External and Internal Factors: Management Functions Assignment – Mgt 330, Week 2

Summary

Management functions are affected by both internal and external factors. A student gets examples of how the American Red Cross uses planning, organising, leading and controlling in response to these factors.

The American Red Cross

The Red Cross is a humanitarian organisation. It provides emergency assistance and disaster relief. Volunteers and donations support it.

Management functions

Planning, organising, leading and controlling are the four functions of management. These functions are affected by internal and external factors. Examples are given of how the Red Cross uses these functions.

Internal and external factors

Globalisation, technology, innovation and diversity are discussed. These factors affect the four functions of management. Examples are given of how the Red Cross uses these factors.

Delegation

Managers can use delegation to manage different factors. The Red Cross uses delegation to manage its volunteers and staff. Examples are given of how the Red Cross uses delegation.

Key terms

Globalisation

The process of increasing interaction and integration between people, companies, and governments worldwide.

Technology

The use of scientific knowledge for practical purposes, especially in industry.

Innovation

The introduction of new goods and services.

Diversity

The fact of different people and things being included in a group or organisation.

Delegation

The process of assigning responsibility or authority to another person.

Management functions

The four main activities that managers perform: planning, organising, leading and controlling.

Questions this document helps with

• How do internal factors affect management functions?
• How does technology help with management functions?
• What is the role of volunteers in the Red Cross?

Summary written with AI from the document's text.