Functions of Management

What precisely is the function of a manager? In today's rapidly changing competitive world, what purpose does management serve? The function of management used to be based on the merits of what an individual could perform. What specifically could he or she do for a company? Today the human element of management is becoming more and more significant. It is not what a manager can do for a company but how his or her knowledge …

…some manner. Planning allows the controlling stage to be performed while also allowing leaders to allocate tasks to team members, which are organized to form one cohesive effort. Organizing is the allocation of resources necessary to achieve these goals. However how would a team be organized if there were no objective? How would a team operate if there were no motivation? And how would the team perform is they weren't given feedback on their performance?