The document discusses the key managerial processes of planning, organizing, leading, and controlling. It provides details on each process: - Planning involves setting goals and determining future courses of action to achieve objectives. It requires decision-making. - Organizing coordinates activities and allocates resources identified in plans to reach goals. It establishes the organizational structure. - Leading manages, motivates, and directs people. It creates a positive attitude and influences behavior toward work and goals. - Controlling monitors and evaluates activities by measuring performance, finding deviations, and correcting them to ensure goal fulfillment.