Four functions of Management Internal and External Factors Assignment

Four functions of Management Internal and outdoor(a) Factors - Assignment ExampleWhen considering the internal and external factors in the management of the above resources in an organization, such factors as globalization, diversity, technology, and ethics among many others affect the four basic functions of management as discussed in the essay below. globalisation is a contemporary social feature arising from the use of the efficient means of both transport and communication. globalization in byplay refers to the engagement in business beyond the boundaries of a country. This implies that business enjoys a adult market thus increasing the likelihood of success. Globalization requires increased presence of a business in the market in order to increase the coverage of the market. Managers essential therefore plan effective trading operations of the business in order to sustain appropriate operation. Globalization for example requires increased resources since the cost of doing business will definitely increase. The organization must therefore have adequate human resource among other significant resources in order to enhance the success of the company. Managers thus portray their leadership skills as they actuate the employees thus increasing the companys productivity.Controlling is a fundamental human function mandated with the work at of measuring achievements against the organizations goals and established objectives. Growth and sustained profitability is always among such established objectives. Globalization is a type of growth thus compelling managers to plan for the utilization of the resources and portray effective leadership skills in order to sustain the growth of the company as it ventures in the global market. A company must employ appropriate production and marketing strategies in order to realize the desire profitability a lot associated with globalization. Diversity is an equally important factor that arises with globalization and