Functions Of Management
Functions of Management
Management, according to Merriam-Webster, is defined as 1: the act of managing: the conducting or supervising of something (business) 2: judicious use of means to accomplish an end and 3: the collective body of those who manage or direct an enterprise. (www.m-w.com).
There are four major functions of management. The first function is the planning stage. Dessler (2003), comments that planning is the means of establishing goals and standards; developing rules and procedures; and developing plans and forecasting. This function is a developing stage that is ongoing and develops the organizations objectives and mission and determines how they will be accomplished. Planning deals not only with the big picture of an organization, such as the mission, but also small tasks, such as implementing rules for accomplishing goals specific to that organization. Planning may be the most important function an organization can perform. Without a sense of direction, how can......
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