Write a word or a phrase or term which can substitute the following statement: One of the functions of the management is considered as a base for all functions.
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Solution
There are four functions of management that span across all industries. They include: planning, organizing, leading, and controlling. You should think about the four functions as a process, where each step builds on the others.
Principles are the rules and guidelines, while elements are the functions of management. He has grouped the elements into five managerial-functions planning, organizing, commanding, coordinating, and controlling. His classification is widely accepted.