Describe the Functions of Management

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Describe the Functions of Management

Topic A: Functions of Management

Topic A: Initial Post

Select two functions of management and explain them.

  • Planning: Managers are responsible for determining in advance what the organization needs to do in order to achieve its set goals and objectives. Planning function also involves developing the mission statement as well as setting goals and objectives,
  • Organization: Managers use the available resources, materials, and processes to meet the organization’s goals.
  • Directing (Actuating): This function involves managing people or human resources. They are obliged to find a balance between all people and utilize their strengths to accomplish objectives. Good managers remove obstacles, create a conducive environment, and avail the necessary resources that human resource needs.
  • Evaluating (Controlling): Managers are responsible for comparing individual and organizational performance with set standards or expected results…Read more

References 

Longenecker, J. G., Petty, W. J., Palich, L. E., & Hoy, F. (2019). Small Business Management: Launching & Growing Entrepreneurial Ventures (19th ed.). Boston, MA: Cengage Learning.

Ortikmirzaevich, T. B. (2017). Principles and functions of management of production capacity. Journal of process management. New technologies5(4), 61-68.

Shinde, S. V. (2018). Functions of management. Lulu. com.

Krutyakova, M. S., & Anyushenkova, O. N. (2018). Changing functions of management at the present stage. Наука и образование: новое время, (5), 176-180.

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Describe the Functions of Management