Mac 3: Review Flashcards
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This is considered as the primary function or the major function of management
Planning
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Allocation of Financial Resources in Avenues of Plan Implementation
Tools of Control
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This one is used to asses the organization’s current position before deciding on a new strategy.
SWOT Analysis
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This is a function of management that involves division of total work.
Organizing or Organization
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Other name for ‘Directing’ as function of management
Leading
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This function of management involves placing the right shop at the right time
Staffing
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Directing or Leading: Stimulating the employee to accomplish his/her goals along with the goals of the company.
Motivation