Four Functions of Management
Title: Four Functions of Management
Category: /Business & Economy/Management
Details: Words: 651 | Pages: 2 (approximately 235 words/page)
Four Functions of Management
Category: /Business & Economy/Management
Details: Words: 651 | Pages: 2 (approximately 235 words/page)
Abstract
Management is a structure that is necessary in any business or organization. It can be defined as follows, "The process of working with people and resources to accomplish organizational goals." (pg 14) The process of management can be broken down into four different functions: planning, organizing, leading, and controlling. It is essential that these functions work together to be effective as proper management.
Planning
Planning is a function where managers work together with others in
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world. You can't have planning and leadership with a small amount of organization and no control and expect things to work out well. Each function depends on the others to support and carry the organization. A successful company implements all four functions and uses the managers and employees to the best of their abilities.
References
Management: The New Competitive Landscape (6th ed.)
T.S. Bateman & S.A. Snell
McGraw-Hill/Irwin, 2004
New York, NY