The document outlines the five main functions of management for entrepreneurship: planning, organizing, staffing, directing, and controlling. Planning involves determining goals and courses of action to achieve them. Organizing is bringing together resources to develop productive relationships. Staffing is selecting and maintaining an organizational structure of human resources. Directing ensures organizational methods work efficiently. Controlling measures accomplishments against standards and corrects deviations.

1. Management
Functions of
Entrepreneurship
John Rassel R. Leal
9 – Syzygium Cumini

2. Planning
It is the basic function of management.
It deals with chalking out a future
course of action & deciding in advance
the most appropriate course of actions
for achievement of pre-determined
goals.

3. Organizing
It is the process of bringing
together physical, financial and
human resources and developing
productive relationship amongst
them for achievement of
organizational goals.

4. Staffing
It is the function of manning the
organization structure and keeping
it manned. Staffing has assumed
greater importance in the recent
years due to advancement of
technology, increase in size of
business, complexity of human
behavior etc.

5. Directing
It is that part of managerial function
which actuates the organizational
methods to work efficiently for
achievement of organizational
purposes.

6. Controlling
It implies measurement of
accomplishment against the
standards and correction of
deviation if any to ensure
achievement of organizational
goals.
Credits to: managementstudyguide.com

7. My Reflection
I have learned a lot in this topic, you
need to work hard and plan your work
to achieve your goals. Don’t give up if
there are many problems you’ll face
and keep striving to become a
successful entrepreneur.