Management Flashcards
Management
The process of co-ordinating the activities of a business in order to achieve defined objectives.
Functions of management
The set of core activities which define the role of managers in a business environment. The four functions of management are; planning, organising, directing and controlling.
Planning
Involves individual going through a process to decide what they want to achieve.
Organising
Involves arrangement (taking action). These functions are complimentary.
Directing
Involves giving duties to employees.
Controlling
The way that a manager ensures work is done.
Manager
Allocates work and is responsible for controlling or administering an organisation.
Leader
Is more creative and wants to set a vision. They lead a group.