This website uses cookies to ensure you have the best experience. Learn more

Functions Of Management Essay

587 words - 3 pages

Not to long ago I made the decision to purchase a new home, this was my first time of purchasing a home and I would have to say it was scary. Although difficult it was not unbearable, and I would to anybody thinking about doing so to do it.
The first step that was took in purchasing my own home was getting my credit good enough, this included constantly monitoring my credit as well as paying off some old bad debt. The first step was honestly the step that took the longest, the reason being is you cannot just wish your bad debt away you have to work at it. This involved slowly chipping away from every paycheck until it was all finally gone. This step took me around three years to accomplish.
The second step was to speak with a ...view middle of the document...

She then gave me a print out of all the local homes that were in our price range. At this time we just went from house to house looking at our options and price differences. After finally finding a house that would suit my needs I then was moved to the realtors office to print up a offer on the home I started with a very low offer about 10 thousand less than the asking price plus the seller paid closing cost. Reasoning for this is if I start out low possibly they would give us the lowest possible price.
The next step was waiting on the seller to review the offer and come back with a counter offer. To my surprise there was not counter offer just a agreement to my terms, this really cut down the buying time and made it very easy on everyone.
After that I was sent back to the bank to speak with the loan officer again, did more paperwork and waited for them to officially put the loan together while I was supposed to get insurance and utilities turned on at the new house.
Then all the paperwork was sent to the closing office where they had to check all information on the home such as appraisal and other things to make sure that everything was in line, after a few months of this we were then called and were ready to close, this was simply signing paper work with the seller and getting our new keys to our home.
I feel that my decision making process was similar to the text in the original planning of the purchasing a home. However when it came to actually buying the home I feel that I rushed into buying and did not take enough time to really wait and see what came up in the market over a few months or a year.

-----------------------
Buying a Home
OC Dunn
MGT/230
Randy Kensinger
July 30, 2012

Other Papers Like Functions of Management

Functions Of Management Essay

917 words - 4 pages The four basic functions of management are (1) planning, (2) organizing, (3) leading, and (4) controlling. In 1916, a French coal mine director named Henri Fayol wrote a book entitled “Administration Industrielle et Generale,” which set forth five distinct functions of managing that Fayol insisted were applicable in any industry. In the 1950’s, management textbooks began to incorporate some of Fayol’s ideas into their content. (Norman, 2015) The

Functions of Management Essay

562 words - 3 pages Functions of Management American InterContinental University October 30, 2010 Abstract This paper will explain the four basic functions of management; Controlling, Leading, Organizing and Planning. It will discuss the manufacturing option decision. There will be some pros and cons about the manufacturing decision. The paper will also discuss the impact the manufacturing decision it might have on the functions of management. Functions of

Functions of Management Paper

1171 words - 5 pages Functions of Management Paper MGT/330 October 17, 2011 Jonathan Graff Functions of Management Paper Management is the process of working with people and resources to accomplish organizational goals (Bateman & Snell, 2009). Four major functions of management exist to aid in making this process successful. The four functions of management are planning, organizing, leading, and controlling. Management needs to be efficient and effective

Functions of Management

813 words - 4 pages Functions of Management Paper Management is capable of being accomplished by following four functions, planning, organizing, leading, and controlling. Planning is to come up with goals that needs to be achieved by you and collogues. Having good plans and success will produce growth and productivity within the organization. Every company ,no matter what size of the organization , has developed and implemented its own managerial concepts and

Functions of Management

901 words - 4 pages FUNCTIONS OF MANAGEMENT Functions of Management The process of working with resources and people in an organization to accomplish a goal can be defined as management. "The traditional functions of management "planning, organizing, leading, and controlling" continue to be the key activities used to enable the organization to accomplish its goals and objectives. Though significant changes have occurred in all organizational structures

Four Functions of Management

560 words - 3 pages I read the article “Management Concepts-The Four Functions of Management”, written by Jayashree Pakhare. This article is on the four functions of management, but really there are five functions. The four primary functions are: Planning, Organizing, Directing/Leading, Controlling, and the fifth function is staffing. Planning is the base of which all other areas of management are built. It requires administration to assess where the company

Functions of Management - 1039 words

1039 words - 5 pages Functions of Management Carolina Silva MGT/330 January 10, 2011 Kathryn Hayman Functions of Management Presently, as we go on through the day we find ourselves in a highly developed and competitive world. And the most competitive of all is business. To be successful in business, you have to be willing to learn good management skills. The four functions of management are: planning, organizing, leading, and controlling. To begin, we can

Four Functions Of Management

849 words - 4 pages The Four Functions of Management Management Before defining the four functions of management, one must define and understand the word management. Management is simply being able to work with individuals and utilize resources given to obtain organizational goals. Great managers are very effective when they can achieve organizational goals and are efficient when they can make the most excellent uses out of the resources given such as money

Functions of Management - 1031 words

1031 words - 5 pages Functions of Management University of Phoenix Online MGT/330 2009 Dick Amabile Functions of Management Introduction In today’s business world, there are four traditional functions of management: planning, organizing, leading, and controlling (Bateman & Snell, 2009). Managers need to know how to plan for the present as well as for the future. The managers of today should also be able to organize their teams and departments, lead

Four Functions Of Management

1124 words - 5 pages Four Functions of ManagementBecause organizations are made up of people management is the necessary mechanism which moves its members to attain an anticipated goal. In order to define the four functions of management and how it relates to this writer’s organization, it is important to understand the definition of management. Management is the process of motivating others in the use of organizational resources to attain specific goals as

Four Functions Of Management

1017 words - 5 pages In today's rapidly changing competitive world, the human element of management is becoming more significant. Management is a function, a discipline, and constant action to be completed. Managers are the professionals who practice this discipline, carry out the functions, and provide these tasks. There are four foundations to the long road of management success; planning, organization, leading, and controlling. These four keys are essential to

Related Essays

Four Functions Of Management Essay

1208 words - 5 pages Four Functions of Management Abstract The four functions of management, planning, organizing, leading, and controlling, are building blocks that are essential in constructing a strong frame work for organizations and productive teams. These steps in the management process must be performed by manager is all organizations. The four management skills are best implemented whenever a project or set of goals need to be completed. Everyday

Functions Of Management Essay 771 Words

771 words - 4 pages Functions of Management Functions of Management In every organization, every manager knows the importance of the four functions of management. Planning, organizing, leading, and controlling are the functions that managers use throughout their career daily. The larger corporations of management have the top-level, middle-level, and frontline managers use all the functions of management. Smaller businesses only may have one

Functions Of Management Essay 986 Words

986 words - 4 pages Functions of Management Student Name University of Phoenix MGT/330 February 7, 2012 Instructor Functions of Management Telecommunication companies must maintain a consistent and dependable operating system.  Managers within this organization are the supervisors of a group or department of employees. The managers must ensure that the required work is completed in order to reach the organizational goals and maintain

Functions Of Management Essay 915 Words

915 words - 4 pages Functions of Management Managing is an ever-evolving responsibility. The way management behaves changes based on the type of business (manufacturing, health, nonprofit, professional services, etc.), the size of the business, the goals the business wants to achieve, the location of the business, and many other factors. With all of these factors, there are four functions that remain the same as foundations for management. The four