Define management and what are the function of management
Answers
What is Management?
Management is principally the task of planning, coordinating, motivating and controlling the efforts of others towards a specific objective.
Functions of Management
1. Planning
Planning is an systematic thinking about ways and means for the achievement of pre-decided objectives.
2. Organizing
Once the plans made the next step is to organize activities of the organization, as in recognizing the tasks, ordering them, allotting duties to subordinates and apportioning the assets.
3.Staffing
Staffing means filling the empty positions in the organization to provide the right manpower in the right position.
4.Directing
Directing is the key component to running a smooth and effective organization. To knowing the staff, what they have to do. it is the responsibility of the manager to provide the right direction.
5.Controlling
Controlling systems refers to all the processes that leaders create to monitor success.Therefore it measures performance against objectives and plans.
Answer:
Management and its various functions
Explanation:
Management is a set of principles relating to the functions of planning, organizing, directing, and controlling, and the applications of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.
The various functions of management are as under:-
1) Planning
2)Organising
3)Staffing
4)Controlling
5)Directing
1)Planning refers to deciding in advance regarding the steps to be taken in future.
2)Organising refers to set a proper table of decision in a proper order
3)Staffing-Staffing refers to employ and train new employees.
4) Controlling-Controlling is a function of management where we control the efforts of employees of a company towards achieving the organisational goal.
5)Directing-A manager directs and leads the actions of employees in right direction.The main aim of all companies is to achieve profit.