Essay Details

Subject: Business
Date: August 11, 2016
Level: University
Grade: A
Length: 5 / 1494
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Compare stewardship. Contents [hide] 1 Functions of management 2 Theoretical scope 3 Historical development 3.1 19th century 3.2 20th century 3.3 21st century 4 Nature of managerial work 5 The importance of control 6 Managerial levels/hierarchy 7 References 8 See also 8.1 Lists 9 Citations [edit] Functions of management Management operates through various functions, often classified as planning, organizing, leading/motivating and controlling...

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[2] One can also think of management functionally, as the action of measuring a quantity on a regular basis and of adjusting some initial plan; or as the actions taken to reach one's intended goal. This applies even in situations where planning does not take place. From this perspective, Frenchman Henri Fayol [3] considers management to consist of five functions: planning organizing leading co-ordinating controlling Some people, however, find this definition, while useful, far too narrow...

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