Four Functions Of Management Essay

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The Four Functions of Management MGT/330 Management Theory, Practice, and Application MaryAnn Garza December 5, 2011 University of Phoenix- Online Facilitator: Jonathan Graff The Four Functions of Management Every company is made up of a team of workers whose ultimate goal is to provide a product or skill that brings in revenue. A business cannot run unless the team runs properly and smoothly to get the job done. There are levels of managers and associates who operate within a company. But, none of these companies’ will be successful unless they follow the guidelines of management which consist of four functions. The four functions of management are planning, organizing, leading, and controlling and Wal-Mart utilizes each one in order to be successful and is one of the top retail stores world-wide. “Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed to achieve the organization’s goals. Plans set the stage for action and for major achievements.”(Bateman & Snell, 2009, Chapter 1, Managing). Planning is an important part of the daily routine of Wal-Mart managers and associates. The store manager usually does a walk through of the entire store with the assistant managers on duty to take notes and give feedback on what goals need to be done that day and in the near future. The assistant managers then assign the objectives or duties to customer service managers and zone managers, who then pass out the duties to associates and cashiers. Throughout the day there are meetings that every floor associate and manager discusses what has been

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