Who identified the first four functions of management?

Henry Fayol

The correct answer is option 1- Henry Fayol.

Henry Fayol was the first to identify four functions of management – Planning, Organising, Directing and Controlling although his version was a bit different – Plan, Organise, Command, Coordinate and Control. According to Fayol, all activities of an industrial undertaking could be divided into: Technical; Commercial; Financial; Security; Accounting and Managerial. He also suggested the qualities a manager must possess.