Preview

Four Functions of Management

Satisfactory Essays
Open Document
Open Document
274 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Four Functions of Management
Individual Work Page 5 of Syllabus Four Functions of Management
1. How does the planning function of management contribute to achieving organizational objectives within your chosen industry?
Planning contributes to achieving organizational objectives by planning for goals provided for your industry and looking for ways to achieve those goals. Planning is beneficial for making more profits and for encouraging others to work hard. When you use the planning function it helps your industry become more organized which leads them to the next function and helps them focus on the right path to success.

2. How does the organizing function of management contribute to achieving organizational objectives within your chosen industry?
Organizing contributes to achieving organizational objectives by decision making. It involves deciding who will be doing what and who will be in charge of which tasks. Being organized makes achieving those objectives so much easier rather than being unorganized and not knowing what’s going on and who is doing what.

3. How does the leading function of management contribute to achieving organizational objectives within your chosen industry?
Leading contributes to achieving organizational objectives by giving associates a sense of motivation and inspiration. When associates are inspired and motivated they want to work harder which then leads to more positive outcomes in the industry. It is important to communicate when leading.

4. How does the controlling function of management contribute to achieving organizational objectives within your chosen industry?
Controlling contributes to achieving organizational objectives simply by monitoring the path to achieving the goal and taking action when something doesn’t go as planned. When controlling you are basically setting the goals and making sure that these goals are achieved.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Controlling goes with organizing and when controlling a situation management follows through to see that all plans are being followed as directed.…

    • 270 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mgmt 3610 Week 1 Summary

    • 466 Words
    • 2 Pages

    This week in MGMT 3610, We learned that an “Organizing is the deployment of organizational resources to achieve strategic goals. The deployment of resources is reflected in the organization’s division of labor into specific departments and jobs, formal lines of authority, and mechanisms for coordinating diverse organization tasks” (Daft & Marcic, p.270). Daft and Marcic state that organizing is important because it follows strategy, in which strategy tells us what to do, while organizing tells us how to do it. Structure, for example, is all the employees, management, procedures, processes, technology that come together in order to make organization successful. It defines how all the pieces and processes work together. It must be aligned with strategy for the organization to achieve its mission and goals. It is used to set priorities and resources to ensure that all employees are working toward common goals, outcomes, and results.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    2. How should IT be integrated with other functional areas to assure that the company can meet its business objectives?…

    • 3613 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Planning is when the financial manager identifies the steps that must be taken to accomplish the organization’s objectives. The purpose is to identify objectives and then to identify the steps required for accomplishing these objectives.…

    • 978 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Planning provides a sense of direction and purpose. All managers use the planning strategy to develop goals and courses of action, establish rules and procedures, and to forecast future outcomes. Planning requires management to evaluate, both internally and externally, the current state of the company and where it will be in the future. “Planning is a process consisting of several steps. The process begins with environmental scanning, which simply means that planners must be aware of the critical contingencies facing their organization in terms of economic conditions, their competitors, and their customers. Planners must then attempt to forecast future conditions. These forecasts form the basis for planning” (Barnett, 2006)…

    • 843 Words
    • 3 Pages
    Better Essays
  • Good Essays

    (3) Leading- creating a vision for the organization and communicating, guiding, training, coaching and motivating other to achieve goals and objectives in a timely manner…

    • 1178 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Chapter14 Prep 2

    • 1158 Words
    • 5 Pages

    2. How has the role of the manager changed in the last couple of decades? What forces have driven the changes?…

    • 1158 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The organizing function of management deals with activities that result in the formal assignment of tasks and authority and a coordination of effort. Management staffs the work unit, trains employees, secures resources, and empowers the work group into a productive team. Organizing is the managerial function of arranging people and resources to work toward a goal. The purposes of organizing include but are not limited to determining the tasks to be performed in order to achieve objectives, dividing tasks into specific jobs, grouping jobs into departments, specifying reporting and authority relationships, delegating the authority necessary for task accomplishment, and allocating and deploying resources in a coordinated fashion.…

    • 1049 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    1. Which management function entails the process of arranging people and resources to work toward a common goal?…

    • 15942 Words
    • 113 Pages
    Satisfactory Essays
  • Good Essays

    Roles and Functions Paper

    • 598 Words
    • 3 Pages

    It is the responsibility of managers to lead their team, the four major functions of management includes planning, organizing, controlling, and leading. Managers should determine when planning and setting goals what it will take to accomplish the goals that have been set. For managers to be successful it should be a requirement for them to have good planning skills that will assist them with goals and how to accomplish those goals, planning is the first step in being a good manager (Lombardi, Schermerhorn, 2007).…

    • 598 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    How does the planning function of management contribute to achieving organizational objectives within your chosen industry?…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Administrative Matrix

    • 291 Words
    • 2 Pages

    Planning is really the foundation of management. It requires managers to evaluate where the company is currently and where it wants to be in the future.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Planning, organizing, controlling, and leading are all functions of management. Planning is the function of management that involves creating objectives and determining a course of action for achieving them. Organizing involves developing an organizational structure and gathering human resources to guarantee the accomplishment of objectives. Controlling ensures that performance does not diverge from standards. And finally, leading involves both social and informal sources of influence that a person can use to encourage action taken by others.…

    • 1410 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Planning involves choosing the tasks that are to be performed to meet the organizations goals, this is tied to organization. Because organizing is tied to planning it can be interpreted as used the planned task, and then assigning them to people within the organization to put into action.…

    • 577 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Clean Cut Concrete Cutting, Inc. is small family started and owned business in the Inland Empire in California that has been around for over thirty years. Clean Cut’s goal is to perform their job to the customers’ approval to the best of their ability at an affordable price. Part of their mission statement is clean equipment, clean crews, and clean work. This paper is going to show how this business applies the concepts of the five functions of management within its operations.…

    • 2126 Words
    • 6 Pages
    Better Essays

Related Topics