Functions of Management

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Miscellaneous

 

Written by:

Angela K

 

Date added:

October 14, 2012

 

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Grade:

A

 

No of pages / words:

3 / 759

 

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1758 times

 

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As Peter Drucker stated, "Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folklore and tradition, and of cooperation for force." Planning is defined as specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman & Snell, 2000)...
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Traditionally, planning is done by executives of a firm and passed down to other managers to be implemented. Planning is also the management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue in the future...
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