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Functions of Management

MGT 330

Week 1

The method of management is changing substantially. Therefore, managers must recognize the four functions of management. They are planning, organizing, leading, and controlling. The four functions of management are needed in a new business that is just starting (Bateman, Snell, 2007).
In today's society, managers need to engage in planning (Buhler, 1998). The key is to conduct strategic planning. Planning is the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman, Snell, 2007). Planning activities include analyzing current situations, anticipating the future, determining objectives, and determining the resources needed to achieve the organization's goal. Planning will set the stage for action and major achievements (Bateman, Snell, 2007). Planning also consist of establishing business plans and telling others how......

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Approximate Word Count: 922
Approximate Pages: 4 (250 words per double-spaced page)

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