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Flashcards covering the basic management functions, definitions, and their interrelations.
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What are the four basic management functions?
Planning, organizing, leading, and controlling.
Define planning.
Setting an organization’s goals and deciding how best to achieve them.
Define decision making.
Selecting a course of action from a set of alternatives (part of planning).
Define organizing.
Determining how activities and resources are to be grouped.
Define leading.
Getting organizational members to work together to further the organization’s interests.
Define controlling.
Monitoring organizational progress toward goal attainment.
Which function involves monitoring organizational progress? A. Planning B. Leading C. Organizing D. Controlling
D. Controlling
How are the four basic functions related to each other?
They form a continuous cycle: planning sets goals, organizing arranges resources, leading motivates people, and controlling ensures objectives are met, which informs future plans.