Five Functions of Management: Business Planning at the Local Level

In this lesson, the teacher will address the “Planning” function of the “Five Functions of Management” as it occurs in the business context at the local level. Students will read “Eight Great Business Plans: Who Is This Year’s Winner?” Reassess how goals are met in a local business with a lack of resources. The planning function is the first function of the “Five Functions of Management” (see definition from standards below).