Principles of Management

Question 1

The four major functions of management are planning, organizing, leading, and controlling, which are discussed below (Daft, Pp. 547).

Planning

The process of planning involves determining the organization's objectives and activities and deciding to choose the best way to achieve those objectives. Planning is closely related to decision-making process of a set of available solutions. Furthermore, understanding the environment in which the company operates determine a plan of action. In addition, taking into account the established mission (mission) of the company branch managers set out the entire purpose of which is subsequently becoming the basis for the adoption of appropriate ...