Wednesday, April 3, 2013

Functions of Management

In the trade world today, managers does not only adapt to ever-changing conditions but also take hold cautiously, consistently and with discipline to the native management principles. These fundamentals include the four functions of management. ?In parliamentary law for these practices to succeed in an operational manner, an understanding must be reached concerning the basics in which these practices are in relationship to the business structure.?(Bateman & Snell, n.d., chap. 1) This paper pull up stakes define the four functions of management, and will explain how each function relates to my organization.

Planning is a alert tool to any manager since it allows him to help prepare for the forthcoming, sooner than being commanded by it. A comprehensive plan helps organize the actions of all team members, while serving as a basis for control and feedback. By using a dogmatic approach to planning, a manager can ascertain the capabilities of his employees and apply resources to accomplish the most desired outcome.

Planning is a decisive role of managers since it allows it to evaluate the path ahead and arrange to beat any problems, which may arise. ?Managers use this process to plan for the future, interchangeable a blueprint to foresee problems, decide on the actions to elude difficult issues and to beat the competition.?(Bateman & Snell, n.d.

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) In the new international business environment of today, it is most imperative that a community plans its path before walking down it. Due to the ontogeny in technology, that has enabled a company to market overseas, the amount of competitors and hazards, which live a company, have increased dramatically, therefore, the importance of planning has become even more crucial.

Organization deals with the coordinating and assembling an separate or team and other resources needed to achieve goals. This agency assigning job responsibilities and creating conditions so that...

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