logo

Introduction to business management

   

Added on  2023-01-07

12 Pages4158 Words60 Views
Introduction to Business
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
PART A...........................................................................................................................................1
PART B............................................................................................................................................3
PART C............................................................................................................................................6
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Business Management refers to the practices which are adopted by the managers for the
purpose of ensuring the right management of their business (Aithal, 2017). When the managers
make use of it this ensures that they are able to achieve the distinct goals and objectives of the
organization without problems and issues. Different types of factors influence the style which the
managers adopt for the management of their organization and this is able to determine the
various outcomes. Thus they are required to put their focus on ensuring the best management of
the enterprise. For this report, Sainsbury's has been considered. It is a British Retail Company
which deals in different types of products and services which are provided to the customers. In
this report, focus will be made on management and business environment. Additionally, specific
analysis of Corporate Responsibility & National Culture will be discussed as a part of this
project.
PART A
Management refers to the coordination and administration of different types of tasks so
that a goal can be achieved (What is Management? Definitions and Functions, 2020). It ensures
that it performs the functions of planning, organizing, staffing, directing and controlling in a
highly effective manner so that it can take the organization towards the path of sustainable
success in the future time period. In the context of Sainsbury's, management ensures that
functions are coordinated in a proper manner and thus the different types of goals and objectives
are achieved.
Mintzberg's theory-
The use of Mintzberg's theory is made within the organizations so that the managers are
able to make sure that they assume the different types of roles as and when required according to
the prevailing situations in the organizations.
According to Mintzberg, there are various types of roles which are played by managers in
the different types of circumstances. These roles are explained as follows-
Figurehead- A manager is required to act like a figurehead. For example- In Sainsbury's,
sometimes the managers make sure that they are able to look at the situation and take the desired
action in an appropriate manner.
1

Leader- A manager has to assume the role of a leader and thus guide the subordinates so
that they can achieve the distinct goals and targets effectively (Baumgartner and Rauter, 2017).
For example- In the context of Sainsbury's, the managers are required to act like leaders and thus
in this way make sure that they are able to provide proper guidance to the subordinates.
Liaison- In the firms, the managers are are required to create liaisons which can be very
helpful for them (Davis and Comeau, 2020). This helps them in better connecting with the
workers and ensuring the completion of the tasks. For example- Forming of inter-personal
relationships in Sainsbury's between the managers and workers require creation of liaison.
Monitor- In the organizations, the managers assume this role because they are required
to monitor the various activities which are being conducted (Dibrell and Memili, 2019). For
example- In Sainsbury's, the managers assume this role when they are required to make sure that
the functioning of the entire organization has to be held in a proper manner.
Disseminator- In the companies, the managers have a role of ensuring that the reliable
and valuable information is transmitted to the employees in a proper manner. For example-
Sainsbury's managers rely on using appropriate communication methods for providing the
required information to the subordinates.
Spokesperson- In the firms, the managers need to assume the role of a spokesperson.
Their views and thoughts can easily represent the organization. Therefore there is a requirement
on the part of the managers to share their views wherever required. For example- The managers
of Sainsbury's is required to ensure that they share their views whenever required as per the
situation.
Entrepreneur- In the organizations, the managers need to assume the role of an
entrepreneur when they wish to inspire the change and innovation (Đuričin and Herceg, 2018).
For example- In the context of Sainsbury's, the managers assume this role when there is a
requirement to introduce change and innovation in the company.
Disturbance-handler- In big companies, there are certain disturbances which are created
sometimes. There is a requirement on the part of the managers to handle them appropriately. For
example- In Sainsbury's, there are diverse teams and conflicts may arise when the tasks are
allocated. Therefore the managers are required to handle these disturbances in an effective
manner.
2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Introduction to Business Management
|13
|4651
|89

Introduction to Business Management
|11
|3289
|49

Introduction to Business Management
|11
|3329
|51

Management: Mintzberg's 10 Managerial Roles
|5
|1084
|286

Organisational Theory and Practice: Boohoo.com Case Study
|12
|3679
|99

project
|14
|4643
|24