Four crucial functions can be used to summarize management ideas. Planning, organizing, leading, and controlling are these tasks. The P-O-L-C framework offers helpful direction for the optimal managerial position.
What is the importance of planning?
Planning enables us to identify potential barriers to our goal's achievement as well as potential facilitators and to determine what to do about each. Making plans enables us to take responsibility for our actions.
In the early 1900s, Henri Fayol first classified them as five functions. Planning, organizing, leading, and controlling are the four primary management activities that have been consolidated and decreased over time from all of Fayol's individual roles.
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