Question

Define management and write
functions of management?
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Answer 1

• Management can be defined as the process of administering and controlling the affairs of the organization, irrespective of its nature, type, structure and size.

• It is an act of creating and maintaining such a business environment wherein the members of the organization can work together, and achieve business objectives efficiently and effectively.

• The four basic functions of management are planning, organizing, leading and controlling.

Answer 2

Answer:

Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling. 1 Consider what each of these functions entails, as well as how each may look in action.