This document provides an overview of the management process and structure in organizations. It includes a description of the business, its location, and the management structure of B-smart Ltd. The document also highlights the importance of market segmentation, digital marketing, and smart objectives for achieving success.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Management People and System
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION Management is the process by which an organization perform it process in more effective form. Also management helps in achieving of task with more efficiency and in this an organization covers all kind activities involved within business. Management makes employees to be managed in more effectiveness. Management structure is been used for the purpose of managing of activities within business organization. Further it can be observed that management structure covers those factors which makes upliftment of business possible by keeping work done in more organized manner. Scope of these structure is wider as it deals with working of organization form all over aspect.. Things covered in file is based upon business and its location, management structure, job description and personal specification. TASK Description of the Business including Location, Numbers of employees and the Management structure Business and Location:The organization that has been taken within the file is B-smart Ltd which deals in selling of daily products and clothing fabric. The organization is situated in London , United Kingdom. The organization sells various products like soap, detergent, food cutters and packed food products. It is an newly formed organization that has been dealing upon wider range of products. The organization has been dealing upon various kinds of things as it is newly formed organization. Also the organization sells its product through both physical and online method. Organization as being a new organization is not been recognized within market. There are certain things which is required to be kept in mind and they are related to both external and internal factors leading over making an organization attain success. For external factors the organization is require to perform PESTEL and related to internal factor SWOT is done. In PESTEL factors like political, economic, social, technological, economical and legal factor is covered. Due to SWOT- strength, weaknesses, opportunities and threat is been covered. Both this is helpful in making an organization attain success within market. Alsovariousotherelementsisincludedwithinthatisbaseduponmanagement, accountingandbudgeting.Theseelementsarerequiredtobekeptinmindformaking organization attain success. A newly formed organization should also used market segmentation through which its products is going to be divided as per segments of customer which product
selling increase. Also this increases stability within an organization which make B-smart attain profitability with success. Since B-smart in order to make its online selling boosted should use digital marketing and social media which is helpful in making it reach to its customers in more efficient way. B-smart should set its smart objectives which is going to help in achieving its goals which is set for short, medium and long term. Then B-smart should do planning which is going to make assistance possible over various processes. Also supply chain method can be used which is going to make production capacity improved with the help of quality of product maintained as per standards that has been set by B-smart. B-smart is required to observe various elements which is related to geographical area. Also in this various kinds of things CONCLUSION
REFERENCES Books and Journals
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser