TOPIC 1 — Functions / Components / Processes
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6 Terms
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Functions of Management
Planning Organizing Leading Controlling
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Planning
Setting goals/strategies determining needed resources and setting standards
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Organizing
Allocating resources and tasks preparing structure and recruiting/selecting/training staff
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Leading
Guiding and motivating employees giving assignments clarifying policies and giving feedback
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Controlling
Measuring performance rewarding performance and taking corrective action
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Note 
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