This process is based in four key functional areas of the organization: planning, organizing, leading, and controlling. Management is the process of guiding the development, maintenance, and allocation of resources to attain organizational goals.

Managers are the people in the organization responsible for developing and carrying out this management process. Management is dynamic by nature and evolves to meet needs and constraints in the organization’s internal and external environments.

management — The process of guiding the development, maintenance, and allocation of resources to attain organizational goals. leadership — The process of guiding and motivating others toward the achievement of organizational goals. controlling — The process of assessing the organization’s progress toward accomplishing its goals; includes monitoring the implementation of a plan and correcting deviations from the plan. planning — The process of deciding what needs to be done to achieve organizational objectives; identifying when and how it will be done; and determining who should do it.

Be able to determine needed resources; compare performance to standards; define the term management.