Examples Of Argos And Future Development

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Argos & Future Development

INTRODUCTION:

What is management?
“Management is the activity of getting things done with the aid of people and other resources.” (Boddy, D). “The organization and coordination of the activities of a business in order to achieve defined objectives. Management is often included as a factor of production along with machines, materials, and money. According to the management guru Peter Drucker (1909-2005), the basic task of management includes both marketing and innovation.” (Williams, G). Management in an organisation is very important to accomplish the goals and aims of the organisation using available resources. Henri Fayol’s theory of management consisted of six functions that were:
• Forecasting: Forecasting is an assumption, it is used to predict where the business will be in the future, it helps set and achieve aims and objectives.
• Planning: Planning helps in leading the business towards it aims, and achieving them in time. Planning formulates strategies to achieve the company’s objectives.
• Organizing: Organizing is assembling the required resources to achieve organizational objectives.
• Commanding: Commanding is important for an organization because it suggests that managers should supervise their subordinates in their daily work, and communicate with them.
• Coordinating: Coordinating in an organization is very important, so that the managers and the workers are both on the same page and know what their tasks are.
• Controlling: Controlling is just a check by the managers to insure that the work force are in line with the general company policies.

What is management theory?
“A collection of ideas which set forth general rules on how to manage a business or organization. Management theory ad...

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...annually (Argos Limited, 2014). Argos has many different aims and objectives to keep them at the top of the UK online retailers list, but the company’s major objectives are to make sure they are up to their customer’s needs and requirements, and to also ensure that they are providing the most convenient method for customers to shop. Argos is renown for its product value, choice and convenience for its customers. Argos is also keeping their entire social, environment and economic responsibilities in mind by providing special ways to shop for disabled people, recycling most of their waste and helping people save money by providing good and cheaper products. Argos has this eco-friendly approach that would attract even more customers and improve its brand reputation.

Future Development at Argos:

Argos has focused immensely on being environmentally friendly as it

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