Impact of External and Internal Factors on the Four Functions of Management External and internal factors such as globalization, technology, innovation, diversity and ethics can greatly impact the four functions of management. Functions such as planning, organizing, leading, and controlling can be influenced by these different internal and external factors since organizations need to ensure that they are addressed properly for business success. In addition, […]

Management is a critical aspect of every organization. Though there might be diversity in the forms of organizations, managers generally perform similar functions in these organizations. Any type of organization irrespective of its orientation strives to establish a smooth running that is geared towards achievement of its set goals and objectives. In this regard, each and every organization usually develops and implements its own management […]