"One man draws the wire, another straightens it, a third cuts it, a fourth points it, a fifth grinds

it at the top for receiving the head. Ten men working in this manner can produce 48,000 pins

in a single day, but if they had all wrought separately and independently, each might at best

produce twenty pins in a day.

Based on the above statement, explain and describe FIVE (5) basic functions of management

(10 Marks)

1. "One man draws the wire, another straightens it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head. Ten men working in this manner can produce 48,000 pins in a single day, but if they had all wrought separately and independently, each might at best produce twenty pins in a day," Smath, A. (2012). Westh of Nafons. Wontrwerth Edeions. Based on the above statement, explain and describe FIVE (5) basic functions of management (10 Marks)