MANAGEMENT PRACTICES AT BARLI TIRE COMPANY

Management Practices at Barli Tire Company

Management practices at Barli Tire Company

Introduction

It is significant that a certain business must furthermore give sufficient attention to its economic stability. The financial aim of certain commerce is like an axis in which other objectives or goals are revolving. The financial component involves the context in which an industry pertains, i.e. the configuration of the affray in which a business operates the hardworking demand of the goods, general economic condition of the territory or district, situation in relative with other industries, and the position of the asset markets. The marketing notion has characterized as 'the key to achieving organizational goals' and the trading notion rests on 'market aim, clientele orientation, coordinated marketing and profitability'. It is important to note in this concept that no company can survive if it has any benefit, so you should always maintain a certain level of competition with other companies engaged in the production. The concept of management is moving in an environment in which, generally, resources are scarce, and on this basis, the person in charge of management should apply different formulas to be this way, persuade and motivate to achieve consistently all sources of entrepreneurial capital with the aim of achieving the same support all projects that the company plans to undertake.

Thus, the concept of management apply to business management requires that it meets four key functions for the performance of the company. The first of these functions is the planning, which is use to combine resources to plan new projects that can be profitable for the company in more specific terms referring to the planning and overall visibility across the enterprise and its corresponding environment, making the specific decisions that can determine the most direct route to the planned objectives . The second function corresponds to fulfill the concept of management is the organization which grouped all the resources that the company has, by working together, to obtain a better use of them and be more likely to get results.

The direction of the company based on the concept of management involves a very high level of communication from managers to employees, and this comes from having the goal of creating a suitable environment and increase work efficiency employees' work by increasing the profitability of the company.

Discussion and Analysis

Management functions are specific, specific content and can be implemented independently. They may be inextricably linked, and are not linked. Most often, they seem to interpenetrate each other. For example, information collected through the implementation of a monitoring function, "says" managers about how their plans (the planning function). At the same time, control must be properly motivated and organized (a function of motivation and organization). In other words, in the management of all administrative functions are combined into a single integrated process. If the manager wants to ensure "cloudless" the future of your company (organization), it must continually perform all administrative functions.

About The Company

Barli Tire Industry Ltd is a manufacture of tire, ...