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Managing Business Activities in the ABC Compa

   

Added on  2020-07-23

18 Pages4523 Words291 Views
MANAGING BUSINESSACTIVITIES
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 ..........................................................................................................................................11.2 ..........................................................................................................................................21.3 ..........................................................................................................................................22.1...........................................................................................................................................32.2...........................................................................................................................................42.3 ..........................................................................................................................................62.4 ..........................................................................................................................................7TASK 2............................................................................................................................................73.1: .........................................................................................................................................73.2:..........................................................................................................................................93.3 ........................................................................................................................................103.4.........................................................................................................................................104.1 ........................................................................................................................................114.2 ........................................................................................................................................114.3.........................................................................................................................................124.4 ........................................................................................................................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
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INTRODUCTIONTo manage a business effectively, there is a need to know about the various tools that arerequired to followed by the operational manager in the firm. There is a need to know about theinter-relationship among the diverse functions in the ABC company. The key objectives of thisreport is to manage the business activities via understanding various managerial skills so that thebusiness can operate in effective manner (Oakland, 2011). However, this also has been seen thatthe operational managers makes a plan in such a manner so that diverse management tools ormethods can be implemented in the firm in order to attain firm's objectives. After implementingthose processes, there is a need to have constant monitoring and controlling of quality standardsin state to improve firms performance.TASK 11.1 Organisational structure: Organisational structure of ABC companyis hierarchical tall structure. There are diverse levels under this structurethat are top level managers, middle management, recruitment managers,operational manager, operations related managers and their staff.Organisational culture: The firm like ABC operates their firm by usingpower culture. The action is impacted via dominating important authorityunder this system. Less authorities is adhered inside the environment andimpact the profitability of organisation..Mission statement:It is inherent purpose of the firm. Work that areprovided by ABC company useful during framing organisation mission. Thiscovers the aim and objectives of the firm. The mission statement emergedfor develop the services in order to meet diverse stakeholders objectives.Goals and belief: It is known as key components that would fix interactionamong diverse strategy and organisation statement. The cited company isfixing their goals and objectives in order to get the success factors viaattainment of mission activities. The values that are unique for each firm(Oakland, 2011. The cited firm add them in order to reduce the functional1
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costs. Via creating values inside the firm that would help them to retainemployees.Business processes: These are said to be that process under whichvarious steps are to included in the firm. Various processes are followed inthe company to manage and control operation.. Diverse role are linkedtogether to run the firm in a most appropriate manner. Some of them are: Management processes: By using effective planned management,processes can be regulated by the operational management.Operational steps : By identifying the particular requirements or plan forrunning the basic procedures such as human resources, management andother aspects of company. Encouraging processes: Such kind of procedures assist the functionaloperations to attain overall objectives and values of the firm as accounting,financial, IT, and others.1.2 Mapping diverse organisation are effective task for the managementthat is related to development of an operational level. By using process,various processes are identified through knowing pre set targets of thefirm. By application of this tool, company can assess the activities andrenders direction to the management for gaining the competitive advantageover the other rivals. Via use of mapping approach, firm's processes aremapped for communicating primary part of cited organisation. Firm's mainrole or departments are connected with future goals. The procedures are:Input, output, diverse action, decision making, functions adopt necessaryrequirement that are related with connecting diverse action. With the use ofkey performance indicators, the firm's financial performance is assessed. Onthe other hand, via non financial performance indicators, variousmanagement functions like- human resource management and others areassessed. By adopting the cost, human resource is motivated, attracted andretained under the firm. This would be helpful in watching personnel and2
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