Planning Management Functions

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Management Functions

In this assignment we should learn more about management, this function and the principal task of the function management is planning.
Management is the process of reaching organizational goals by working with and through people and other organizational resources, were they need to follow three characteristics: 1. It is a process or series of continuing and related activities. 2. It involves and concentrates on reaching organizational goals. 3. It reaches these goals by working with and through people and other organizational resources.
The 4 basic management functions that make up the management process are described in the following sections: 1. PLANNING 2. ORGANIZING
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7) Identify alternative courses of action – even the best plans sometimes appears unexpected events. A management plan may need to include a plan for certain aspects in altenative courses of action can be incorporated into each segment of the planning process, or for the plan in its entirety. 8) Planning encourages innovations – is basically a decision making function which involves creative thinking and imagination that ultimately leads to innovation of methods and operations for growth and prosperity of the company.

Types of Planning
There are many types of planning, but the most important for our course are:
Business plan The business plan is to achieve these goals. It may also contain background information about the organization or team attempting to reach those goals.
The business plan are the most important for a business success, its essential to make the company lives and increase the revenue, the plans its projected three to five years ahead.
Economic planning

Economic plan is related to any direction and planning of economic activity outside of market mechanisms.
For Alexander Hamilton the economic plan was to have the government assume the entire debt of the federal government and that of the states. He also proposed the creation of a Bank of the United
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