Write a note on the functions of management. Management is a global need.

It is essential to every individual, a family, educ ational institution, hospital, religious organizations, team of players, a gover nment, military systems, cultural body, urban centers, and business enterprises. Everyone comes across some or the other management functions in their day to da y pursuits. Management is required to plan, organize, co-ordinate and control the affairs of a business concern. It brings together all the resources and motivates people t o achieve the objectives of a business enterprise. There are four functions of management that allows any organization to have a co ntrolled plan to be successful. These are very essential in building strong orga nizations. The four functions are shown in the figure below.