Management Activities

koriordan93
Mind Map by koriordan93, updated more than 1 year ago
koriordan93
Created by koriordan93 over 4 years ago
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management activities
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Management Activities
1 PLANNING
1.1 4 STEPS IN PLANNING
1.1.1 SWOT Analysis
1.1.1.1 Set Objectives
1.1.1.1.1 Devise Strategies
1.1.1.1.1.1 Implement the Plan
1.2 TYPES OF PLANNING
1.2.1 Manpower Planning
1.2.2 Cash Flow Forecasting
1.2.3 Mission
1.2.4 Strategic Plan
1.2.5 Tactical Plan
1.3 ADVANTAGES
1.3.1 Guides the business to success
1.3.2 Helps avoid future problems
1.3.3 Helps secure Capital
1.3.4 Eliminates the business's weaknesses
1.3.5 Motivates Employees & managers
2 ORGANISING
2.1 ORGANISATION STRUCTURES
2.1.1 Functional Organisational Structure
2.1.2 Product Organisation Structure
2.1.3 Geographical Organisation Structure
2.1.4 Matrix Organisation Structure
2.2 FEATURES OF ORGANISATION STRUCTURES
2.2.1 Chain of Command
2.2.2 Span of Control
2.2.3 Line Organisation
2.2.4 Staff Organisation
2.3 ADVANTAGES
2.3.1 Helps solve problems quickly
2.3.2 Helps the business to cope with change
2.3.3 Improves efficiency
2.3.4 Minimises waste
3 CONTROLLING
3.1 STICK CONTROL
3.2 QUALITY CONTROL
3.3 CREDIT CONTROL
3.4 FINANCIAL CONTROL
3.5 ADVANTAGES
3.5.1 Makes sure the business achieves it objectives
3.5.2 Reduces the business's costs
3.5.3 imporve the cash flow
3.5.4 increases a business's sales and profits
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