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Management and Operations Assignment : Tesco Plc

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Added on  2020-12-10

Management and Operations Assignment : Tesco Plc

   Added on 2020-12-10

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Management andOperations
Management and Operations Assignment : Tesco Plc_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1(A) Differences and similarities between a leader and manager by consider their roles andcharacteristics..............................................................................................................................1(B) Functions of manager according to Fayol.............................................................................3(C) Situational leadership, systems leadership and contingency leadership...............................4TASK 2............................................................................................................................................5(1) Key approaches of operations management and its application in store of Tesco Plc..........5(2) Roles of store manager..........................................................................................................6(3)Value and importance of operations management in achieving business objectives............7(4) Factors within business environment which affect the operational management ...............8(5) Impact of factors on decision making process of store manager...........................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10.......................................................................................................................................................10
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INTRODUCTIONManagement and operations refers to the administration of business practices in order tobring highest level of efficiency possible within an organisation. It is related with the activitiesincluding conversion of materials and labours into finished products that can be sell to thetargeted customers and maximise profit of an organisation. For this, the management is heldresponsible to perform its roles and responsibilities in more effective and efficient manner thatwill company in achieving huge sales and revenue. The present assignment is based on Tesco Plcwhich is one of the largest supermarket retailer of UK engaging in providing wide range ofgroceries products. The project discusses roles and characteristic of leaders and managers,theories and models of approaches along with their strengths and weaknesses, analysis ofexternal factors etc.TASK 1(A) Differences and similarities between a leader and manager by consider their roles andcharacteristicsDefinition of Manager: It is an individual who is liable to manage and monitor theperformance level of employees at workplace with a clear objective of executing businessoperations more effectively and brings maximum profits to company (Balasubramaniam and et.al., 2016)..Definition of leader: Leader is an individual who has an ability to get work done fromothers in more effective and efficient manner by providing them suitable guidance andmotivation which indirectly support in increasing their efficiency level as well.Comparison of leaders and managersBasisManagerLeaderTraitsManager is having varioustraits such as Forge vision,visionary, Emphatic etc. whichbrings employees together toachieve organisational goals.Leader is goal oriented whofollows vision of manager.Along with this, they act asmotivator who bringsemployees into confidence towork hard and providemaximum results.1
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