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Four Functions Of Management

Submitted by Ashleylish on April 25, 2008

Category: Science
Words: 918 | Pages: 4
Views: 55
Popularity Rank: 92,588
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Functions of Management
In the organization of P.F. Changs’s, management is essential for the company to run efficiently. Managing a business effectively takes planning, organizing, leading and controlling employees. These basic four functions of management serve as guidelines that every organization can follow to help create a seamless work environment.
“Management is the process of working with people and resources to accomplish organizational goals” (Bateman, Snell, 2007, pg. 16). In any large organization management is essential for the business to function properly. When employees are managed properly all aspects of the organization run smoothly. Management helps keep employees content but it also keeps the company organized and well balanced.
The first function of management is planning which involves specifying goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman, Snell, 2007). Some questions that could be asked in the planning stage are; which goals should be pursued, or how should the goals be obtained (Webber, 2000)? At P.F. Chang’s managers need to specify what goals are to be achieved whether the goals are daily, weekly, monthly, or yearly. Some daily goals of P.F. Chang’s would be to have a $1200 dollar lunch goal between twelve and two o’clock. One action that the managers could take to ensure this goal is reached would be to make sure customers don’t have to wait long. If more tables are to be seated then the higher the food sales could be for that day.
The first function (Planning) also involves planning activities, anticipating the future, determining objectives, analyzing current situations, and deciding what types of activities the company will engage in (Bateman, Snell, 2007). Managers at P.F. Chang’s have say of what work related activities will take place. Sometimes managers will schedule outside functions such as a trip to the bowling...

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