Essay Example on 4 Functions of Management: What Managers Need to Know

Newspaper/Electronic Source: https://www.managementstudyguide.com/management_functions.htmName of article: The Four Functions of Management: What Managers Need to Know. Date: 29/2018

Provide a summary of the article (one-two paragraphs)

This article talks about the four primary management functions commonly accepted, encompassing the essential expertise: planning, organizing, leading, and controlling. The report elaborates on the significance of these functions more so to the business managers and how they can be put in action.

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How does the article relate to course readings? Describe the relevant history, theories, or laws.

This article gives a clear indication of the Four Functions of Management's significance not only to Business managers but also to general public inclined in the business industry. It also provides students perusing business-related courses with management insights, especially in regards to the four functions. Managers have to incorporate this knowledge into human resource practice.

Article Events

The 5 "W's" and "H"

• Who? American Intercontinental University
• What? The Functions of Management
• When? 29 April 2018
• Where? United States of America
• Why? For professional development opportunities
• How? Allowing for the building of skills necessary for management roles.

Of all the 5 "W's" and the "H," Which one is most important. Why?

What question is the most significant one among the rest? It provides us with a deep comprehension of the actual thing under question, which is ''The Functions of Management'', and assists people in pursuing management studies with adequate business knowledge.

What is its impact? How many people were affected by it?

The impact is that quite a large number of people who have read the article have been able to logically extend the application of management's functions from experience as well as the development of skills into practice. It has provided its reader with formal training leverage. For instance, persons pursuing courses related to business management has the chance to acquaint themselves with management philosophies as well as fair business practices that can help them prepare for management positions in the job market after studies.

Who are the article’s sources? (Examples: journalist, lawyer, doctor, neighbor, police officer, forensics expert)

The first source of the article is the Huston Chronicle, the Largest Daily Newspaper in Huston, Texas, United States. The other cause is the United States Bureau of Labor Statistics, a unit of the United States Department of Labor. It is the principal fact-finding agency of the U.S government in the entire field of labor economics and statistics.

Personal Reaction

What do you think of this article? (Discuss in at least five complete sentences)

The material is an excellent working tool for business managers as it provides them with expertise and significant knowledge on managerial tasks and a broader set of obligations. Companies need managers with specialized experience to fulfill the needs of that particular organization hence relies on the article. Management also needs to navigate on the constant and systematic challenges in the event of giving employees guidelines for tackling set goals. The item will equip them with the commonly accepted functions of management in business studies and practice.

Reference

The American Intercontinental University. 29 April 2018. The Four Functions of Management: What Managers Need to Know. Retrieved 21 May 2020 from https://www.aiuniv.edu/degrees/business/articles/functions-of-management