Professional Documents
Culture Documents
Business Environment: Role of Managers in Social Context
Business Environment: Role of Managers in Social Context
Content
Various Levels of Management.
Functions of a Manager. Responsibilities of a Manager.
Includes the role of manager in social context.
Managers
Managers are people responsible for supervising/ managing the organizations resources to meet its goals.
the firm.
Responsibilities of a Manager
RESPONSIBILITY TOWARDS CUSTOMERS RESPONSIBILOITY TOWARDS SHAREHOLDERS RESPONSIBILITY TOWARDS EMPLOYEES RESPONSIBILITY TOWARDS SUPPLIERS
AND RETAILERS RESPONSIBILITY TOWARDS INDUSTRY AND COMPETITION RESPONSIBILITY TOWARDS UNION RESPONSIBILITY TOWARDS GOVERNMENT RESPONSIBILITY TOWARDS SOCIETY Other Responsibilities (Continued)
Other Responsibilities
Maintaining relations with various society segments Coping with increasing levels of aspiration Public criticism and political opposition Coping with growing technological sophistication
Contd..
Aim at marketing the right product, at the right
price and of the right quality. to provide the right match between quality and price. quality is perceived in relation to the price of the product ensuring that the desired quality of product at a reasonable price is made easily available to the customers
Contd..
to ensure that the shareholders are able to earn
profit on their capital regularly informed about all important decisions, activities and results. prime responsibility of the manager is to ensure the security of the shareholders capital. the manager must, at least, ensure the survival of the firm.
Contd..
ensure that all dealings with the employees are fair.
ensure that the employees are not cheated, harassed or
humiliated. child labor, bonded labor, workers suffering from debilitating diseases because of unhealthy, unsafe working environments contribute towards education and marriage of their employees children.
specification, adequate time for production, fixation of a fair price and prompt and timely payments) No delay in payment. provide accurate and complete information about the various facets of its business when applying for financial assistance two-way relationship
Contd..
ensures that the distributors and retailers receive
products which are trouble-free. target based incentives, commissions and rewards to motivate the dealer. ensure that second grade or inferior quality goods are not shipped.
employees and management. management and union have a great degree of mutual dependence recognize and acknowledge the bargaining power of the union.
legal framework as specified by the government paying regularly and fairly all taxes, dues and duties. manager must strive to make firm a model corporate citizen.
the environment.
Other Responsibilities
Maintaining relations with various society segments
Contd..
Coping with growing technological sophistication
Thank You.