Management in business and organizations is the function that coordinates the efforts of people to accomplish goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organizations.
Management operates through five
basic functions: planning, organizing, coordinating, commanding, and
controlling.[13]
- Planning:
Deciding what needs to happen in the future and generating plans for
action(deciding in advance).
- Organizing:
Making sure the human and nonhuman resources are put into place
- Coordinating:
Creating a structure through which an organization's goals can be accomplished.
- Commanding:
Determining what must be done in a situation and getting people to do it.
- Controlling:
Checking progress against plans.