What is the correct sequence of the four-step management process?

The correct sequence of the four-step management process is planning, organizing, leading, and controlling. This sequence is vital as it outlines the flow of effective management practices necessary for achieving organizational goals.

Starting with planning, this step involves setting objectives and determining a course of action to achieve those goals. It establishes the foundation for all subsequent steps. Once the plan is set, the next stage is organizing, where resources are allocated, and tasks are arranged to implement the plan effectively. This ensures that the right people and materials are in place to carry out the objectives outlined during planning.

Following organizing is the leading phase, where managers motivate and guide their teams toward achieving the set goals. This step is crucial, as effective leadership ensures that employees are engaged and aligned with the organization's vision. Finally, controlling involves monitoring the progress of the plan and making necessary adjustments. This means assessing performance against the established objectives and ensuring that the organization stays on course.

By understanding this sequence, students can appreciate how each step builds upon the previous one and contributes to the overall effectiveness of the management process.