The basics of business management.

Topic 1 - Business Management and Change UNIT 1.1 - THE NATURE OF MANAGEMENT (PAGE 2) *Management is the process of getting things done through other's activities oIn the business world, "XInvolves creating and environment encouraging individuals to carry out acts. *Achieving personal and corporate goals. oLargely a people orientated activity involving, "XDiscussion "XDecision making "XDirecting "XAdvising oTasks of managers vary depending on "XThe nature of the business "XLevel of management concerned The Importance of Effective Management (Page 4) *…

…Environment *Need to save as many resources as possible. oTherefore, we need to be as efficient as possible. *THIS IS THE PROBLEM OF SATISFYING AS MANY NEEDS AND WANTS AS POSSIBLE IN RELATION TO OUR SCARCE NUMBER OF RESOURCES... Compliance with Law *Act to comply w/all aspects of law *Management must ensure this. Codes Of Practice *statement of policies *Implemented my managers oClearly defines behaviour and conduct "XLeads to increased productivity and pubic confidence.