Recall that there are three functions of management: planning, implementation and control, and decision- making. Planning...

 

Transcribed Image Text:

Recall that there are three functions of management: planning, implementation and control, and decision- making. Planning includes setting goals and objectives for the company to achieve. Implementation and control requires turning the company's plan into daily actions to achieve its goals. Decision-making requires management to evaluate alternatives and act for the company. Decisions can impact the company's short- term or long-term goals. To begin, let's review the different types of questions or decisions that Leslie and Dana may need to answer, and identify the function of management related to the decision (planning, implementation and control, or decision-making). Recall that there are three functions of management: planning, implementation and control, and decision- making. Planning includes setting goals and objectives for the company to achieve. Implementation and control requires turning the company's plan into daily actions to achieve its goals. Decision-making requires management to evaluate alternatives and act for the company. Decisions can impact the company's short- term or long-term goals. To begin, let's review the different types of questions or decisions that Leslie and Dana may need to answer, and identify the function of management related to the decision (planning, implementation and control, or decision-making).