Organizing Function Essay Example | Topics and Well Written Essays - 750 words

Organizing Function - Essay ExampleIn this the firm has to handle five areas namely, grade of labour, departmentalization, establishing span of control and delegation, (Boone 2005).Within division of labour else called work specialization, the manager tries to match the work demands with the skills, familiarity and experience of the employee. Division of labour is more effective when the most qualified employer by doer of skill level and experience is assigned a given task. The more compatible a worker is to the work litigate requirements, the greater the extent of achievable specialization.In departmentalization, the manager seeks to group employees or jobs into manageable entities. This can be done in five ways, (Plunkett et al (2005). Functional departmentalization is done according to the temper of activities in the department. Product departmentalization brings together all the functions necessary for successful convergenceion and distribution of a particular product. Pro cess departmentalization is based on the cycles that a product goes through. The cycles determine the department. Geographical departmentalization hires zones to create a department e.g. ... Customer departmentalization is defined by possession of a shared set of characteristics like the mental hospitals as a source of clients for an establishment working with mentally retarded persons. Span or control means the manager defines the extent to which the chains of command flux and the limit in number of employees within one line of production or level of command. One employee ought to be accountable to only one supervisor, in what is called the unity of command. In the scalar principle, the line of part should be clearly outlined for each worker. The manager is also concerned about delegation, which is the transferring of tasks and responsibilities and the issuing of authority commensurate to the tasks assigned to subordinates. This improves the flexibility of operations meaning the organization is better able to address the needs of its clients, (Boone 2005) In organizing, the manager is also concerned with knowledge management, which is the ability to organize and control gathered information within an organization. A manager gathers information from various sources. He empowers his team to be able to use the available information to better the organization that way the team can be said to have for knowledge (the capacity of people or groups or organizations to act on information).Opportunities, threats strengths and weaknesses of an organization can best be addressed only in the event that the organization is able to use information available. The process involves a conscious effort to use the information. For the information to be useful to the organization however, it has to be accurate, reliable and up to date. This can be said to an organizations dexterous

Types of ownership Essay Example for Free

Types of ownership EssayMy transaction will be a sole proprietorship because I will be in charge of the business but I would need to employ people to help me run the business. As I decide what happens to the profits I would pay for wages and then spend the rest on repairs and debts until I had paid off the necessary debts and loans. I fox chosen a sole proprietorship because I get to be my own boss and if I am deciding what happens to the profit I cognize it will be spent in connection with the business . The disadvantages wont affect me because I have employed people t work for me therefrom I wont have to work long hours .All skateparks around the uk are unincorporated because people ride skateparks at their own risk so if they injure themselves it is there own fault. The only way I could get prosecuted is if they are injured due to bad maintenance of the park i. e. somebody pain sensation themselves on a nail sticking out of a ramp. Cash flow is important because if you have a poor cash flow your business goes bankrupt. A cash flow forecast enables you to see how much money is coming into the business and how much is coming in and how much money is way out out.If to much money is going out and non enough is coming in you can use the spreadsheet to see what needs to be changed. If you have a poor cash flow there is a lack of working capital. This can result in a lot of other problems like supply not getting paid on time and if loans arent repaid firms may take legal action against this and reposes things making the business unable to sell products. I would not have good facilities for anybody under the age of 12 with no great understanding of the sports or ability to do the sport