Mgt 8803 module 4 - Study guides, Class notes & Summaries

What is planning? - Answer Identifying goals and strategies to get to those goals. What was the focus of classical management? - Answer Productivity, making workers and organizations more efficient. What are Fayol's four functions of management? - Answer 1. Planning (deciding business goals and how to achieve them) 2. Organizing - (determining the best allocation of people and resources) 3. Leading - coordination the directing the activities of the employees 4. Controlling - observing ...