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Business management

2 page essay – Important components dealing with business management

Instructions

This first course assignment has you demonstrate the applications of the important components dealing with business management. In this assignment, explain the importance of planning, organization, staffing, directing, and controlling for effective business management. Share your own experiences tied to management skills, principles, and strategies you have implemented that have or have not worked in your past or current careers. If you do not have any experience tied to management skills, address what you like to see in managers who you have worked for in the past. Your essay submission must be at least two pages in lengthYou are required to use at least one outside source to support your explanation.

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Your essay response should be formatted in accordance with APA style.

Answer preview
The major functions of management are planning, organizing, staffing, directing, and controlling. Effective management must address all these functions to achieve the business’ goals and objectives successfully. Although each function’s relative importance usually varies depending on the business needs, the manager’s role revolves around these functions. Changes in economic and market conditions require managers to effectively utilize the importance of management functions in addressing organizational problems. Effective management is a process of interrelated functions that are planning, organization, staffing, directing, and controlling.(984 words)