Introduction to Management: Report on Business Structure and Talent

This report provides a comprehensive overview of key management concepts, including organizational structure, business functions, and the crucial role of marketing in achieving business success. It delves into different types of organizational structures, such as functional and product-based structures, outlining their advantages and disadvantages. The report emphasizes the importance of various business functions like productivity, distribution, and sales. It also explores the significance of marketing, including its influence on customer preferences and the impact of digital marketing strategies. Furthermore, the report examines management functions like planning, organizing, staffing, directing, and controlling, illustrating their interconnectedness and application with examples from companies like Amazon and Apple. The role of talent management in shaping organizational culture and driving long-term performance is also discussed, providing a holistic view of management practices.

Introduction to Management

TABLE OF CONTENT
INTRODUCTION......................................................................................................................3
TASK 1- Management structure and business functions.......................................................4
TASK 2- Marketing function and relation to business success..............................................5
TASK-3 Management functions and explanation of their responsibilities............................6
TASK-4 Talent management and organisational culture.......................................................7
CONCLUSION..........................................................................................................................8
REFRENCES.............................................................................................................................8
INTRODUCTION
Management holds high significance for company overall strengthened stronger
viable new scale innovation, creative development and services expansion as per customers

productive demand. The report will examine focus on management structure and business
functions usage, usage of marketing to further correlate towards innovative parameters for
larger scale growth rise effectively. Study further will discuss management functions and
their correlation towards varied scale responsibilities, and usage of talent management for
bringing on positive organisation culture towards strengthening company efficacy
benchmarks. The report will also further examples of corporate companies evolving within
global industry paradigms towards bringing new innovative management scenarios, further
also leveraging best customer goodwill.
TASK 1- Management structure and business functions
There are various types of organisation structure where companies functionally evolve
towards gaining stronger functional strength in working parameters, where structure
specification enables major innovation (Organizational Structures: But which to use?, 2017).
Functional structure: It is generally based on products and services which are offered among
competitive industry scenarios functionally, where activities or functions of departments
such as marketing and production, finance ate worked on. The activities within functional
related to departments are coordinated with chief executive aspects, for gaining specific
quality growth among productive services for target customers.
 Advantages : It is easily understood by employees within company, where analysis
further connects towards gaining specific connective rise effectively and also bring on
functional growth rise. Disadvantages: Functional structure disadvantage are based on aspects, where it
becomes challenging to keep accountability and monitoring done within all
departments.
Product based structure: The departments within product based structure are based on
specific functional aspects where product places all responsibility and authority under one
manager for effective marketing and promotions. Multi product companies with diverse
business lines further evolve towards gaining specific benchmarks, higher synergy goals for
further gaining stronger accountability.
 Advantages: The products manufacturing, production and marketing are done
effectively within longer goals for effective connectivity targets imperatively among
company long term targets.

 Disadvantages: The procedures involved within product based structure are
complicated , time taken which impacts on effective management structure planning
within longer run.
Business functions and their responsibilities can be understood to be widely crucial
for gaining best quality growth functionally as per long term functional targets within
company. Business functions can be segregated with productivity function, distribution
function, accounting and finance, sales and marketing function which have role to bring on
technical diversity. Example within corporate business world can be analysed as Tesco, one
of the biggest company in retail industry has been widely growing focus on best synergies
within business functions. The company organisation structure has been correlated with best
management in business functions, for larger scale vivid strength and also towards pertaining
stronger outputs as customer demands (Lóránth, Morrison and Zeng., 2021).
TASK 2- Marketing function and relation to business success
Marketing works as one of the key factor within business functions widely correlated
with success of company for gaining stronger range of promotions and larger scale functional
targets, pertaining towards customers preferences. The business function of marketing is
widely crucial for success of organisation for strengthening new aspects of efficacy, domains
connected towards best specific productive diversity standards. Retail industry has been
informatively growing to bring on new scale functional best competitive marketing domains,
for wider scale competent innovation. Marketing expertise as one of the key business
function is essential for business function, integral for keeping up informative diversity
standards worked on for binging new products and services. The marketing function is also
widely correlated to potentially evolve towards customer’s preferences, dynamic scale
growth rise on and also evolve towards gaining specific benchmarks.
This further gains specific scale expansion towards rapid scale marketing, higher
creative working goals towards overall specific rise effectively within longer run. As related
with corporate expansion goals, Sainsbury as one of the largest expanded company serving
consumer goods and diverse services, heads wide focus towards digital promotions. The
company has been bringing best advanced scale new digital marketing expertise for keen
effective marketing goals, parameters connected towards strengthening new domains
functionally. Retail industry brings on wide range of competitive scale growth expertise, for
targeting new audiences within social media marketing where platform is widely expanding

towards new targets. Marketing plays competitive role for integrating functional growth
development, towards gaining best quality services benchmarks and also for gaining best
quality growth rise towards overall productive rise. The usage of marketing function further
enables marketing mix factors related with price, product, place and promotions for bringing
on new scale functional growth towards varied goals. Marketing through digital standards,
further keenly enhances wider scale expertise worked on towards technical innovation and
effective connectivity for larger productive standards (Hillmann and Guenther, 2021).
TASK-3 Management functions and explanation of their responsibilities
Management functions such as planning, organising, staffing, directing and
controlling are the integral aspects within business development effectively followed in
company essential scale growth. The management functions plays strong role for gaining
stringent innovation, bets competent scale expansion rapidly towards effective varied scale
functional expansion rapidly. Implementation of all stages within management functions
enhances overall structural diversity standards, bring on structural growth informatively
towards untapped targets informatively for overall competitive development. The
management functions enable resources to be used on structurally, for scaling up new
competencies informatively towards untapped new synergies and wider productive targets
for higher strength goals (Fauzi, Santosa and Nurhayati, 2021).
Two management functions correlation can be analysed based on specific aspects,
where planning and organising are the most integral function for effective completion of
responsibilities. Amazon company is one of the largest company using best usage of
resources, for management functions scaling up competent scenarios for wider scale
functional targets towards attending new working goals within longer run. Planning and
organising also further adds to new specific scale performance rise for keeping up cost
effective resources usage, best outputs completion and also for connecting towards
untapped new targets. Amazon within corporate business world, has best e-commerce
services functionally evolving towards new untapped quality benchmarks and higher range
of innovations standards effectively.
This further evolves towards bringing best management trained efficacy among
new range of innovations; also further keenly evolve on wider performance goals towards
wider competent industry targets. Planning and coordination further adds to long term
goodwill rise for company to be further evolved, also to enhance keen new advanced

productive standards of outputs functionally. The integration of planning and organising
further enhances competent scale goals, based on keen new determinants and vivid range
competent expertise towards long term targets. Further it can be also analysed that Amazon
as one of the widely growing company innovatively uses planning and organising aspects,
for keen informative growth competencies towards usage of best resources. Planning and
organising further adds enhanced diversity targets for keeping up functional aspects, wider
usage of keen informative goals towards untapped domains for strengthened competitive
industry presence (Davis and Bendickson, 2021).
TASK-4 Talent management and organisational culture
Role of HR in relation to talent management can be understood to be widely crucial
for binging on new scale functional aspects, where skilled human resources further enhances
stronger range of efficacy imperatively within longer time run. Role of HR is also widely
correlated to bring on talent management functional rise actively where it enables employees
to be motivated for wider skills horizons, generate specific benchmarks and also operatively
expand potentialities. Talent management further adds to organisation culture effective
development and inculcating positive culture which impacts on success of long term
performance goals. Organisation culture enhances talent management actively and also
profoundly builds positive culture, bringing on effective positive cultural impactful working
scenarios rise towards stringent innovation. Apple as one of the best corporate company
example, has been keenly evolving towards bringing talent management rise and further
keenly bring on competent growth imperatively within business scenarios. It can be also
analysed that positive organisation culture further brings on dynamic scope for company
success, towards effective longer scale planned efficacy domains. HR by implementing talent
management platforms brings on scope towards leveraging new performance rise technically
and also enhances competencies for yielding stronger scale rise effectively. Apple uses
specialisation for effective talent management expertise functionally, also to evolve on varied
scale growth which enhances morale rise among employees. Further it can be also leveraged
that talent management further connects to strengthened positional goals, wider scale industry
targets in revenue rise within longer scale growth. Apple is also globally known for best
innovative organisation culture procedures, long scale performance growth effectively for
yielding best diversity parameters, towards competent functional rise (Daft, 2021).

CONCLUSION
From the above analysed aspects in report it can be concluded that functional
structure and product based structure, are the most essential business structure where it
enables further competencies effective development. Study further concluded marketing
function as one of the best management function, for correlating towards best dynamic
operative promotions of services. Report further concluded planning and organising
management functions, for gaining best scale expertise and specific competent usage of talent
management rise towards effective competent performance goals.
REFRENCES
Books and Journals
Daft, R .L., 2021. Management. Cengage Learning.
Davis, P. E. and Bendickson, J. S., 2021. Strategic antecedents of innovation: Variance
between small and large firms. Journal of Small Business Management, 59(1),
pp.47-72.
Fauzi, T., Santosa, P., and Nurhayati, N., 2021. The effect of internal elements of strategic
management of organizational structure, management role and employee
behavior on corporate mission. Management Science Letters, 11(4), pp.1189-
1196.

Hillmann, J. and Guenther, E., 2021. Organizational resilience: a valuable construct for
management research?. International Journal of Management Reviews, 23(1),
pp.7-44.
Lóránth, G., Morrison, A. and Zeng, J., 2021. Organizational Structure and Investment
Strategy (No. 15602). CEPR Discussion Papers.
Online
Organizational Structures: But which to use?. 2017. [Online]. Available Through :<
https://www.heflo.com/blog/business-management/small-business-
organizational-structure-examples/>