Introduction to Management: Functions, Structure, and HR Management

Introduction to
Management

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK ..............................................................................................................................................3
Management structure and Business functions...........................................................................3
Business Functions......................................................................................................................4
Marketing Function.....................................................................................................................4
Management Functions ..............................................................................................................5
Interrelation of Management Functions......................................................................................7
HR and Talent Management.......................................................................................................7
Organisational Culture................................................................................................................8
CONCLUSION ...............................................................................................................................9
REFERNCES:................................................................................................................................10
Books and Journals:..................................................................................................................10

INTRODUCTION
The report aims to understand various key function and concepts of management. A
business has dynamic and changing workplace which carries out several functions, activities and
task in a systematic manner. Management is all about performing each functions and activities in
an effective and efficient manner. It refers to plan, organize, hire, monitor and control all the
tasks take place in organisation (Pettinger, 2020). The report is going to understand management
structure, business, marketing and management functions and their interrelation. Also, there will
be explanation of HR and talent management in making positive organisational culture.
MAIN BODY
TASK
Management structure and Business functions
Organisational structure is all about setting directions and obligations in order to carry
out various activities and task in the business. It gives systematic authorities and responsibilities
from top to bottom level in the organisation. There are decentralised and centralised structure
through which decision, power and duties will be flow within the company.
Management is one of the key function and most requirement activities to be perform in
organisation. It takes control on different workflow and activities by coordinating among
employees, managers and leaders (Averina, Avdeeva, and Perevalova, 2018). Management is
key consideration which put all the human resources together toward achieving common goals
and objectives.
There are different kinds of organisational structure with some advantages and disadvantage that
are presented below:
Hierarchical organisational structure: this kind of organisational structure is all about
settings chain for giving direction. It flow from top level managers to the lower level
subordinates. The main purpose of this structure is to regulate commands in systematic manner
so that decision making will be effective. It has merit that employees has assigned their
authorities and responsibilities and they will be guided by supervisors. Whereas, the demerit is
employees are not allowed to interfere in decisions and policies making which hinders
opportunities and innovation.