About Us McqMate.com is an educational platform, Which is developed BY STUDENTS, FOR STUDENTS, The only objective of our platform is to assist fellow students in preparing for exams and in their Studies throughout their Academic career. Show
» We provide you study material i.e. PDF's for offline use.
Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level or status. Different experts have classified functions of management. According to George & Jerry, “There are four fundamental functions of management i.e. planning, organizing, actuating and controlling”. According to Henry Fayol, “To manage is to forecast and plan, to organize, to command, & to control”. Whereas Luther Gullick has given a keyword ’POSDCORB’ where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting. But the most widely accepted are functions of management given by KOONTZ and O’DONNEL i.e. Planning, Organizing, Staffing, Directing and Controlling. For theoretical purposes, it may be convenient to separate the function of management but practically these functions are overlapping in nature i.e. they are highly inseparable. Each function blends into the other & each affects the performance of others.
Authorship/Referencing - About the Author(s)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a target="_blank" href="https://www.managementstudyguide.com/coordination.htm" id="next">next</a> </div> <script src="https://code.jquery.com/jquery-2.1.4.min.js"> <script> Which of the management functions involve analyzing information setting goals and making decisions about what needs to be done?Planning involves analyzing information, setting goals, and making decisions about what needs to be done. Organizing means identifying and arranging the work and resources needed to achieve the goals that have been set.
Which management function that determines to what extent the business is accomplishing the goals is set out to reach in the planning stage?PBM Book Ch. 7 Management Functions & style vocab. What is involved in the planning function of management?Planning: is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
Which function of management involves an effort?Planning involves the effort to direct and lead people to accomplish the planned work of the organization. Q. Every manager gives the same amount of time and attention to each of the management functions.
|