What Are The Four Management Principles

Superior Essays
Management Principles: Roles of Management
Theresa Fajardo
EBS 300
February 9, 2016
Los Angeles Film School

Abstract
Effective and efficient management requires managers to apply the four basic managerial functions. Summarized as the P-O-L-C figure, planning, organizing, leading, and controlling are highly incorporated when used in the day-to-day realities of running a business. This essay will discuss the four management functions and provide examples to further elaborate on how these principles apply to existing businesses.

Management Principles: Roles of Management
Good management is key to a business’ growth, success, and maintenance of success. By working through others, management learns how to establish a business’ competitive advantage in the most efficient and
…show more content…
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Microsoft Inc. (2016). Company Culture: Five Steps to Make it Strong | Microsoft SMB. Retrieved February 06, 2016, from https://www.microsoft.com/en-us/business/articles/five-steps-to-a-strong-company-culture
Nayar, V. (2015, April 2). Disruptive Innovation Key to Become World Leaders. Retrieved from http://www.vineetnayar.com/post/disruptive-innovation-key-to-become-world-leaders
Norman, L. (2016). What Are the Four Basic Functions That Make Up the Management Process? Retrieved from http://smallbusiness.chron.com/four-basic-functions-make-up-management-process-23852.html
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