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4 Functions of Management

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Functions of Management Paper

Prepare a paper in which you define the four functions of management (planning, organizing, leading, and controlling). In your paper, include an explanation of how each function relates to your own organization.

Cite at least two sources. If you used an electronic source, include the URL. If you used a printed source, attach a copy of the data to your paper.

Format your paper according to APA standards.

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Solution Summary

882 words; 4 references; definition of the 4 functions of management: planning, organizing, leading and controllling; application of 4 functions of management to school setting; APA standard format and references

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The Four Functions of Management

Management needs to understand and implement the four functions of management so that the business will become successful. Each of the four functions has an important role to play which clarifies the way that a company performs its processes. The four functions of management are planning, organizing, leading, and controlling.

I. Planning

Planning includes analyzing recent situations; identifying what needs to be done and the strategies that will prove to be effective in achieving the goals; the steps to be taken in the implementation; looking ahead to the future while using the information gathered from research on the economy, market and estimation on what the company will be in the future.
Planning is the foundation of management and the basis upon which the other functions are built. It is an unending course of action as there will be some sudden challenges that companies have to face as they move on with their planned activities. There will be uncontrollable external factors that will affect the company and depending on what these factors are, they may cause an adjustment in the plan of action so that goals will still be accomplished. At this point, management does strategic planning and analyzes the internal and external factors; determines the company's strengths, weaknesses and threats. They have to be realistic and comprehensive to be able to plan effectively.

II. Organizing

Organizing refers to making resources available for the implementation of the course of action that has been identified in the planning process. Management uses the company's organizational ...

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