Case Interview Prep

Answer: E - All four of these are core functions of management: planning, controlling, leading, and organizing. Directing is not a core function of management.

Key Takeaway: Management has four core functions, all of which are inter-related. These four functions are planning, controlling, leading, and organizing. The planning function should be performed first. The plan must then be effectively communicated to the organization. In order for a manger to lead an organization, he or she must help the organization envision the end goal and then set up the controlling and organizing mechanisms required to achieve that goal.