Introduction to Business and Management: A Comprehensive Guide

Introduction to business and management

Contents
Introduction....................................................................................................................................2
Levels of management and responsibilities.............................................................................3
The roles and styles of leadership and management..............................................................5
Effects of Globalization.............................................................................................................7
Organizational CSR responses.................................................................................................9
Conclusion....................................................................................................................................11
References.....................................................................................................................................12
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Introduction
Leadership is a process of establishing organizational vision, guiding franchisees on the vision
by proving an insight of the vision, so that employees can follow willingly as long as the
information is availed to them, knowledge and methods that can be used to realize the
established vision (Peus, et. al., 2016).
Management is the process of controlling organizational activities by organizing and
coordinating the business activities with an aim of achieving the organizational defined
objectives. Therefore the role of the manager in a business organization is to create corporate
policies and organizing them, control, plan, and direct the organizational resources with an aim
of achieving the business. He believes that business organization requires a teamwork where
every member of the business is important and is knowledgeable enough to contribute to the
organization regarding the set goals. Through teamwork, McDonald Company has achieved in
terms of opening many branches in every country other than Poland and the restaurant is the best
in providing fresh food that is admired by most of the people.
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Levels of management and responsibilities
Organizational management is divided into three major levels with varying responsibilities.
These levels ensure that organization achieves in their operations in order to meet their target.
Managerial level of management- the top management at this level consists of the managing
directors, the board of directors. This is the level where the policies of an organization and the
plan and coordinate the activities of an organization. All the rules and policies that guide the
operation of the business is made at this level (Carmichael, 2011).
Executive level of management- is also called the middle level of management. They head
departments in an organization and they are accountable to top management. Their main
functions are to implement the rules and regulations as per the directive from top management.
They all prepare the plans as per their departments.
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