Introduction to Management - written Assessment

This report covers the management structure and business functions, marketing function and its relation to business success, management functions and how they manage a business, and talent management and organisational culture. It discusses the advantages and disadvantages of various types of business functions, the responsibilities of different business functions, and the role of human resource in talent management. It also defines organisational culture and how positive culture impacts on the success of a business.

Introduction to
management

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
Management structure and business functions............................................................................3
The marketing function and its relation to other functions that leads to business success :.......4
Management functions and how they manage a business :.........................................................5
Talent Management and Organisational Culture :......................................................................6
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................8

INTRODUCTION
Management is the way of monitoring, dealing and doing things effectively as well as efficiently.
This activity is required on the regular base for the long term success of any business, as as it is a
necessary method which includes all the practices and objectives that are done in accordance to
accomplish their targets and goals(Cusinato and et. al., 2021). Few of the contrary practices
which are there in it is planning, monitoring, controlling, decision making, organising all the
division of the organisation such as finance, human resource, information technology, research
and development. The following report will cover about the management structure and business
functions and the marketing function and its relation to business success. Moreover to this, it will
include management functions and how they manage a business and talent Management and
Organisational Culture.
TASK
Management structure and business functions.
Management structure or organisation structure is a method which shows that the method
in which several practices of the firm are guided to execute in accordance to accomplish its
objectives (Dinter, Marjanovic and Ariyachandra, 2021). It also involves the expectable method
for providing the data or information among various levels.
Advantage and disadvantages of the various types of business function :
There are various kinds of organisational structure which are mentioned below with their
advantages as well as disadvantage:
Line organisation structure – In it, the divisions are set systematically in accordance to the type
of their task. They are keen to communicate and concentrate on the respected line of their
divisions with vertical as well as direct relationship.
 Advantage – Control, monitoring, obligation and work is broad and convenient.
 Disadvantage – The essential leader or manager are full of it because of the obligation
and managing their whole division.
Hybrid Organisational structure – The structure separates the several practices in to various
division with the set of both division and functional structural practices. It is utilised in the
organisations which have broad and hard distinction of roles.

 Advantage – The ability and flexibility among the several departments is way to smooth
and it also assist in understanding the objectives properly (Hemming and Helwig, 2021) .
 Disadvantage – The work pressure on several divisions depends and that leads to the
dilatory effect to few particular circumstance.
Matrix organisational structure – It is a lasting kind of the structure which have to concentrate
on the few of particular kinds of function and it contains of top expert people of the applicable
area.
 Advantage – The effect required for the change is rapid with the low and flexible
utilisation of required resources.
 Disadvantage – The issues increases as because of the high utilisation of several
strategies, techniques and process as due to the confusion over the authority.
Define business function and their responsibilities:
Business function can be acknowledgement of all the practices which are operated by the firm
that shows about its abilities with the managerial aid. These operations are separated into main
functions and assist functions. Main functions include the essential way of the firm which leads
to the manufacturing of the final products or offering. Assist functions includes the adjunct
practices whose major role is to provide the main business practices. Business operations are
mainly divided into various functions that creates several divisions of the organisation. Some of
its divisions are:
 Finance – This organisational division is mainly responsible for managing the financial
books and records all the transactions linked to the business operations such as buying of
raw material, selling the final goods and budgets(Liu, Qingqing and Liu, 2021).
 Sales and marketing – The role of this division is to make the customers buy the
products and also to increase the sales volume of the goods by attracting the consumers in
several ways.
 Research and Development – The main responsibility of this department is to
understand the requirement of the consumer by finding new and effectual ways utilised in
the manufacturing to execute them in the organisational divisions that can lead to its
evolution.

The marketing function and its relation to other functions that leads to business success :
It is the division of the firm that operate in the market for understanding the needs and
wants of the consumer and also selling their products on the area of demand. It lets the market to
understand about the offerings of the company and also operates in showing its need and how it
can be helpful to the consumers. It is one of the essential division of the firm and it also impact
the working of the other departments as well (Lysenko-Ryba and Zimon, 2021).
 Research and development with marketing – The main function of this department is
to create new and innovative ideas regarding the development of the products. The
evolution of the new products should be basically based on the wants and needs of the
consumers.
 Human Resource with marketing – The human resource division of the firm focuses on
the over all working of the workers such as hiring, recruiting retention and evaluation of
the basic requirements. The marketing department liked to the working of the HR
department in letting the people know about the job opportunities or job vacancy in the
firm.
Management functions and how they manage a business :
Different management functions and their obligations:
For the effectual management, leaders or managers utilises specific functions that are called
managerial functions. There are usually 5 kinds of these functions which are mentioned below
briefly:
 Planning – It is the common and initial activity in the working of the accomplishment of
the business firm. It focuses on the method which are need be worked and goals which a
organisation can accomplish(Matthews, 2021) .
 Organising – This activity makes sure that the existence of all the helpful things which
are required in the method of selling the final goods in the market area such as
machineries, material etc.
 Staffing – It is only linked to the management and availability of the workers in the
company.
 Directing – Its main function is to give the worker with the instructions as well as orders
which are need to be follow and done.

 Controlling – It is the main function which makes sure that these above functions are
operated in accordance to the need of the organisation.
Two of the above functions are discussed in detail with there responsibility that help in the
success of a business organisation in the following points :
 Planning - It is main as well as common practice in the method of the organisation
which is majorly focused in the accomplishment of the objectives and goals of the
company. It assist in the success of the firm by understanding the process which is need
to be followed in order to achieve those goals(Olentsevich and et. al., 2021).
 Organising – It gives the firm with the systematised kind and availability of all the
required to confront the negative effect of the success of it. It also avoid the occurrence
and imitation of the work. It assist in the growth of the business firm by having the
optimistic effect of it.
Talent Management and Organisational Culture :
The role of human resource to talent management :
It is an essential element of the employee management technique of the HR which is need
to be concentrated. All the practices of the HR like hiring, retaining etc. known to be include in
this kinds of management just keep the workers with the organisation.
 Recruiting – It is the base of the hiring of the workers in the firm which can assist the
firm in achieving the long term goals.
 Performance management – It concentrates on giving the appropriate direction to the
workers which can promote their skills and effectualness.
Defining organisational culture and how positive culture impacts on the success :
It shows about the appropriate methods to act in the organisation by knowing the values
and ethics of the respective people or the manager. The effect of the adoption of culture and
identification as well(Smith and et .al., 2021). It is termed in the several kinds such as market
and hierarchical culture. Positive organisational culture is totally concentrated on the belief and
consideration of the consumers that gives the workers and the clients a trustable bond which
ultimately helps in the growth of the firm.

CONCLUSION
From the above report it is conclude that management is very essential for the personal as in the
profession life. It is involved in various factors and also in the growth of the firm. It is the broad
segment that is separated into several parts in total know and execute for the success of the firm.
Business departments such as sales, human resource, marketing etc. which are very much
essential for the long term success as well as growth of the company.

REFERENCES
Books and Journals
Cusinato, J and et. al., 2021. Repurposing drugs for the management of COVID-19. Expert
opinion on therapeutic patents 31(4). pp.295-307.
Dinter, B., Marjanovic, O. and Ariyachandra, T., 2021, January. Introduction to the Minitrack on
Business Intelligence, Business Analytics and Big Data: Innovation, Deployment, and
Management. In Proceedings of the 54th Hawaii International Conference on System
Sciences (p. 5656).
Hemming, D. and Helwig, M., 2021. Cite it right!: An Introduction to Citation Styles and
Citation Management Tools.
Liu, P., Qingqing, W. and Liu, W., 2021. Enterprise human resource management platform
based on FPGA and data mining. Microprocessors and Microsystems, 80, p.103330.
Lysenko-Ryba, K. and Zimon, D., 2021. Customer behavioral reactions to negative experiences
during the product return. Sustainability. 13(2). p.448.
Matthews, S., 2021. Changing the culture of drinking: the public houses in Carlisle before and
after the introduction of The State Management Scheme in 1916. Folk Life, 59(1),
pp.18-35.
Olentsevich, V.A and et. al., 2021. Economic efficiency of the introduction of the automated
locomotive reliability management system. In SHS Web of Conferences (Vol. 112).
EDP Sciences.
Smith, E.R and et .al., 2021. Introduction. Translational research advances in the evaluation and
management of moyamoya disease. Neurosurgical Focus. 51(3). p.E1.