Management 320 stuvia - Study guides, Class notes & Summaries
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Management 320 Exam 1 Correct 100%
- Exam (elaborations) • 8 pages • 2023
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4 Management Functions - ANSWER1. Planning 
 -Setting Goals and deciding how to 
 achieve them 
2. Organizing 
 -Arranging tasks, people, and other resources to accomplish the work 
3. Controlling 
 -Monitoring performance, comparing it with goals, and taking corrective action as needed. 
4. Leading 
 -Motivating and otherwise directing people to work hard to achieve the organizations goals 
 
3 Levels of Management - ANSWER1. Top managers 
 -Make long term decisions about the overall direction...
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