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In order for these practices to succeed in an operational manner, an understanding must be reached concerning the basics in which these practices are in relationship to the business structure. (Bateman, Snell, 2007).
Planning
Planning is the first tool of the four functions in the management process. The difference between a successful and unsuccessful manager lies within the planning procedure. Planning is the logical thinking through goals and making the decision as to what needs to be accomplished in order to reach the organizations’ objectives. Managers use this process to plan for the future, like a blueprint to foresee problems, decide on the actions to evade difficult issues and to beat the competition...
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