Project #65926 - Principles of Management

You have just started work in an American MNC that deals with mid-range furniture that has factories in India and Vietnam. You have been hired as the new General Manager for Asia Pacific. Your boss, the managing director, tells you that the last General Manager was asked to leave because of his inability to instill modern day management practices in the company.

Using all four basic principles of management (planning, organizing, leading and controlling), write up a management business plan that clearly demonstrates such management practices. The student must apply the concepts in the context of this American furniture company, and not just describe and repeat the theories learned in class.

You are free to make assumptions about the furniture sector and the current business climate, which are all secondary in this assignment. What is important is that the management principles are clearly outlined and discussed with respect to the company’s situation. This report will be read by your immediate manager, the managing director.

 

Please ensure that your report follows the format below:

 

  • Introduction
  • Macro environmental analysis
  •  Porter’s Five Forces
  • Usage of the four basic functions of management: Planning, Organizing, Leading and Controlling
  •  General conclusion and recommendations

Min Words: 1300

Subject Business
Due By (Pacific Time) 04/24/2015 12:00 am
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