Mgt/330 Week 3

rise Fargo Brian Welliver MGT/330 October 25, 2010 Stacey Clarke Wells Fargo Wells Fargo In the midst of the flow financial crisis, Wells Fargo continues to be a participation that others look to to emulate. On Wells Fargos official website, Chief executive Officer John G. Stumpfv states , Were one of Americas largest financial institutions. We have a signifi mucklet international presence. Were one of the worlds 40 largest employers and Americas 12th-largest private employer, with 275,000 team members. Like any successful business, Wells Fargo relies on using way functions much(prenominal) as planning, organizing, in the lead and controlling to run their operation. These functions of management can be abnormal by internal and external factors such as merged floriculture and the economy. Wells Fargo use of the quadruple functions of management can also be have-to doe withed by other factors such as globalization, technology, innovation, diversity and ethics. Because of the amount of factors involved, management must diagnose us of fellow employees. Delegation is a key gene to management because it can ensure the completion of tasks across a wide spectrum. Without the ability to delegate, a manager would never peg all the necessary duties.

Internal and external factors The four functions of management: planning, organizing, leading and controlling, are difficult under the crush of circumstances. thither are also internal and external factors that can affect how management performs these functions. One of the largest internal factors is the culture of an organization. Culture is how employees odour about their company, their perception of how the company feels about them and their willingness to do what is best for the company because they privation to, not because it is a rule. If a company has a positive, deeply rooted culture then the four functions are much easier to work through and implement. If the corporate culture is lacking, then management will find it much harder to... If you want to get a full essay, order it on our website: Ordercustompaper.com

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