1. Manpower 2. Money 3. Mission 4. Media 5. Market
1. Planning- If management does not implement a plan the only plan that he can guarantee a poor performance. Planning gives management the ability to logically come up with different strategies to make sure that the project ends in success.
2. Organizing- In order to make sure that your plan is a success you have to make sure things within the company and the plan are properly organized. It takes three forms of resources to get results; human, physical, and financial resources. In doing this it gives management the ability to access each role that takes place in the company, how to properly make sure the efforts are being optimized and assessed properly, and making sure that the funds will be allocated correctly.
3. Staffing- Now that the structure is properly put together then we have to have employee's to carry out the plan. This is also known as human resource management. In this concept management will be devoted to properly acquiring, training, appraising, and compensating their employee's. Your employee's are what give your company a competitive edge.
4. Directing- Is the ability to get your employee's to achieve the goal's of the company in the most effective and optimal way.When you are directing, it gives you the ability to convert plans in performance.
5. Controlling- This function will be the last task that management will do. This will allow supervisors to be able to check the performance of the employee's to make sure it correlates with the input (plan) and output (performance).
four management functions
Coordinating
Henry Fayol proposed the five primary functions of management are they are: (1) planning; (2) organising; (3) commanding; (4) coordinating; (5) controlling.
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The basic management functions were introduced by Henri Fayol, a French management theorist, in the early 20th century. He identified five primary functions of management: planning, organizing, commanding, coordinating, and controlling. Fayol's work laid the foundation for modern management theory and emphasized the importance of managerial practices in achieving organizational goals. His principles remain influential in management education and practice today.
planing
The five functions of a society are reproduction, sustenance, shelter, management of its membership, and defense.
There are five management functions. Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling.
four management functions
Coordinating
Directing
Henry Fayol proposed the five primary functions of management are they are: (1) planning; (2) organising; (3) commanding; (4) coordinating; (5) controlling.
production marketing finance human resources management
Coordinating
Discuss how the five functions of business- production,marketing,finance,human resources,and management will affect a tobacco farming business in East Africa.
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Coordinating