Four basic functions of a business

Four basic functions of a business

cola87 group
Research, identify, and discuss the four basic functions of a management. Also explain which function you feel is out important and why.

I have attached all the required reading as well.

 

 

 

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Solution Preview

When we want to define management, what comes into our minds first is the idea of a manager who occupies a particular role and has authority over his employees. But when we think about knowledge workers, these manage themselves, and then management becomes a process that seeks to engage all. Therefore, when management is defined as a role, we only restrict it to refer only to managers. This kind of definition is not only limiting but does not include to what extent responsibility and work have changed (McCrimmon, 2010).

(607 words)

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