Business at Work :: Papers

Business at Work using the peter drucker- The practise of management We can see Coca pot is successfully achieving its objectives. Profitability- The primary goal of any profit-making organisation is to increase earning per market. alike coca gage is also maximising its profits Marketing appropriate and standing- Cooperate marketing objectives can cover aras such as what products are to be sold in which markets, whether or not the organisation should scram to be the market leader in terms of pricing or product development. Productivity- coca- smoke produces different brands of products for its customers, brands like diet coke, fanta, coke, and sprite. E.t.c. With all this products coca cola sells, it increases its revenue making the organisation make profit. Management and employee performance- this covers the development of skilful management and employee relations. Coca cola usually motivate its employees by magnanimous their employees leaves and promotions coca cola also operate an equal opportunity policy. skillful innovation- coca cola has to decide whether or not it should aim to be a technical innovator in terms of its products, or whether it should hunt the lead or somebody else. Social and public responsibility- Coca cola usually donate money to the less privilege and also comprise precautions in the ingredients being exercised in producing their products in other not to harm their consumers. Resource utilization- this is where objectives are set which relate the efficient use of physical and financial resources. Vertical communication is the type that goes from the top of organisational map to the bottom and vice versa. Vertical communication allows decisions by managers to be carried surface by employees. It ensures that action is consistent and co-ordinated, reduces cost because fewer mistakes will be made. It leads to greater effectiveness and profitable. It helps managers understand employees views and concerns. It can alert managers to potential problems. swimming communication takes place when people at the same level inwardly an organisation pass information. An example might be a division