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FOR:
FROM: REPORT ON ROLES AND RESPONSIBILITIES OF MANAGERS AND IMPORTANCE OF ENTERPRISE WITHIN THE ROLES
TERMS OF REFERENCE
In November 2003 the Management and Enterprise lecturer instructed the students to investigate the roles and responsibilities of managers at various levels within business organisations and to appreciate the importance of enterprise within those roles. ... The aspects that will be looked at in detail are: management functions and their application to the business, the organisational structure of the business, management skills and responsibilities, management styles, the enterprise function and innovation and internal and external constraints on management. The report must be submitted to the Management and Enterprise lecturer by 13th May 2003.
PROCEDURES
Perkins Engines was visited in Peterborough
Work experience took place at Masterfoods Peterborough
Questions were asked at both companies and management responsibilities, styles and how enterprising company is
Background research for both organisations were done using their websites
FINDINGS
Organisation Background
Perkins is owned by Caterpillar and is a private limited company although CAT is a public limited company. ... Productions management can also be called operations management in more recent years. ... Within the finance department there are two main sub-divisions: the financial accounting function and the management accounting function. ...
The management accounting function has the responsibility to try to make the company go in certain directions, based on the analysis of figures for the present and predictions for the future. ...
Narrow functional experience is less suitable as training for management
The main functional areas that exist at Perkins Engines in Peterborough are production operations, finance, human resources, marketing and management information services.
Approximate Word count = 1436
Approximate Pages = 5.7
(250 words per page double spaced)
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