Sequoria Johnson Crystal Devereaux Mario Corado Johnnie Booker Michael Havlik MGT/230 July 23, 2011 Maggie Ellison-Lohkemper chiding Summary In calendar week one, we discussed the main functions of pass on sexment. Management is the process of workings with people and resources to process organisational goals efficiently and effectively (Bateman & Snell, 2011, pg 14). We wise(p) about(predicate) planning, organizing, lead story and authoritative the iv functions of management. Planning is recognizing what goals imply to be procured and decision do the proper way to achieve those goals (Bateman &Snell, 2011, pg 15). Organizing is putting resources together to overstep way the goal easier to achieve. jumper cable is guiding and motivating others to be advance workers. Controlling is monitor performances and identifying and implementing any necessary changes (Bateman & Snell, 2011, pg 16). We as well learned how internal and out-of-door factors can bear on the four functions of management. there ar variant competitory landscapes so learning how to manage for competitive advantage was a plus. away factors can affect the four functions of management in different ways.

Stakeholders demand to fancy their investments be being protected so it is weighty that the managers argon planning effectively. Those outside(a) of the company overly like an nonionised business, and they want the leaders to train and incite their employees. Since employees are at the forefront of companies and corporations, they want to ensure that they are performing hence and observe proper procedures and policies. This greatly influences outside opinion of the company, electric potentiality buyers, customers, as well as potential investors. Managers are abide with many tasks at work. Managers moldiness know how to be a successful leader. Mangers play an inbuilt role in the mean solar day to day running of the company, so their ability to lead or motivate the group is important to its continued...If you want to get a full essay, order it on our website:
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