Business Management Practice Assignment Example | Topics and Well Written Essays - 2000 words

Business Management Practice - Assignment Example Firm sizes is a big factor to consider in employing the management structure since bigger company size entails a more complicated management structure. In a company where it employs an estimated 100 individuals in the workforce, it will most likely have a president that will be n top of the structure. There will be vice presidents that will aid the president with the improvements of the different departments like growth in sales, increase in administrative costs, changes in marketing strategies, financial reports, and other information essential in strategizing the company’s next move. On the other hand, a firm with employees lower than ten would mean a simpler management structure. There will be a manager, secretary, a bookkeeper and administrative help in the least. There are three assumptions to be considered according to the classical management theory established by F.W. Taylor (Alajloni, M.M., Almashaqba, Z.M.S., Al-Qeed, M.A.N., 2010). From this study, it is set that first, it is assumed that to avoid conflict in relationships, management and employees have defined sets of tasks and responsibilities, formal procedures and well structured communication. This is where an organization sets the border line between the lower and middle tier and the upper tier which are members of the management. Formal communication among the superior-subordinate relationship should be established as this will be a tool in defining respect and boundaries between the management and the workers. Second, that these workers in a company are economical, that all of them are motivated by monetary means only. It is assumed that workers are after the Third, and last, that these workers are there for production purposes; that they are responsible for the production mech anism of a company. Essentially, these assumptions and the classical theory were