This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

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Here are the explanations based on the provided notes:
Step 1: Identify the main functions of management. The notes list the main four basic functions as:
Step 2: Explain Planning. Planning is the first function, which involves determining what an organization intends to achieve. It takes into consideration the strategy to set goals. Planning also involves establishing strategies, policies, and rules to reach a goal. It answers key questions such as what to do, how to do it, who will do it, and for whom it will be done.
Step 3: Explain Organising. Organising is a function that involves structuring an organization into different units or departments. It also includes the allocation of resources.
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Identify the main functions of management. The notes list the main four basic functions as: Planning Organising Directing Controlling Step 2: Explain Planning.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.