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Functions of a Business

In: Business and Management

Submitted By bnye88
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Functional Areas of Business

Brittanie Nye

MGT 521

April 4, 2014
Doris Blanton

Functional Areas of Business

There are four main management functions within a business: planning, organizing, leading, and controlling. Planning is the “management function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities." Organizing “involves arranging and structuring work to achieve the Organization’s goals”. Leading involves working with and through people to achieve organizational goals. Controlling is the “management function that involves monitoring, comparing, and correcting work performance” (Robbins & Coulter, 9).

Organizing

The manager’s role in organizing involves arranging and organizing work to meet the goals of the business. Managers are responsible for breaking down the strengths of the team members and delegating tasks to reach the goals of the business. By breaking down the tasks, it allows the manager to see what has been accomplished towards meeting the goals of the organization (Robbins, 265). Organizing the business may be achieved by separating into departments. Separating the business into departments would allow people to ensure that all employees are focusing on their part of the plan. “Communication and inter-personal relationships are closely related to organizational factors which lead to job satisfaction and better performance (Jo & Shim, 2005), which eventually leads to better overall performance in the organizations. Therefore, effective communication is vital at every level to ensure smooth running of the business (Brownell, 1991). As Jo and Shim (2005) demonstrate, supportive oral communication was positively related to the perceptions of the individuals on supportiveness and friendliness of the management” (Kumarasinghe &

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