The Four Functions of Management

Planning, organizing, leading, and controlling are the main functions of management. High-level managers must set goals, develop sales strategies, and organize those goals and strategies for their organization not only for today, but also for the long term. They also need to encourage, motivate, and ensure that regional, district, and store managers accomplish those goals and strategies. Lower-level managers must then utilize these functions to see that the company's overall goals are met, but also …

…managers or store managers take responsibility for that part of the organization. Whether it is a CEO of a company or a low-level manager, they all have one common goal: the profitability of the company. References: Stanley, T. L. (2003). Management: a journey in progress. Retrieved August 5, <Tab/>2003, from EBSCO Host. Colvard, J. E. (2003). Managers vs. leaders. Retrieved August 5, 2003 from <Tab/>EBSCO Host. <Tab/>