Functions of Management

Functions of Management Blake M. Reimert MGT/330 Kenneth White University of Phoenix August 29, 2010 Functions of Management Management is the process of directing people and resources for the saki of completing organizational goals (Batemen & Snell, 2009). To be an effective manager, one must(prenominal) be able to achieve goals with a minimal be in resources. Fundamental management practices applied consistently and with discipline, chuck up the sponge managers to be successful in todays agate line world. The four fundamental functions of management are planning, organizing, crowning, and controlling. This paper get out describe the four fundamental functions of management and include an history of how each of the functions applies to Baylor College of Medicine. Planning Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities include analyzing latest situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing embodied and commercial enterprise strategies, and determining the resources needed to achieve the organizations goals. Plans set the stage for action and for major achievements (Batemen & Snell, 2009).

Planning is the firstborn step in management and is essential as it facilitates control, precious in decision making and in the avoidance of business ruin. Wyeth has a global vision to lead the way to give way health. Employees at Wyeth are committed to excellence and through Wyeth s clearly written Mission and Vision Statement, Wyeth must stop by its values which clarify the companys objectives and goals. character in the results that are achieved and how the results are stooled doing what is right, respect for others, value those that lead and take pride in all they do, and the value of teamwork to reach common goals. The continuous use of a plan is imperative form as Wyeth has divisions throughout the world. Planning allows... If you want to get a full essay, order it on our website: Ordercustompaper.com

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