Management and Business

Topics: Management, Failure, Success Pages: 3 (900 words) Published: May 2, 2013
41c Running head should be in same font as the body of the paper

Laurie Denison

Professor Jon Cook

Management 310

January 23, 2013

Competition is Tough: Follow the Four Functions of Management to Succeed

According to "Functions Of Management" (2008-2012), "Management has been described as a social process involving responsibility for economical and effective planning and regulation of operation of an enterprise in the fulfillment of given purposes.” (para. 1). 41a only need the one period There are four functions of management that include planning, organizing, leading, and controlling. In order for a business to be successful, all four processes ought to be connected. Is it true that all four functions of management must be followed? Leaving any management process out will lead ultimately a company to fail. According to Four Functions Of Management: Planning, Organizing, Leading and Controlling (2013),  “Now, before you think your boss is different, you should also know that the four functions of management are standard across industries, whether that be in a manufacturing plant, a home office, a grocery store, a retail store, a restaurant, a hotel, or even an amusement park" (para. 4). The management process should include each of the four functions for business success instead of failure. If 1g3 a business arrangement does not include all four functions in the management process_12b Comma follows an introductory dependent clause that starts with 1g3 words it may not be successful. To avoid failure, it is important to assemble a business requirements analysis. By designing the scope of the project and following each management process can help avoid pitfalls. For example, let us assume that a company has an objective to boost sales during the month of January. The team first needs to plan a complete action plan. After the plan is detailed the second management process would be to organize and implement. Schermerhorn (2013)...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Business Performance Management Assessment Tools Essay
  • Core Elements in Business Process Managment Essay
  • Essay on Design Enterprise-Level Business System
  • Business Process Management Essay
  • Business Process Management Essay
  • Business Process Management Essay
  • Business Process Reengineering and Business Process Management Essay
  • Essay on Sinosteel Strengthens Business Management with Oracle Apps

Become a StudyMode Member

Sign Up - It's Free