Principles of Management: Planning and Organizing Functions of Akij Food and Beverage Limited

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PRINCIPLES OF MANAGEMENT PLANNING AND ORGANIZING FUNCTIONS OF AKIJ FOOD AND BEVERAGE LIMITED

PREPARED FOR: MS. SUTAPA BHATTACHARJEE


ASSISTANT PROFESSOR INSITUTE OF BUSINESS ADMINISTRATION (IBA) UNIVERSITY OF DHAKA

PREPARED BY:
Razeen Mujarrab Shaila Nusrat Aurin Fableeha Bushra Choudhury Saad Ashraf Siam Haque ZR-02 RH-04 RH-19 ZR-40 ZR-51
Date: 30 May 2012

ORGANIZATION OVERVIEW
One of the oldest business establishments in Bangladesh

Started as a family owned business of jute traders


Quickly gained prominence and achieved success in the business arena Workforce that exceeds fifty thousand in number

AKIJ FOOD AND BEVERAGE LTD.


Started in 2007 Products offered:
Drinks:

Snacks: Cheeky Monkey, Cheese Puffs, O Potato

Growth Rate: 40% per year

OVERVIEW OF MANAGEMENT PRACTICES


Strict HR Guideline for hiring
Manages over 3000 employees Managers take a hands-on approach to management Management practices are not specific or defined, they involve a blend of techniques

ANALYSIS: PLANNING AND ORGANIZING FUNCTIONS

PLANNING
Initiation
Traditional Approach

Goal Setting
Mostly Long Term Traditional & MBO

ORGANIZING
Task Allocation

Span of Control
Division of Work

Centralization
Formalization

CONCLUSION & RECOMMENDATIONS


Mostly well run efficient management systems Contingency Approach Room for Improvement in Organizing function

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THE END

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