4193820
Description
Mind Map by koriordan93, updated more than 1 year ago
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Created by koriordan93
almost 9 years ago
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Management Activities
- PLANNING
- 4 STEPS IN
PLANNING
- SWOT Analysis
- Set Objectives
- Devise Strategies
- Implement the Plan
- Implement the Plan
- Devise Strategies
- Set Objectives
- SWOT Analysis
- TYPES OF PLANNING
- Manpower Planning
- Cash Flow Forecasting
- Mission
- Strategic Plan
- Tactical Plan
- Manpower Planning
- ADVANTAGES
- Guides the business to success
- Helps avoid future problems
- Helps secure Capital
- Eliminates the business's weaknesses
- Motivates Employees & managers
- Guides the business to success
- 4 STEPS IN
PLANNING
- ORGANISING
- ORGANISATION STRUCTURES
- Functional Organisational Structure
- Product Organisation Structure
- Geographical Organisation Structure
- Matrix Organisation Structure
- Functional Organisational Structure
- FEATURES OF ORGANISATION STRUCTURES
- Chain of Command
- Span of Control
- Line Organisation
- Staff Organisation
- Chain of Command
- ADVANTAGES
- Helps solve problems quickly
- Helps the business to cope with change
- Improves efficiency
- Minimises waste
- Helps solve problems quickly
- ORGANISATION STRUCTURES
- CONTROLLING
- STICK CONTROL
- QUALITY CONTROL
- CREDIT CONTROL
- FINANCIAL CONTROL
- ADVANTAGES
- Makes sure the business achieves it objectives
- Reduces the business's costs
- imporve the cash flow
- increases a business's sales and profits
- Makes sure the business achieves it objectives
- STICK CONTROL
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