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Come up with a business idea

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Reference no: EM132759459

Requirements: Expectations from the Students

· Come up with a business idea where you can implement the four functions of management as described by Henry Fayol (Planning, Organizing, Leading and Controlling).

· At the first hand, think about an idea of any business around you.

· Conceive the four functions of management with the highlighted business. For example: try to analyze how these given functions of management can be practically implemented within the idea of selected business. (You may interview someone who is really in this business in order to get better grip on the required concepts).

· Now write down the implementation of these managerial functions specific to the selected business.

Reference no: EM132759459

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