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Essay / Research Paper Abstract
A 5 page paper. To address the issue in the title, the writer discusses five functions of management, internal and external driving forces or factors that impact all businesses. The writer also comments on diversity and ethics and includes Microsoft in some of the discussion. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: MM12_PGebztc.rtf
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Unformatted sample text from the term paper:
is ongoing and relates to the organizations mission and objectives and how they can best be achieved (Erven, 2005). Organizing is about the companys internal organizational structure and has to
do with coordinating, controlling information and tasks and dividing those tasks among departments or persons (Erven, 2005). Staffing is what it sounds like, recruiting, hiring and retaining talented qualified persons,
then, evaluating performance (Erven, 2005). Directing has to do with influencing behavior through motivation strategies, group dynamics, leadership, communication and discipline all with the organizations mission and objectives as
well as each employees career in mind (Erven, 2005). Controlling is about setting standards of performance in terms of the organizations objectives, "measuring and reporting actual performance, comparing the two,
and taking corrective or preventive action as necessary" (Erven, 2005). These management functions are essential in every organization, regardless of industry. They are also essential whether the business is a
traditional company or an e-business. E-business is dependent upon technology, in fact, without technology, there is no e-business. The factors that impact e-business are both internal and external, just
as they are with a traditional business. However, there are certain risk factors associated with e-business that may be different (Ramachandran and Tan, 2001). The external factors that pose risk
to e-business include trading partners, competitors, customers, legal and regulatory (Ramachandran and Tan, 2001). The internal factors include technology, process, strategy and people (Ramachandran and Tan, 2001). If we think
for a moment, we realize these are the same risks every business faces. They are the same factors that affect all businesses. All organizations must respond to external forces by
using their internal forces (Ramachandran and Tan, 2001). This requires planning, organizing and controlling in terms of management functions. Businesses adapt to the external forces or they try to
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