Basic functions of management & internal analysis
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Identify the five basic functions of management, and describe each function. Briefly describe how such functions are used in the context of internal analysis.
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Solution Summary
This solution identifies the five basic functions of management and describes each function. It describes how such functions are used in internal analysis.Includes APA formatted reference.
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The five basic functions of management are planning, organizing, directing/leading, controlling, and staffing. Internal analysis involves assessing the company's strengths and weaknesses. Planning is necessary to assess where the company currently is and the appropriate course of action. This function is based on the company's abilities and weaknesses. An organization must incorporate its' SWOT analysis into the results and ...
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