Running head: FOUR FUNCTIONS OF MANAGEMENT
University of Phoenix
Professor Debra Adams
MGT 330: Four Functions of Management
March 23, 2004
PLANNING
Planning is the process of determining in advance what should be accomplished and how to do it. It is the fundamental function of management, involving selecting future goals and objectives and deciding upon the actions necessary to achieve them. Planning is the on-going process of developing business mission and determining hoe they will be accomplished. Planning process includes formulating the organization’s mission, which legitimizes the business and provides a driving force behind the organization’s existence. The mis
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