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Management Functions

Submitted by GKFDAVISON on December 2, 2007

Category: Business
Words: 1296 | Pages: 6
Views: 113
Popularity Rank: 68,501
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Management is considered an important part in any business or corporate industries. A manager is someone who coordinates and oversees the work of others so the organization goals can be accomplishes with no problems. Also, the term Management is refer to group of people involved in the four general functions such as: Planning, Organizing, Leading, Controlling and Coordinating any source. Be advised that the four function of management are throughout the organization and are highly integrated, the nature of how the four function of management are carried out must changed to accommodate a “new Paradigm”. Every organization has to have goals, whether they are profit, market shares, growth, and quality of products service, community image or any combination of these. Any management can achieve and succeed goals through the coordinating performance of these five specific functions: planning, organizing, leading, controlling, and coordinating. Management comprises directing and controlling a group of one or more people or entities for the purpose of coordinating and harmonizing them towards accomplishing company wide, administration or department, or maybe even individual goals for their companies. Management often encompasses the deployment and manipulating of human resource, financial resource, technological resource, and natural resource.
The verb manage comes from the Italian maneggiare (to handle – especially a horde), which in turn derives from the Latin manus (hand). The French word mesnagement (later Menagement), influenced the development in the meaning of the English word management in the 17th and 18th centuries (Wikipedia). Not only does management have many functions of development but it also has different levels of management, such as Top, Middle, Lower managements. Management has to do with many powers by position and areas, whereas leadership involves power by influence. Therefore, organization, coordination and controlling and...

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