Ther are four management functions
The need for management arises when a group of people tackle tasks that are too large or complex for any one individually to cope with. When faced with such situations people soon discover that they need to define tasks and allocates roles in order to develop a solution. The process of breaking tasks or problems down into key elements has traditionally involved the classic management practices of Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting. These activities make-up the essential elements of most traditional management roles and can be defined as the classic functions of management. The four basic management functions as follows:
Management involves far more than just telling others what to do
Every business entity or organization, whether big or small, needs to develop and implement the basic four management functions. The success of any business organization depends on how the four functions of management are implemented. These management functions allow an organization to handle its business strategy, tactical and operational decisions. The aim of this paper is to discuss the four functions of management namely: Planning, Organizing, Directing and controlling.
Controlling is one of the four management functions, which monitor performance, within the organization, for the purpose of making adjustments and needed changes...