Decision Making - Role Of A Mangaer Flashcards
(5 cards)
What is the first function of a manger? (P)
Planning- looking ahead and setting strategic targets for the future performance. E.g. Increasing market share by 2%
What is the first function of a manger? (O)
Organising- obtaining and organising resources to achieve targets. E.g. Improving store layouts, increasing staffing, organising training programmes and organising promotional campaigns
What is the first function of a manger? (CO)
Co- ordinating- ensuring resources are in the right place at the right time and procedures are co- ordinated across the organisation. E.g. The same staff rota procedures are used.
What is the first function of a manger? (C)
Commanding - Giving instructions to employees and using delegation to ensure that activities are carried out. E.g. Employee appraisals
What is the first function of a manger? (R)
Reviewing performance to see if targets have been achieved and taking action to where appropriated e.g. Employing promotional campaign and checking cash budgets regularly