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Essay

The Four Functions Of Management

Essay specific features

 

Issue:

Business

 

Written by:

Lois C

 

Date added:

May 15, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 802

 

Was viewed:

5895 times

 

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Essay content:

Management is not a methodic process of discretional and predictable steps, but an activity that involves diverse details and procedures. Planning. Planning as one of the four functions of management, involves two vital aspects for the management process; efficacy is the ability of producing a desire effect and efficiency is the ability of doing things right; this two factors implicate that managers think throughout planned objectives, and the actions taken are based in a method, plan or logic...
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Plans give to the organization the goals and set the best procedure to obtain results; according to James A. F. Stoner and R. Edward Freeman (1994), said that setting goals give a sense of direction, allow to focus the efforts, guide plans and decisions and at the same time help the progress to be measure and evaluated...
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