Q. Express the characteristics of the four functions of management.
Express your manufacturing option decision.
Explain the pros and cons of that decision and the logic you used in reaching that decision.
Discusses the impact that decision might have on the controlling, leading organizing and planning functions of management
Management is broken down into four basic functions: Controlling, Leading organizing and Planning. Continuing with the scenario from unit 1, as part of management you now need to make a decision about Explain how to manufacture the product; you have 3 possible options:
1. Establish manufacturing of all components and final assembly.
2. Establish assembly only operation with components purchased from local vendors.
3. Outsource the entire manufacturing operation to an offshore Industry.