Week 1 DQ 1 (Four Functions,Planning,Organizing,Leading,Controlling).docx

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BUS 201 Week 1 Discussion 1 Four Functions Discuss the most important decisions that must be made in (a) planning, (b) organizing, (c) leading, and (d) controlling to allow a manager to utilize organizational resources effectively and build a competitive advantage. Respond to at least two of your classmates postings. R1 The first function of management is planning. Planning is an important managerial function. It provides the design of a desired future state and the means of bringing about that future state to accomplish the organization's objectives. In other words, planning is the process of thinking before doing. To solve the problems and take the advantages of the opportunities created by rapid change, managers must develop formal long- and short-range plans so that organizations...

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