Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie’s product will target two groups: day care centers in warm climates and home school programs. Suzie has come to you for help in getting her idea off the ground. She has never managed a business before and is not sure what functions she will need to perform to make her venture successful.

Required:
Briefly explain to Suzie the three major functions of management. For each function, give three examples of questions that Suzie will need to answer to make her business venture a success.