Tuesday, February 19, 2013

Functions of Management

Functions of Management
BUSN105
Aug 16, 2012
Hala Thompson







Abstract
In todays world, both owners and managers lose many preferences on how to successfully manufacture and produce their products. When startle a new duty, it is important for the business owner to agnize that concern operates through various functions which are defined as planning, organizing, legislateing and controlling. It is important to establish both designs and objectives that will jockstrap perplexity determine the direction of the company, how to locate resources and assess performance. This constitution will examine a business venture that was explicate by an inventor who created a home appliance that would touch on the everyday consumer needs. This paper will discuss the major functions of focal point and how they apply to the success of a business and discuss the manufacturing option that will help the organization succeed.

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Each of the four functions of management is separately essential to the success of a company. The four functions of management are planning, organizing, leading, and controlling. Planning is essential to success because without planning goal setting is impossible, and proper goal setting is a proud priority for a business because you want to have a successful business. Organization is essential because it gives structure to employees, without organization it could lead to confusion from employees. Leadership is the key to the success of a business because without leaders, there cannot be effective progress. Control is important overly but a business should know how to balance control.
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