Implementing plans, and evaluating performance. Controlling business operations requires keeping an eye on everything and monitoring people in order to detect problems. Co-ordination of work is an important characteristic of good management. It should be diffused throughout all stages of the management process, and the functions should be performed in an orderly manner. In addition, good control should ensure the survival and growth of the organisation.
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Planning is the first step in the managerial process. The purpose of this step is to assess the resources needed to reach an organization’s goal. It involves defining tasks and assessing current trends. The goal of this step is to allocate resources appropriately. The planning process can be a challenge if there are no clear goals. This stage is vital to managing an organization. The goal of this function is to reach a destination without obstacles or problems.
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Organizing is the next function in the management process. In this stage, managers use a plan to bring together various resources to achieve organizational goals. They divide resources between different departments and mix them up to maximize the efficiency and productivity of the organization. The goal of this step is to improve productivity. This stage involves the planning of all the processes and activities required to achieve a goal. This phase is also vital in ensuring the success of a project.
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