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Management Areas. Planning. The gathering and analyzing of information to make decisions about all phases of the business The determination of goals for the business and strategies to achieve goals. Organizing. The determination of what work needs to be done and who is to complete each job
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Planning • The gathering and analyzing of information to make decisions about all phases of the business • The determination of goals for the business and strategies to achieve goals
Organizing • The determination of what work needs to be done and who is to complete each job • The assignment of duties and authority to workers
Staffing • All the activities involved in finding, selecting, hiring, training, appraising, and rewarding of employees
Leading • The directing of personnel to complete tasks correctly and on time. • The ability to influence people to act according to company plans and procedures
Controlling • Comparing what actually happened with what was planned. • Controlling is directly related to planning