Management's key functions are typically divided into five categories: planning, organizing, staffing, leadership, and control. These functions are interdependent and collaborate to achieve organizational goals. Here's a breakdown of each function and its interrelationship:Planning:Definition: Planning involves setting objectives and determining the best course of action to achieve them. It entails anticipating future trends, establishing goals, and devising strategies to achieve those objectives.Interrelation: Planning is the foundational step, guiding all other management functions. Without a plan, organizing, staffing, leading, and controlling would lack direction.Organizing:Definition: Organizing is the process of allocating tasks and resources (people, money, and materials) so as to support the accomplishment of the organization's goals. This entails setting up hierarchies, positions, and duties.Relationship: Organizing comes after planning; it determines how the organization's resources will be allocated and coordinated to carry out the plan.Staffing:Definition: Staffing involves recruiting, selecting, training, and developing employees. It ensures that the organization has the right people in the right positions to achieve its goals.Interrelation: Staffing supports organizing by providing the human resources necessary to execute the organizational structure. It also feeds back into planning as the quality of staffing can affect future plans.Leading:Definition: Leading is the process of motivating, directing, and influencing people to work hard to achieve the organization’s goals. This includes communication, motivation, leadership styles, and conflict resolution.Interrelation: Leading is closely connected with staffing, as it involves guiding and managing the workforce that has been recruited. Effective leadership ensures that the organizational plans are executed efficiently.Controlling:Definition: Controlling involves monitoring performance, comparing it with the set goals, and taking corrective action when necessary. It guarantees that the company is making progress toward its goals.Interrelation: Controlling is related to planning, as it involves comparing actual performance with the plan and making adjustments. It also influences future planning, as the results of the control process provide feedback for the next planning cycle.Interrelationship of FunctionsCyclic Nature: The functions of management are cyclical. Planning leads to organizing, which leads to staffing, followed by leading, and then controlling. The outcomes of controlling often feed back into the planning phase, leading to adjustments in strategies and goals.