create account

The Management Function in Business by tomlee

View this thread on: hive.blogpeakd.comecency.com
· @tomlee · (edited)
$16.60
The Management Function in Business
<div class ="text-justify">

Management of a business is very vital for the growth and sustainability of the business. If a business is being managed wrongly, there is a certainty that it will crash soon. Management of a business cuts across every part of the business including staffing, finances, recording etc. In Nigeria, poor management has led to the downfall of many businesses.

<center>https://cdn.pixabay.com/photo/2018/03/01/05/46/business-3189797__340.png
[source](https://cdn.pixabay.com/photo/2018/03/01/05/46/business-3189797__340.png)</center>

The zeal and resources of the entrepreneur will come to naught if he is lacking in the capacity to coordinate and channel the available resources to the attainment of an enterprise or company's purpose. That capacity entails a complex and delicate blend of human and material resources, strategy, work, organizational design amongst other factors. 

More so, it incorporates the ability to decode and utilize the turbulence in his environment that makes room for new thinking, new ways of doing things, fresh opportunities and unfettered possibilities. The totality of that process is called management and the person in charge of it is known as the manger. 

It is worthy of note that the manager is the coordinator of every goal-directed effort in a formal organization and the span of his power and authority is vast. It is he who determines what shall be produced, how it will be produced, when it shall be produced and for whom. He is also the person who creates jobs, assigns tasks, remunerates ad fosters consumption, savings and investment. Also, the makeup of a manager’s job is not a subject of serious contention though the priority accorded each aspect of the job could vary from one manager or management situation to another

Furthermore, the ubiquitous role of management and the manager in society has fascinated many observers and analysts. In modern society, the centrality and importance of management can hardly be better expressed. The relevance of management to everyday living thus explains, perhaps, why generations of management thinkers have spread no effort in trying to unravel the dynamics of management, explore consistencies in management practice and attempt to extrapolate and make generalizations about relations with a view to formulating a theory of general application. 

But rather than produce a unified theory of management, the effort has instead succeeded in generating a plethora of empirical and theoretical findings, some of which contrast one another. However, there is a general agreement that management must work with and through people to achieve desired results and outcomes. How best to work with people and get the intended result is another matter that should be considered by the manager.     

Sunnarily, in order to have a sustainable and profitable business, proper management measures should be put in motion else the business will certainly fail in a short while. This has been a case of many. 
</div>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 42 others
properties (23)
authortomlee
permlinkthe-management-function-in-business
categoryhive-175254
json_metadata"{"app":"peakd/2020.04.5","format":"markdown","description":"Management plays a vital role in business","tags":["business","marketing","stach","steemleo","leofinance","economy","money","writing","philosophy","dblog"],"links":["https://cdn.pixabay.com/photo/2018/03/01/05/46/business-3189797__340.png"],"image":["https://cdn.pixabay.com/photo/2018/03/01/05/46/business-3189797__340.png"]}"
created2020-05-05 11:59:03
last_update2020-05-05 12:31:09
depth0
children6
last_payout2020-05-12 11:59:03
cashout_time1969-12-31 23:59:59
total_payout_value7.386 HBD
curator_payout_value9.217 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,022
author_reputation129,878,046,954,800
root_title"The Management Function in Business "
beneficiaries
0.
accountph-fund
weight2,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,198,763
net_rshares29,905,024,554,204
author_curate_reward""
vote details (106)
@crypto.piotr ·
@tipu curate
properties (22)
authorcrypto.piotr
permlinkq9wp7r
categoryhive-175254
json_metadata{"users":["tipu"],"app":"hiveblog/0.1"}
created2020-05-06 10:59:48
last_update2020-05-06 10:59:48
depth1
children1
last_payout2020-05-13 10:59:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length12
author_reputation27,396,789,428,606
root_title"The Management Function in Business "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,217,284
net_rshares0
@tipu ·
<a href="https://tipu.online/hive_curator?crypto.piotr" target="_blank">Upvoted  &#128076;</a> (Mana: 35/42)
properties (22)
authortipu
permlinkre-q9wp7r-20200506t110005
categoryhive-175254
json_metadata""
created2020-05-06 11:00:03
last_update2020-05-06 11:00:03
depth2
children0
last_payout2020-05-13 11:00:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length108
author_reputation55,937,679,201,508
root_title"The Management Function in Business "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,217,294
net_rshares0
@samminator ·
Many businesses have gone south, not because they are not viable but because of lack of proper management. I believe management is the fulcrum that holds the business together.
Nice piece bro
properties (22)
authorsamminator
permlinkq9wblp
categoryhive-175254
json_metadata{"app":"hiveblog/0.1"}
created2020-05-06 05:47:15
last_update2020-05-06 05:47:15
depth1
children1
last_payout2020-05-13 05:47:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length191
author_reputation669,996,754,579,698
root_title"The Management Function in Business "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,213,474
net_rshares0
@tomlee ·
Yeah. Management is at the center of it all
properties (22)
authortomlee
permlinkre-samminator-202057t7480821z
categoryhive-175254
json_metadata{"tags":["esteem"],"app":"esteem/2.2.5-mobile","format":"markdown+html","community":"hive-125125"}
created2020-05-07 06:48:39
last_update2020-05-07 06:48:39
depth2
children0
last_payout2020-05-14 06:48:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length43
author_reputation129,878,046,954,800
root_title"The Management Function in Business "
beneficiaries
0.
accountesteemapp
weight300
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,234,149
net_rshares0
@sn0n ·
Idk why, but this looks like ai generated text...
properties (22)
authorsn0n
permlinkq9uxvm
categoryhive-175254
json_metadata{"app":"hiveblog/0.1"}
created2020-05-05 12:11:48
last_update2020-05-05 12:11:48
depth1
children1
last_payout2020-05-12 12:11:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length49
author_reputation25,801,997,535,483
root_title"The Management Function in Business "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,198,915
net_rshares0
@tomlee ·
what do you mean?
properties (22)
authortomlee
permlinkre-sn0n-q9uyjc
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"peakd/2020.04.5"}
created2020-05-05 12:26:06
last_update2020-05-05 12:26:06
depth2
children0
last_payout2020-05-12 12:26:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length17
author_reputation129,878,046,954,800
root_title"The Management Function in Business "
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id97,199,146
net_rshares0