principles of management

Feb 3rd, 2012
Studypool Tutor
Massage Therapy Institute of Colorado - Denver
Price: $5 USD

Tutor description

this paper has all details a student requires to pass in management.

Word Count: 1712
Showing Page: 1/8
BBA102 Principles of Management 4 and 5Students NameUniversity1. The Role of ManagersManagement refers to the arrangement of business activities in order to accomplish specific objectives (Business Dictionary, n. d.). Management is one of the factors of production. The main task in management involves the innovation and marketing of products. Modern management originated from studies of inefficient enterprises that were carried on by Sir Thomas More in the sixteenth century. Managers create and oversee the implementation of business policies. They also plan, organize, control, and direct the resources of a business in order to achieve the objectives. The size of management ranges from a single individual in a small business to thousands of persons in multinational corporations. In large companies, the board of directors determines the policy that is forwarded to the chief executive officer for implementation. The character and skills of the managers determine the current and future worth of the firm.Presently, managers have access to a wide range of useful resources. In the 1900s, however, managers had limited resources to guide them in the practice of management. Early theorists, such as Henri Fayol, developed the tools that managers needed in order to enhance their skills (Mind Tools, n. d). Fayol and the other theorist established the bases of modern management theory.Henri Fayols year of birth is 1841 (CiteHR, n. d.). At the age of 19, he sta

Review from student

Studypool Student
" Thanks, good work "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1829 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors