MGMT100 Quiz: 1
Document Summary
Define and give an example of each of the four functions of management. Katz"s three essential managerial skills are helpful in performing the four functions of management. Planning: ability to plan ahead and adapt/act accordingly to the situation (e. g. having a meeting to discuss future plans for the company) Controlling: taking all aspects into perspective and manipulating the situation to suit the better interests of the individual/company (e. g. hiring individuals and promoting/demoting them based off of their performance at work) Leading: inspiring others to achieve the desired goal (e. g. praising good work ethics) Organising: using resources in a particular way to obtain the best efficiency (e. g. arranging files based on dates in order to avoid loss of documentation) Robert katz"s three essential managerial skills and how they are helpful in performing the four functions of management: Technical: the ability to think analytically and achieve integrative problem solving (i. e. controlling)
