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Introduction to Business and Management: A Comprehensive Guide

   

Added on  2024-06-03

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Introduction to business and management
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Introduction to Business and Management: A Comprehensive Guide_1

Table of Contents
1. Introduction and purpose........................................................................................................3
2. Identify and explain the 3 levels of an organisation and their responsibilities, including
associated functional areas.........................................................................................................3
2.1 Three level Management system......................................................................................3
2.2 Responsibilities of each level...........................................................................................3
2.3 Vertical vs Horizontal structure........................................................................................4
3. Identify and explain the roles and styles of leadership and management from theoretical
perspective..................................................................................................................................4
3.1 Leadership models............................................................................................................4
3.1.1 Autocratic Model.......................................................................................................4
3.1.2 People Based Leadership Model...............................................................................4
3.1.3 Democratic leadership model....................................................................................5
3.2 Management models.........................................................................................................5
3.2.1 Classical management model.....................................................................................5
3.2.2 Human relations model..............................................................................................5
3.2.3 Neo human relations model.......................................................................................5
3.2.4 System model.............................................................................................................6
4. Explain relevant effects of globalisation facing the organisation..........................................6
4.1 Professional development.................................................................................................6
4.2 Targeting vast population and usage of new innovative methods....................................6
5. Explain your understanding of CSR and review two responses adopted by the organisation
....................................................................................................................................................7
6. Conclusion..............................................................................................................................7
Reference list..............................................................................................................................9
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Introduction to Business and Management: A Comprehensive Guide_2

Introduction and purpose
A business entity may run on the various aspects starting from hard work to proper planning.
However, it is the proper leadership which can lead a business to reach the height of desired
success. The term leadership refers to the setting of a new direction for a certain group.
Therefore, a leader can be considered as the spread head of that fresh direction. On the other
hand management is the system that controls people or the resources of a particular group
maintaining the established values or principles. The relationship between these two terms is
close. In an oversimplified manner, leaders are the ones who lead and management is the
system that makes the people work in an order with existing values. The main purpose of this
specific report is to forecast how Adam Pienkowski, the CEO of the company McDonald’s
has effectively succeeded in leading the company to the right direction of proper business
growth and financial profit in Poland.
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Introduction to Business and Management: A Comprehensive Guide_3

2. Identify and explain the 3 levels of an organisation and their responsibilities,
including associated functional areas
2.1 Three level Management system
The levels regarding the management system defines the idea of democracy among the
several managerial posts of an organization. The increase of levels in management refers to
the increase of size for the business growth. According to Mihalache et al. (2014), it
determines a chain system of commanding. These specific three levels of management
system have been categorized as administrative level or the top level, the middle level or the
executory level and the last one is the low level or supervisory level. Managers of these three
levels of management use to perform different duties and tasks. The benefit of this
categorizing is that the roles and functions of every employee do not get misinterpreted and
secondly, a sense of order has been established.
2.2 Responsibilities of each level
The mangers of each level have been allocated with different tasks and functions which are
solely separated from each other. Top level management actually consists of chief executives,
panel of directors and managing directors. In the opinion of Steffens et al. (2014), top level
management outlines the objectives and policies of the business. It creates the required
instruction budget department and procedure. The middle level management executes
required plans according to the policies of the top level management. They use to participate
in the training of lower level management. At the same time they use to interpret the
explained policies generated by top level to the low level management. The low level
management deals with the workers for the everyday activities. In McDonalds as well, Adam
has maintained the levels to make the company function properly and smoothly. The policy
made by the CEO has been followed by the managers and other employees with great
concern and minutely that has facilitated the company with broader achievements.
2.3 Vertical vs Horizontal structure
The structural design of an organization defines the positions about who is in authority, how
the tasks have been divided and further how the tasks have been assigned to the workers. In
the opinion of Watts et al. (2017), these two structures have several advantages. The vertical
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Introduction to Business and Management: A Comprehensive Guide_4

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