Mgt 300

All organizations no matter the size or age of the organization need to run smoothly and achieve there goals and objectives that they have set in place.   In order for an organization to run smoothly and achieve their goals the company has to implement management concepts for the managers to follow and pass down to all the other employees.   There are four basic management concepts that allow and organization to handle the tactical, planned and set decisions.   The reasoning for these four basic functions of management is to have and allow for a controlled plan to achieve the organizations goals.

The four functions of management are:

The base function is to: Plan

The plan is the base upon which the all the areas of management should be built. Planning requires administration to assess; where the company is currently at, and where it should be in the future (near and far). Once all the information is assessed, from that point an appropriate course of action is determined and implemented to attain the company’s goals and objectives

Managers use this process to plan for the future, like a blueprint to foresee problems, decide on the actions to evade difficult issues and to beat the competition. (Bateman, Snell, 2009).There may be sudden changes the companies have to face that are sometimes uncontrollable. You can say that they are external factors that constantly affect a company both optimistically and pessimistically. Depending on the conditions, a company may have to alter its course of action in accomplishing certain goals. This kind of preparation, arrangement is known as strategic planning. In strategic planning, management will analyze inside and outside factors that may affect the company’s goals and objectives. At this point they will have to study the strengths and weaknesses of the plan and how outside factors affect it. For management to do this properly they must have a very efficient plan in place.

The second function is to: Organize...