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The Four Functions of Management.
Title: The Four Functions of Management.
Category: History
Details: Words: 1060 | Pages: 4.5 (approximately 235 words/page)
The Four Functions of Management.
To manage is to work with people and resources in both an effective and efficient way which will ultimately enable a company to reach its projected goals. A manager will be effective when the goals are completed. By the same token, a manager will be efficient when these goals are achieved after carefully using the resources available (personnel, money, time, and materials) in a company. Balancing both efficiency and effectiveness is a task that can …showed first 75 words of 1060 total…
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…showed last 75 words of 1060 total…members of their teams will be motivated to complete their respective tasks. Finally, controlling requires the identification of any divergence between planned goals and accomplished results in a company.
References:
Bateman, T. Snell, S. (2004) Management: The new competitive landscape. McGraw Hill Companies.
Higgins, J. (1994) The Management Challenge, Second edition, Macmillan.
McNamara, C. (1999) Management function of coordinating/controlling: Overview of basic methods.
Authenticity Consulting, LLC. Retrieved on December 2, 2005 from http://www.managementhelp.org/cntrllng/cntrllng.htm
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