Internet Applications Networking

Managing Business

Individual Assignment

Fathmath Inasha Abdulla (CB003695)

Intake Code: FF09A1

Module code: ABUS002-3-1-MBUS

Lecturer: Ms. Shurmara Fernando

Date Assigned: 1 March 2010

Due Date: 03 May 2010

Word Count: 2153 words

ACKNOWLEDGEMENT

I would like to thank Ms. Shurmara Fernando for the continuous support and help that I got from her. Also I would like to thank APIIT for the excellent services they provided us with and I thank all my friends in APIIT for the enormous support that I got from them to complete this assignment. And at last but not least I would like to thank the People’s Bank, Union Place Branch, and Branch Manager Mr. Emil R. Mendis for the great help and information he provided me for this assignment.

Contents

INTRODUCTION TO THE COMPANY AND MANAGER 1

THE BRANCH MANAGER (UNION PLACE BRANCH) 2

ORGANISATIONAL STRUCTURE 3

FAYOL’S 14 PRINCIPLES OF MANAGEMENT 4

CRITICAL ANALYSIS ON THE 14 PRINCIPLES 7

FIEDLER’S CONTINGENCY THEORY APPLIED ON THE MANAGER 8

CRITICAL ANALYSIS ON THE THEORY 9

CONCLUSION 11

REFERENCING 12

INTRODUCTION TO THE COMPANY AND MANAGER

People’s bank which was inaugurated on the 1st of July 1961 is now one of the rapidly developing and top banks in Sri Lanka. There are 214 branches and 236 service centers connected online. Within the country they have 300 ATM’s. The bank has 8587 dedicated employees and 11, 9 Mn Loyal deposit account holders. 48 years of pioneer banking services include Personal Banking, Corporate Banking, Treasury Services and Development Banking. (People’s Bank, 2010)

Vision

To be the Bank of the aspiring People of Sri Lanka: empowering people to become value creating, competitive and self-reliant.

Mission

For our Customers

To take pride in providing an excellent service in the most caring, responsive and professional manner.

For our Owners

To generate benefits for the national economy whilst being independent and commercially viable.

For our...