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Business Management
| Question | Answer |
|---|---|
| What are the four functions of management? | Planning, organizing, leading, and controlling. |
| Management | The process of working with people and resources to accomplish organizational goals effectively & effciently. |
| Planning | Systematically making decisions about which goals and activities to pursue. |
| Organizing | Assembling and coordinating the resources needed to achieve goals. |
| Leading | Stimulating people to be high performers. |
| Controlling | Monitoring and reacting to performance. |