Function of Management

Essay by rice7216University, Bachelor'sC+, March 2010

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�PAGE � �PAGE �5� Functions of Management

Functions of Management

Dawn Rice

University of Phoenix

MGT 330 Management Theory, Practice and Application

Instructor: Harry Clore

Date: March 15, 2010

Effective management is the ability to achieve established organizational goals; efficient managements refers to the ability to achieve goals by minimizing the waste of resources (Bateman & Snell, 2009). A pioneer effective management is McDonald. According to USA Today, McDonald is a leader in global foodservice retail with more than 30,000 locations serving approximately 52 million people globally each day. McDonald's success hinged on its ability to manage well. McDonald had to suit the local taste, cultural values, and traditions of the different countries where McDonald's stores were opened without weakening its appeal as an American icon (Jandt, 2007).

As McDonald expand globally, it had to overcome religious and culture obstacle. For instance, India's population is mainly Hindu and does not eat meat therefore McDonald had to eliminate meat from its menu, in Jerusalem it establish kosher and non-kosher restaurants to accommodate both Jewish and Non-Jewish community.

In doing so, McDonald management ensure the company adaptability to different cultures and community without jeopardizing the company's success.

According to Bateman & Snell, great executive not only adapt to changing conditions but also apply fanatically, rigorously, consistently and with discipline the fundamental of management which are planning, organizing, leading and controlling.

Bateman & Snell stated that management is "the process of working with people and resources to accomplish organizational goals" (Bateman & Snell, 2009, p. 19). The first level of management in a company are managers who delegate to others to achieve their company's goals. Management includes planning, organizing, leading, and controlling. Planning set up goals and deciding in advance what actions should be taken to achieve the established organizational goals. Planning...