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IX. .

I. . .

Functions of Management

There is a statement: "Management is getting work done through people." Moist of achievements in any society take place because groups of people get involved in joint effort. Almost everyone is, was, or someday will be a manager, i.e. the person who coordinates human, information, physical, and financial resources of an organization. In order to perform their functions adequately, managers need interpersonal, organizational, and technical skills.

Management is a team of managers who are in charge of the organization at different levels. Regardless of the specific job, most managers perform five basic functions:

Planning

Organizing

Staffing

Directing

Controlling.

Planning involves determining overall company objectives and deciding how these goals can best be achieved. Managers consider alternative plans before choosing a specific course of action at all managerial levels. Planning is listed the first management function because the others depend on it. However, even as managers move on to perform other functions, planning continues as goals and alternatives are further evaluated and revised.

Organizing, the second management function, is putting the plan into action. Organizing involves allocating resources, especially human resources, so that the objectives can be attained; creating new positions and determining responsibilities. Staffing, i.e. choosing the right person for the right job, is also a part of the organizing function.

Fourth is the day-to-day direction and supervision of employees. In directing, managers guide, teach, and motivate people so that they reach their potential abilities, and at the same time achieve the company goals set in the planning stage.

At last managets controll and evaluate how well overall company objectives; are being met. If there are any problems and objectives are not being met, changes need to be made in the company's organizational, or managerial, structure. In making changes, managers might have to go back and replan, reorganize, and redirect. Effective managers achieve the goals of the company through a successful combination of planning, organizing, staffing, directing, and controlling.

Personal business management is a one-semester course for the high school students. Its purpose is to provide students with a variety of tools necessary to meet future needs making career decisions, managing money, providing economic security, managing credit, and keeping up to date with technology. It is useful for all the students for better understanding and adaptating to the financial world they will enter. A student examines his or her societal and personal expectations, needs and wants, controls and restraints both for the present and future. The emphasis is made on decision-making skills, planning and analysis. The informed person is better able to draw maximum benefit and is well-adjusted to the social, economic, and technological changes.

II. .

1. What is management?

2. What are managerial tasks/goals?

3. Why is planning the first managerial function?

4. What are the other managerial functions?

5. How do the managers achieve the goals of a company?

6. What kind of skills must a manager have?

7. What is Personal Business Management?

Is it necessary to introduce this subject in Russia?

IV. .

Management () a team of managers responsible for driving / leading an organization toward its objectives
Manager () a person who has the skills or is in the position to oversee the functions of an organization
Objective () a statement derived from an organization's goals
Alternative () a choice or option; in decision-making a potential solution to a problem
Budget () plan of incomes and expenditures
Supervision () control of employees' performance, training and motivating
Position () a job in a company or organization
Personal Assistant (n) secretary who provides special help to a manager or director
Personnel Department (n) a department in a company, that keeps, records, training and recruitment
Attain (v) achieve; to successfully complete something
Move on (v) continue
Motivate (v) direct the behavior of employees toward company goals
Allocate (v) distribute for a specific purpose

V. .

direction ,
staffing
course of action
human resources
alternative
supervision
attain
revise

VI. .

Direction secretary who provides special help to a manager or director
Move on to set aside or distribute for a specific purpose
Motivate to continue to the next phase
Allocate to direct the behavior of employees toward company goals
Position Instruction and supervision of some course of action
Objective a choice or option
Alternative a statement derived from an organization's goals
Personal Assistant a job within a company or organization

VII. .

managerial general
strategy responsibility
be in charge of achieve
duty stage
attain set up
establish be responsible for
phase course of action
overall organizational

VIII. ( ).

/
manage management, manager managerial
allocate    
alter    
achieve    
guide    
motivate    
supervise    

IX. . .

govern an organization

run a company

meet objectives

To attain goals

To perform functions

To centralize authority

To delegate authority

To achieve goals

To establish objectives

To assign tasks

To perform tasks

To make changes

To respond to changes

To reach someone's potential abilities

To adhere to rules.

X. . .

Arranging a meeting

A: What about the Draft Contract?

: Oh, I haven't finished it yet. Don't worry, it'll be ready on time.

A: Good. I've got a meeting with the lawyer tomorrow at 9. Will you come?

B: Just a moment. I'll look into my diary...

Yes, that'll be OK. What are you going to discuss?

A: We're going to talk about packing.

B: Right, I'll certainly be there.

A: Great. Look, I'm going to have lunch in half an hour.

B: Sorry, I've got another appointment for lunch. We could meet later this afternoon.

A: OK, let's say at 3 o'clock P.M. in my office.

B: Fine, I'll be there.

 

X. , .

Alterations, team, established, overall, goal, achieved, position, stages

Plans are set up in the first stage of the project.

Organization goals are attained by successfully combining the functions of planning, organizing, staffing, directing and controlling.

During training for my present job I took courses in accounting.

The organizing function may be divided into two phases: determining positions and their associated duties and staffing those positions.

Managers should periodically control how well general company goals are being met.

It is the purpose of an organization to "make common people do uncommon things".

The risk of choosing a wrong course of action may be lessened by participation of a group rather than an individual manager.

Plans are often subject to slight changes before implementation.

XI. .

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manage management, manager managerial
allocate    
alter    
achieve    
guide    
motivate    
supervise    


 

IX. . .


To govern an organization needs strength

To run a company needed funds

To meet objectives need motivation

To attain goals we need money

To perform functions need materials

To centralize authority necessary laws

To delegate authority must be able to manage people

To achieve goals need workers

To establish objectives needed owner

To assign tasks need problems

To perform tasks need a lot of effort

To make changes need to make a plan

To respond to changes you need to follow the process

To reach someone's potential abilities reluctant to acknowledge another's superiority

To adhere to rules necessary organization













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