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Management Process
The five basic management functions of (1) planning, (2) directing, (3) controlling, (4) improving, and (5) decision making.
Planning
The process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals.
Controlling
The function of management involved in monitoring and evaluating the efficiency and effectiveness of a company's strategies and operations.
Managerial Information
Data and analysis provided to managers to assist in decision-making and strategic planning for a business.
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