Management Principles: Business Functions, Marketing, and HR Analysis

This report provides an overview of management structures and business functions, highlighting the advantages and disadvantages of different organizational structures. It discusses the marketing function and its relation to business success, emphasizing its interrelation with research and development as well as human resources. The report further examines various management functions such as planning, organizing, staffing, directing, and controlling, and their role in managing a business. Finally, it delves into talent management and organizational culture, focusing on the role of HR in talent management and the impact of organizational culture on business success. Desklib offers similar resources for students seeking comprehensive study materials.

Introduction to
Management

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
Management structure and business functions.......................................................................3
TASK 2............................................................................................................................................4
The marketing function and its relation to business success..................................................4
TASK 3............................................................................................................................................5
Management functions and how they manage a business......................................................5
TASK 4............................................................................................................................................6
Talent Management and Organisational Culture ...................................................................6
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
Organisation is competence of managing, directing and ensuring that the things are done in a
suitable manner. In context to management, it is reliable procedure that include all the action and
roles that are undertaken in respect to accomplish the targets. As there are some of the diverse
actions that are include planning, social controlling, leading and maintaining all the physical,
financial and as well as human resources factors (Bongers, Schumann, and Schmitz, 2021). The
following report covers the discussion of organisational framework and managerial functions,
marketing operations in term to the business success, organisational operations and how they
maintain a business and at last it covers talent management and organisational culture.
TASK 1
Management structure and business functions
Management structure or managerial framework is a system that follows fundamental
sections in diverse manner in business that are oriented to exercise in respect to accomplish their
targets. It also involves the manner for managing of division among diverse levels.
Abstract the benefits and drawbacks of the diverse sort of managerial structure
As there are sort of benefits and drawbacks of the diverse sort of managerial structures
that are as follows -
Line organisational structure – In this divisions are organized as per to their type of roles.
They look forwards to communicate and concentrates on their relatives of line of divisions with
direct relationship.
 Advantage – The directions, roles and task is understandable and easy.
 Disadvantage – The executives and managers are overburden by their roles and
maintenance of their overall division.
Hybrid Organisational structure – This structure divides into various sort of actions with
combination of functional and as well as divisional structural activities.
 Advantage – The workability and resilience among diverse departments is effective. It
also supports managers in determining targets as efficiently (Boselie, Van Harten, and
Veld, 2021).
 Disadvantage – It involves burden over diverse fields and it will lead to slow response.

Matrix organisational structure – It is a permanent kind of structure that have concentrates on
some particular functions with skilled staff faculty who deals with such function.
 Advantage – The changes are fast and perform smoothly with minimum utilisation of
resources.
 Disadvantage – The issues maximise due to utilisation of diverse tactics, values and as
well as procedure as there are confusion over authorities.
Define business functions and their responsibilities
Business functions follows all the actions that can be followed by the management in
terms of their skills with organisational support (He, Yan, and Zhang, 2021). Such functions are
divided into fundamental divisions that include the essential procedure of the business that lead
to the managing relationship with their customers. It helps in performing the operations that lead
to the actions with roles and responsibilities to serve managerial actions. Managerial functions
are divided into various operations that forms in various divisions of the business. Some of these
divisions are as follows -
 Finance – This operations are accountable for maintaining all the financing and other
investing factors in the management in terms of funding, budgeting and financial
services.
 Sales and marketing – This section concentrates on fundamental operations to make the
customer satisfied with related goods and facilities. It also helps in maximising the sales
that will directly have impact on their revenue.
 Research and development – The roles of this operations and is to determine the
requirement of the market, determining new and efficient manner utilised in production
to execute them in business's operations that will lead to their growth.
TASK 2
The marketing function and its relation to business success
It is the function that are presented in the field of the marketplace for determining and
taking products and facilities from the place of production and demand (Hegele, and Schnabel,
2021). It create the market understand about the goods and the facilities that serves by the

management. It also have relationship with other divisions and the manner that how it will have
impact on the management that are as follows -
 Research and development with marketing – This function is utilised for creating new
orientated creativity and developing new innovative goods (Klassen, and Vreysen,
2021). The growth of any new goods or facilities should be based on the requirements of
the marketplace.
 Human resource with marketing – The HR division of the business will relates to the
supervise their workers and following actions in terms of hiring, training, retention and
examining their fundamental requirement and desires.
TASK 3
Management functions and how they manage a business
Diverse organisational functions and their duty -
Managers of the business apply effective organisation tactics while performing their
organisational functions. As they are generally of five types of organisational functions that are
as follows -
 Planning – It is the fundamental operational that is one of the primary action in the
procedure of accomplishing the organisational targets.
 Organising – It ensure the existence of all effective things that are required in the
procedure of arranging the goods in the field of marketplace.
 Staffing – This operations is linked with maintaining and availability of workers.
 Directing and leading– It is operation of offering the divisions with required section that
need to followed it by providing effective directions and guidance (Kovshun, and et.al.,
2021).
 Controlling - It plays effective role in operations and ensure such functions by
performing suitable expected roles in managing relationship among them.

Management functions and their relationship
 Planning – It is a fundamental action in the procedure of the management. It is related to
the identification of the targets that might be accomplished by the management for
development and the procedure that are need to be followed to accomplish such targets.
 Organising – It offers management with suitable form and accessibility of all required
sections to neglect the negative effects on the development.
TASK 4
Talent Management and Organisational Culture
Role of HR in relation to talent management-
Talent management is an essential factor of the workforce management tactics of HR that
are required to be concentrated. It involves all the suitable term of the actions of the Human
Resources in terms of the recruiting, hiring and retaining workers (McGarr, 2021). They
consider several sections that include this sort of organisation to keep the skilled workers with
the business of the management. As there are diverse functions of the HR promoted talent
management that are as follows-

 Recruiting – It is the manner of recruiting individual and concentrates on hiring the
talented and skilled the management with effective performance.
 Performance management – It concentrates on offering the suitable procedures to
workers that can promote their skilled workers with efficiency.
Organisational culture
It follows the suitable manner to behave in the business by considering the values,
standards and ethics of the workers and leaders. The effects of the determination adaption of
culture is immense. It is termed as several sort of culture in terms of hierarchical and market
culture (Steel, Haldane, and Cody, 2021). Effective managerial culture is based on the values and
ethics of the related marketplace that offers the workers and consumer an effective and trustable
relationship that will directly supports in influencing the consumers and maximising the
productivity of the workers.
CONCLUSION
From the above mentioned report it has been concluded that, management involves an
effective factors and components that are performed in a managerial entity. It is suitable topic

that are divided into various sort of sections that are execute for the development and
advancement of the management. As there are various managerial operations like sales and
marketing that are not just concentrated on their work but it will also managing relationship with
other managerial operations.

REFERENCES
Books and Journals
Bongers, F.M., Schumann, J.H. and Schmitz, C., 2021. How the introduction of digital sales
channels affects salespeople in business-to-business contexts: a qualitative
inquiry. Journal of Personal Selling & Sales Management, 41(2), pp.150-166.
Boselie, P., Van Harten, J. and Veld, M., 2021. A human resource management review on public
management and public administration research: Stop right there… before we go any
further…. Public Management Review, 23(4), pp.483-500.
He, Z., Yan, Y. and Zhang, Z., 2021. Thermal management and temperature uniformity
enhancement of electronic devices by micro heat sinks: A review. Energy, 216,
p.119223.
Hegele, Y. and Schnabel, J., 2021. Federalism and the management of the COVID-19 crisis:
centralisation, decentralisation and (non-) coordination. West European Politics, pp.1-
25.
Klassen, W. and Vreysen, M.J.B., 2021. Area-wide integrated pest management and the sterile
insect technique. In Sterile Insect Technique (pp. 75-112). CRC Press.
Kovshun, N., and et.al., 2021. Multi-vector activity in the introduction of integrated
administration of environmentally safe nature resources use. In E3S Web of
Conferences (Vol. 255, p. 01028). EDP Sciences.
McGarr, O., 2021. The use of virtual simulations in teacher education to develop pre-service
teachers’ behaviour and classroom management skills: implications for reflective
practice. Journal of Education for Teaching, 47(2), pp.274-286.
Steel, A., Haldane, C. and Cody, D., 2021. Impact of videolaryngoscopy introduction into
prehospital emergency medicine practice: a quality improvement project. Emergency
Medicine Journal, 38(7), pp.549-555.