Discuss what each of these management functions encompasses.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Managers perform certain
activities or duties as they
effectively and efficiently
coordinate the work of others. In
the early part of the twentieth
century, a French industrialist
named Henri Fayol first proposed
that all managers perform five
functions: planning, organizing,
commanding, coordinating, and
controlling. In the mid-1950s, a
management text book first used
the functions of planning,
organizing, staffing, directing and
controlling as a framework. Today,
most management text books still
continue to be organized around
the management functions,
although they have been
condensed to four basic and very
important ones: planning,
organizing, leading, and controlling.
Discuss what each of these
management functions
encompasses.
Transcribed Image Text:Managers perform certain activities or duties as they effectively and efficiently coordinate the work of others. In the early part of the twentieth century, a French industrialist named Henri Fayol first proposed that all managers perform five functions: planning, organizing, commanding, coordinating, and controlling. In the mid-1950s, a management text book first used the functions of planning, organizing, staffing, directing and controlling as a framework. Today, most management text books still continue to be organized around the management functions, although they have been condensed to four basic and very important ones: planning, organizing, leading, and controlling. Discuss what each of these management functions encompasses.
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