These resources include money, equipment and, not least of all, people. Planning is a basic management function, because it pervades every aspect of the business's operations.

References Management Study Guide: Functions of Management University of Minnesota: 1.5 Planning, Organizing, Leading, and Controlling Forbes: Management Vs. Leadership: Five Ways They Are Different ...

Crisis management is the strategy of anticipating crises at the corporate level and planning how to deal with them effectively. Crisis management begins with risk analysis, however, it should not ...