Jerry Lang is unclear as to the difference between the balance of a merchandising company and a manufacturing company. Explain the difference to Jerry.

BE1-2 Listed below are the three functions of the management of an organization. 1. Planning 2. Directing 3. Controlling Identify which of the following statements best describes each of the above functions. (a) _______requires management to look ahead and to establish objectives. A key objective of management is to add value to the business. (b) ________involves coordinating the diverse activities and human resources of a Company to product a smooth-running operation. This function relates to the implementation of planned objectives. (c) ________is the process of keeping the activities on track. Management determines whether goals are being met and what changes are necessary when there are deviations.

Do you want a similar Paper? Click Here To Get It From Our Writing Experts At A Reasonable Price.