Managing for Business Success

Learning Objectives

1. Identify the four interrelated functions of management: planning, organizing, directing, and controlling.
2. Understand the process by which a company develops and implements a strategic plan.
3. Discuss various options for organizing a business, and create an organization chart.
4. Explain how managers direct others and motivate them to achieve company goals.
5. Describe the process by which a manager monitors operations and assesses performance.
6. Describe the skills needed to be a successful manager.