The Basic Functions of Management

Identify the management function associated with each of the following examples of managerial work.

Example of managerial work

Blake Mycoskie, founder of Toms, encourages social entrepreneurship through the

company's slogan "One for One."

A construction project manager from Iron Horse Construction uses a team of experts to

design the development of a new property on the top of a very steep ridge. The team

includes geotechnical consultants, erosion control specialists, and contractors.

Taco Bell CEO, Mark King, considers what the technical and logistical needs would be in

order to offer delivery to customers.

At the Ritz$-$Carlton hotel, employees can spend up to $$2,000$ per guest, per incident to

satisfy customers. But managers at the Ritz$-$Cariton monitor how much is actually spent,

and they know that employees can often satisfy customers for much less than $$2,000.$