Process of Management - Mark and Spencer Company

Added on -2020-02-05

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MANAGEMENT AND OPRATION
Introduction:
Management and operation define the process on the organization work. The management isdetermining the planning, organizing, staffing, motivating and controlling in the organizationobjective and goal. The Mark and Spencer Company create the skill and knowledge of thecustomer and students in the organization. The management determines the many process relatedto the work and environment condition in the organization. Operation management is the area ofthe management that consists the planning and controlling process related to the production ofthe product and services in the organization. The Mark and Spencer Company use the manyprocess of the management to producing the product and services and creating the skill andknowledge related to the product in the organization. The operation is the major function relatedto the many sources including the marketing, financial and non financial, production of theproduct. The manager of the company manufacturing the product capacity, resourcesrequirement, product management design. The management determines the current situation ofthe product and services in the market. The leader and manager play the many role andcharacteristic in the organization. The Mark and Spencer Company use the verity of the productand determine the skill and knowledge of the product and services for the customer in theorganization.TASK 1P1: Define and compare the different roles and characteristics of a leader and a manager.Leader and manager :A person or thing that holds a dominant or superior within its organization and company and its able to control our company and full work of our field successfully. A leader is the head of own field (Shuxin, A., 2011). A good leader increase company wealth increasing company goodwill satisfaction own customer and employee. A leader is very important role play important role for the Mark and Spencer company leader a playmost important role are increasing shareholder wealth maximization. The management of an organization and company maximizes the present value not only for shareholders but for all including employees, customers, suppliers and community at large. The goal for the maximum present value is generally justified on the following grounds including the It considers risk. It maintains market prices of its shares. It seeks growth in sales and earnings. Improve company wealthier field (Nakayama and et.al ., 2012). A leader manages full work of company and management of company. Role and characteristics of a leader and a manager: A leader is very important role play in company. A leader is play many different role are the play as a many different position .A important roles are many like company profit maximization and shareholder wealth
maximization improve company product value and brand value. A mark and Spencer company as leader plays many roles as a company manager. Important roles are increasing profit maximization. Profit maximization is considered as an important goal in financial decision making in an organization (Nakayama and et.al, 2010). It ensures that firm utilizes its available resources most efficiently under condition of competitive markets. Profit maximization as corporate goal is criticized by scholars mainly on following grounds include that it is vague conceptually. The profit is only one many objectives and variables that a firm considers. Many roles are a leader in a company and organization Important at the all levels role of the leadership is important for company all levels. Company all levels are required a leader a play very important role for company all levels. Representative of the organization- a leader is a representative person of an own company. A leader present company work. As coordinator on dealing with the coordinator. In every most company have an increasing dependence on the financial institutions for assistance. A leader or manager as a coordinator has an important role play in the organization for the administration of the company business and affairs. As a leader or manager as a play role like a friend a leader can be a friend by sharing the feelings, opinions and desires with the employees. A leader plays a roll like a friend. Mark and Spencer company leader a play most important role are increasing shareholder wealth maximization. The management of an organization and company maximizes the present value not only for shareholders but for all including employees, customers, suppliers and community at large. The goal for the maximum present value is generally justified on the following grounds including the company considers risk for the organization maintains market prices of its shares. It seeks growth in sales and earnings, Improve company wealth. The leader of the organization manages the innovation ideas and plan in the organization. compare leader and manager :a manager focus on company process and company procedure and a leader focus on people a manager maintains all the work for the company and a leader develops of the company all the work and programmera manager deals in the probable (Chen and et. al).A leader deal in the possible foe the work TASK 2P2: Examine examples of how the role of a leader and the function of a manager apply in different situational contexts The role of the leader applies the many situations including the many situations in the organization. The leader of the company is consists the communicator of the people in the organization (Brennan and et. Al,2015) Leader of the company is taking the best decision in many difficult situations in the organization. The leader plays the many roles as a sponsor, as a voice, as a decision maker, as a motivator, as an enforcer and as a communicator.As a sponsor: the leader is the company sponsor. That is making the innovative and initiative plan and ideas in the organization(Baboli and et.al,2013) The leader of the Mark and Spencer

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