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Four Functions of Management

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Most managers in organizations develop strategic plans without realizing the importance of internal and external assessments and their implications on the four functions of management. Assume you are hired as a new manager and you want to improve your company by helping upper management develop a better understanding of these issues.

Using the resources and the Internet, research internal and external assessments.

Then respond to the following:

Explain the four functions of management and the purpose of internal and external assessments.
How would you convince upper management about the importance of internal and external assessments?
How would you demonstrate the critical relationships that exist between assessments and the four functions of management implemented in most organizations?
List and examine the key factors you think affect the four functions of management.
What do the four functions of management have in common?
How do managers at different levels apply the four functions of management?
How do the four functions of management affect organizational success?

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Solution Summary

The response provides you a structured explanation of internal and external assessment and four functions of management . It also gives you the relevant references.

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1) The four functions of management are planning organizing, leading, and controlling. These functions are common across industries and each is a process. The external and internal assessments help understand the business better and address the weakness of business.
2) I will convince upper management about the importance of external and internal assessments by explaining to them that these assessments are important for developing goals and strategies and for achieving them. These assessments will help take advantage of your strengths.
3) The external and internal assessments are ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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