What Are The 4 Management Functions?

Management refers to the process of Planning, organizing, leading and controlling of resources in an organization, for achievement of set goals. Thus, the four management functions are:
- Planning: Is the management process through which goals are set, strategies are developed and tasks and schedules are outlined for the accomplishment of these goals.
- Organizing: Is the management process that deals with arranging  the organizational resources in such a manner that they help in achievement of goals.
- Leading: Is the management process of directing the resources of the organization for the achievement of goals.
- Controlling: Is the management function through which a manager sets benchmarks and standards and then compares the performance against these benchmarks and if required, takes corrective action.

Define and identify its specific purpose