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Sunday, December 23, 2018

'Four Basic Funtions of Management in Business Management Essay\r'

' whatsoever organization, regardless of size, has developed and employ its testify wariness concepts in order for it to go on smoothly and accomplish the vision, goal, and documentary, the companionship has base up whizs mind forth. The basic junctures of precaution chiffonier be broken down into cardinal divergent argonas, wholeowing the organization to handle the strategic, tactical, and operational decisions (Sanjau, 2007).\r\nThe four functions of care argon essential to make strong aggroups and stronger organization. Common to only(prenominal) managers, the four functions atomic number 18 planning, organizing, pencil lead, and restrictling (Pakhare, 2007). A solid manager is able to accomplish all four functions both impressively and efficiently (Bateman & Snell, 2009). At mirth, planning is the initiation in which all management decisions regarding the company go away be based upon. The management groups allow utilize the planning function to assess the status of the company today, as well as in the coming(prenominal) future.\r\n erstwhile the management team has an agree upon plan, and the company’s mission has been proveed, the team must determine how the in demand(p) results give be achieved. The next aim is to establish a goal and the strategies to achieve the goals fare forth. After chastenting the goal the next step the management team pull up stakesing accomplish is to create a time line to complete the objective. The organizing function for the team at Triumph is to formulate the activities, which will include the accounting incision, sales de trigger forwardment and supply chain involved in helping rag the goal that has been compulsive forth.\r\nOnce all the different departments are set, it is up to the management team to departmentalize the puzzle out and create smaller groups to achieve the goals and objectives. Once the departments create their own teams a free organizational struc ture is drawn and all employees are made aware of whom they are accountable too to help reach the goal of the company. Once the departmental teams are in place, the management team privy help direct, communicate, motivate and assist the module in meeting the company’s goals and objectives.\r\nAt Triumph the management team will have open tidings with departmental teams to create and build lordly working environment. In this process the employees olfaction as though they are part of the decision making and will ultimately help the company reach the desired goals and objectives. The final set of the four functions of management is to control or establish the military operation standard of the company’s objective (Bateman & Snell, 2009). In this stage management keeps a close watch to make sure that all teams are on track to complete the goals and objectives that have been set forth and within the timeline.\r\nIf at this point, it appears that one of the teamà ¢â‚¬â„¢s seems to be off track then management will step in and help calculate or make any indispensable changes. The managers at Triumph know that ignoring any of the four functions can result in the failure of the company. Without using the planning stage first to make sure that all objectives are met and then organizing the plan and leading or motivating the team will result in not obtaining the objective or goal of the company.\r\nManagers at Triumph know that the final stage of creating an effective and productive team, one must control the budget, departments and cost efficiency of the work implemented to achieve the objectives. According to Barnes (2008), â€Å"if one can master the four management functions of planning, organizing, leading, and set up of resources, their opportunities are endless”\r\n'

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