Management is a compass for the organization .Management works in time ,system ,methods as per the organization chart to carry out the function of the management .Responsibility of the management is very significant as the efficiency & effectiveness of the management rest on the fortune of the company .
In order to make the function of management more realistic with the permanent ship & if any changes is needed it should in corporate where in time for which it should be represented in company manual ,this may also work as a guideline for the New comer in the board management after the retirement .
It is the administration which remains as a pillar of organization .Administrative activities are carry as per the organization chart but ultimately responsibility for carrying out the function of the organization rest with the administration .
The categories of administrative function are shortly summaries as follows
3 QUALITY CONTROL
4 STORE MANAGEMENT
6 SALES & MARKETING
7 INTERNAL AUDIT
8 PERSONNEL MANAGEMENT
10 LABOR FORCE
The success of respective units depend on the professional administrative management which remains the working force for the fortune of the company .
Management is to manage the affairs of entire unit or the organization for meeting the need & charter of the organization .The success of any organization rest with the management who has with them the affairs of the financial magnitude under the profitability of the unit concern .
Management has to carry out their assignment totally in professional line as they have to maintain the human relation with the employees of every categories so that they may fill that they are not merely employees of organization but they are the part of the unit .
With the function & co ordination of activities it gets reflected outside to their co-related customers who provide the services with the zeal & all the respect with management .
Customers are kings for the corporate world so to say they are an assets of the company as it is only through them the company fulfills both function of Demand & Supply.
With the main function of Demand & Supply through our customers ,we carry out the main areas of procurement of the need of raw material & other subsidiary part of materials for which the main function of the production carries out .
It is through our customers that we carry out the activities of our finished product through customers .
It is also the challenging need of the company also as for carrying out the said program they have to work out the Finance carefully so that timely payment of the material & the payment against the finished material must work well within the time limit.
If this works out successfully the organization as a whole with the shareholder of the company may create the image of the organization under a ‘’ Well reputed Company’’.