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In management, these words would mean achieving the organizational goals with the best possible use of resources. (Bateman & Snell, 2004, Ch. 1) In order to be able to manage effectively and efficiently one must know the four functions of management. These functions are planning, organizing, leading, and controlling.
Planning is knowing what is going to happen ahead of time. In an organization management must make specific goals and decide beforehand what needs to be done in order to make the goals happen. In planning management needs to first evaluate the organizations existing situation. This would include checking what the organizations previous goals were and seeing if they have been met...
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