4 Functions of Management

7 Functions of Business

What makes up a Business?

Management

Coordinating & Organizing the activities associated with running a business.

Open Ended

What do you think managers do?

What is a Function?

A Function is what something does

Multiple Choice

Which of the following is a picture of John Lee Love? The inventor of the Portable Pencil Sharpener?

The 4 Functions of Management

• Planning

• Organizing

• Leading

• Controlling

Functions of Management & Goals

The Functions of Management (What a manager does) are centered around goals for an organization.

Planning

Create Goals and a Plan to achieve them

Organizing

Assign roles and responsibilities to personnel to achieve the goals created in the planning stage

Leading

Motivating and influencing employees to achieve business goals

Open Ended

What are you motivated by?

Controlling

Evaluating the execution of the plan and making adjustments to ensure the goals are met

4 Functions of Management

• "POLC"

• Planning

• Organizing

• Leading

• Controlling