Managing Business Activities

This helps make timely decisions, a business can use operational support to control duties. This could be anything from reminding employees to send their work in at a specific time or telling a fast food restaurant when to defrost food.

Operations function is vital to overall business performance as it is where a number of process come together to make the products and service to satisfy customer needs. However, operation function needs the finance function to manage the flow of

The main functional areas of a business are marketing, human resource, finance, information systems and production. All these interact with each other in different ways but all contribute to effective management. Management would not be completely effective if one of the above areas are missing. They are all needed in different ways to make sure that the business reaches objectives, achieves effectiveness and efficiency and while doing this trying to get a balance in which they can satisfy different stakeholders.

Culture can be defined as a set of shared values, shared beliefs and customary ways of thinking doing things, which shape and guides the ways of organisational members. Culture is therefore very crucial as it has the ability to influence the processes or the activities of employees and the functioning of the organisation without necessarily imposing measures and control.

Culture is a main part in a business and it has a huge power on the intentional way of business. Culture effects management for decision making and all other business purposes from production to accounting. Furthermore the business culture can be defined as an evolving traditional of combined beliefs, standards and attitudes. Culture is a main section in an organization and it has a huge effect on the intentional direction of business.

Introduction: There are three sectors of the economy which are public, private and voluntary sector. I have chosen to do research on Royal mail they are they are the largest postal service up to date and has a long history of postal service dating back to the 18th century which is why I will do research on Royal Mail for the public sector along with John Lewis for the private sector.

Consolidating key business functions to enable more productive and efficient operations and refocus resources on customer-facing aspects of the

Business does not run itself. It requires a variety of management activities in order to operate properly.

business functions and the supporting infrastructure are designed and engineered in such a way that

Organizational culture is defined as values, beliefs, and expectations that keep organizations together and also influence employees. Culture varies from organization to organization and that is what sets them apart from one another. As an employee, a company’s culture should play a major part when deciding if the organization is a good fit for you. If management is transparent with their employees and there is a clear understanding of what the company’s culture is, and what is expected of everyone, it will have a positive impact on employees. There can also be disadvantages in organizational culture and

During any management process, time and effort may not be evenly divided among the four functions. It is helpful to be versatile as other responsibilities may take priority over another. Whether it is interruptions, meetings, or last-minute requests, there is never enough time to accomplish everything in one day. This is when implementing the four management functions will help.

An organization’s culture shapes the attitudes and behaviors of its employees by defining boundaries, providing a sense of identity and stability. It also establishes a standard in regards to what employees should say and do. Culture can be transmitted via stories, rituals, material symbols and language. Culture within an organization is no exception.

According to Mihaela (2014), the culture of a country contributes to the development of any country it helps in attracting the opportunities in business. The business culture of every country is quietly affected by the social life and

Since organization culture is the combination of many factors there are several factors that could affect it. Among the internal factors to consider are the company’s approaches to their processes, is the company more into results and profits or product quality and employee’s safety. Management style is another important feature that affects corporate culture micromanage companies tend to have less motivated employees. Technology these days influence organizations at all levels as the company’s approach to technology will go hand on hand with bettering processes. New factor affecting corporate culture these days is the different work arrangements that are needed these days with the implementation of flexing time and tele-working had commuting acceptable. The management approach to work environment, communication style will definite affect organization culture.

In all industrial companies there are a number of key tasks or function that must be carried out regularly. Stock must be bought, the bills must be paid, the customers have to be served and the customer enquiries have to be dealt with. In a small organisation all the jobs may be done by one or two people occasionally, however in a large organisation people have to be specialised in many different individual tasks. A big company is usually easier to identify separate functional areas because employees work together in departments. Each individual department carries out tasks to relate to their particular area. The main purpose of functional areas is to ensure that all important business