2. Basic Management Functions The following diagram shows the management process, which transforms an organization's human, financial, physical, and information resources (i.e., inputs) into performance (ie., outputs). The arrows reflect the fact that managers often engage in more than one activity at a time. Successful managers actuate efficient and effective achievement of the organization's goals. Select the labels that correspond to the letters A and B in the diagram above. A. Resources -Humani -Financial -Raw materials - Technological -Information B Management Functions Planning Select goals and ways to attain them Monitor activities and make corrections Performance- Organizing Assign responsibility for task accomplishment -Attain goals - Products - Services -Efficiency - Effectiveness A Use influence to motivate employees