Functions of Management?Management is the process of working with people and resources to arrive at organizational goals (Bateman and Snell, 2004). Managers in today?s business cosmea have to learn to adapt to change at a fast pace. Technology causes the way businesses be run constantly. Whether a business is global, through the internet, or a small business, the challenger is always feeling for a way to live ahead. Although alteration and change is necessary, the basic functions of management have remained the same. Effective music directors moldiness be able to plan, organize, lead, and control.
The art of planning entails setting goals, looking to the future of the company, and executing a plan of action that pass on ensure an outcome that accomplishes the company?s goals. When setting goals, the manager must analyze current and future situations. He or she must know the business strategies that are best for the organization, what resources are needed to run the business, and in what types of activities the business will be involved (Bateman and Snell, 2004).
The days when executives sat in their offices shouting orders are coming to an end. The business world has realized that it is more effective for e very(prenominal)one in an office setting to contribute to the work. Executives and employees must get together and come up with new and innovative ideas.
radical products are coming out on a periodical basis along with the technological advances that are moving at lightning speed. A business that collaborates to quickly bring out new, theatrical role products will have more of a chance of organism successful. In addition to executives being involved in the notional process, many companies are now getting input from the very people who are buying the product. If the majority of customers have a common complaint or idea, it would be...
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