1.) Define the four functions of management (planning, organizing, leading, and controling).
2.) How does each of these functions relate to an organization?
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Four Functions of Management
1. Describe the four functions of management: planning, organizing, leading, and controlling.
Planning-it is the core area of all the functions of management. It is the foundation upon which all the other functions are built. Planning is further described as selecting priorities and results and how those results are achieved. Furthermore, it is an ongoing process that involves identifying goals, objectives, methods, and the resources necessary to carry out those methods, responsibilities and to complete the tasks (McNamara, 2011). This function begins with environmental scanning where the planners must be aware of the critical events facing the organization such as economic conditions, competitors, and customers (Barnett, 2011). Some examples of planning include strategic planning, business planning, project planning, staffing planning, etc.
Organizing- is allocating and configuring resources to accomplish the preferred goals and objectives established during the planning process. Through this function, management is able to determine the internal organizational structure, establish and maintain relationships, and allocate resources (Rane, 2007). In addition, organizing involves the design of individual jobs within the organization. So ...
This solution discusses the four functions of management and explains how each of these functions relate to an organization.