of the managers. Manager’s roles and skills Manager is responsible for planning and directing the work of group of individuals...
Words: 4946 - Pages: 20