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Four basic principles of management

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Currently international management at PM Company consists of one person. What specific management principles and practices should PM company begin to put in place that will assist the company as their international expansion plans move forward and their international business begins to grow? Post your answer to the discussion board.

Discuss current management practices and principles used in the current global business environment.

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Solution Summary

Discussion of the four basic principles of management. The information includes the important points of each of the principles. It also looks at how these principles are applied.

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This is an outline of the topics that could be discussed. They are far too many for such a small paper, but they give an idea of the different areas of management that need to be addressed. From them you should be able to pick out the specific management principles that need to be applied.

The four basic principles or functions of management are planning, organizing, leading, and evaluating. So using these we can set up a good basic current practices for a company expanding globally.

Planning:

Where is a good place to expand and why?
Who will be in ...

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