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It is with this effective and efficient management that my organization can gain sustainable competitive advantages that will allow it to thrive within the industry. If management did not utilize the four functions of management, my organization may falter and sustain damage to its reputation. In addition, this could leave the door open for competitors to gain market share within our niche in the market. If the four functions of planning, organizing, leading, and controlling are implemented continuously and successfully then the organization's future will indeed be promising.
Planning is the first vital function of management that is employed by my organization...
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