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Fawwaz's Assignment - Lesson15

A manager's primary challenge is to solve problems creatively. The document discusses the four main functions of management: planning, organizing, leading, and controlling (POLK framework). Planning involves setting objectives and determining how to achieve them. Organizing is developing an organizational structure and allocating resources to meet objectives. Controlling measures performance against plans and standards and ensures responsibility is clear for deviations.
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0% found this document useful (0 votes)
51 views1 page

Fawwaz's Assignment - Lesson15

A manager's primary challenge is to solve problems creatively. The document discusses the four main functions of management: planning, organizing, leading, and controlling (POLK framework). Planning involves setting objectives and determining how to achieve them. Organizing is developing an organizational structure and allocating resources to meet objectives. Controlling measures performance against plans and standards and ensures responsibility is clear for deviations.
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We take content rights seriously. If you suspect this is your content, claim it here.
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Name : Fawwaz Nadhor Mazini

ID : 21104090046
Class : MPI-C
Lesson: EFIEM
1. A manager’s primary challenge is to solve problems creatively.

2. Four major functions, they are planning, organizing, leading, and controlling (the P-
O-L-C freamwork)

3. Planning is the function of management that involes setting objectives and


determining a course of action for achieving those objectives.

4. The process begins with environmental scanning which simply means that planners
must be aware of the critical contingencies facing their organization in terms of
economic conditions, their competitors, and their customers.

5. Organizing is the function of management that involes developing an organisational


structure and allocating human resources to ensure the accomplishment of objectives.

6. Organization also involves the design of individual jobs within the organization.

7. Six, the measurement of performance standards, including financial statements, sales


reports, production results, customer satisfaction, and formal performance appraisals.

8. Effective controlling requires the existence of plans, since planning provides the
necessary performance standards or objective. Controlling also requires a clear
understanding of where responsibility for deviations from standards lies.

9. A budget audit provides information about where the organization is with respect to
what was planned or budgeted for, whereas a performance audit might try to
determine whether the figures reported are a reflection of actual performance.

10. These functions are planning, organizing, leading, and controlling. This P-O-L-C
framework provides usefull guidance into what the ideal job of manager should look
like.

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