IP 1

The new chief executive officer(CEO) of your company is a strong believer in the four functions of management theory.  In preparation for a management meeting, he has asked you to wirte a report that he can use to explain the theory to his management team. In the report, hew ould like to see some specific examples of firms that practiced  these four functions. For a company with which you are familier, use each of the four functions to do the following:

<Assess how the overall management team perfomed in tterms of the four funtions of management, which are as follows:

>Planning

>Organizing

>Leading

>Controlling

<Identify and explain the stong points of the managers

<Identify and explain areas in which improvement is needed

Specifically regarding the controlling function of management, answer the following questions:

1. How did most employees feel about the monitoring of activities that managers put in place to monitor employee performance and overall company performance?

2. How well was the need for control and monitoring explained to everyone before the controls were put in place?

3. Did the controls have a menaingful impact on the overall deparment or company performance? Cite some examples