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Introduction to Business and Management

   

Added on  2020-10-05

9 Pages2606 Words435 Views
Leadership Management
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Introduction to businessand management
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK ..............................................................................................................................................11. Functional area of chosen business and its hierarchy of management....................................12. Communication central to management and leadership..........................................................23. Current drivers of globalisation...............................................................................................44. Comparing and contrasting 2 chosen style of leadership.........................................................4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
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INTRODUCTIONBusiness is activity or action of making money by buying or purchasing and sellingservices or products. Management is the procedure of controlling with or dealing people orcustomers. Business and management work together and run it successfully in market place(Erasmus, Strydom and Rudansky-Kloppers, 2016). The current report is based on First mileorganization, the purpose of this report is to explain functional area of chosen company and itshierarchy of management. It clarifies importance of communication central to management andleadership and also defines current drivers of globalization. Furthermore, this report justifies twochosen styles of management or leadership and defines which one is suitable for modern globalfirm and reason why. TASK 1. Functional area of chosen business and its hierarchy of managementFirst mile is United Kingdom commercial recycling organization, it is based in London,and the core functional area of firm is recycling. They work with many businesses to supportthem recycle as much waste things or products as possible and send nothing to land fill andthroughout at road or any other place. Company has 130 worker across 2 locations, it is theleading recycling and waste management UK firm which headquarter is Located in London(First mile, 2019). They gather recycle things and waste materials from businesses and sent it forprocessing to partners. Organization is focusing on closed loop recycling, striving to keep thingsin use and in economy. There are some examples of recycling things such as, glass into glass,turn cardboard back into cardboard and paper back into paper. The entire work of this company shows its hierarchy of management, without anylevels in business structure they cannot be able to organize and managed each of their functionsand activities effectively. Each level has been worked with many workers who help toaccomplish projects or given task on time. Level first, Manager in every stage of managementperforms effectively and works with its team member in collaboration (Johansson, Miller andHamrin, 2014). One of the team of First mile get the information about where the waste materialsare has been storage, they try to communicate with that business. Second level, recycling teamcollect over 60,000 tons of waste things per year and has the average recycle rate of 60% (Firstmile, 2019). They gather recyclables materials from one business to other by using differenttypes of methods such as curb side, buy back centres, drop off centres and deposit programs.1
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