Business Studies, asked by rajil4037, 1 year ago

Define management explain the major functions of management

Answers

Answered by vanshika7241
0
The set of core activities that defines the role of managers in a business environment. The four functions of management include planning, or deciding upon business goals and the methods to achieve them; organizing, or determining the best allocation of people and resources; directing, or motivating, instructing, and supervising workers assigned to the activity; and control, or analyzing metricsduring business activities to ensure completion of tasks and identify areas for improvement.
Answered by Mustela
0

Answer:

Management - Management refers to the task of taking work from the people in the environment of the organization and making them satisfy by giving them monetary and non- monetary benefits.

Those functions are interrelated to complete the application cycle in the organization.

Management functions are the basic structure of any organization, to sum up, the working criteria with coordinator and ethics.

These functions are - Planning, Organizing, Directing, Staffing, and Controlling.

Planning - This a bridge that helps to understand where the firm is and where it's motive to go. It is the advance assistant of existing facts and assuming the future.

Organizing - It is referred to in the accusation of all the resources and material according to the planned format to start the work operations.

Directing - This function of management sort any grievances and lag in the plan and use the suitable alternative to remove it.

Staffing - This task is to assemble the potential staff in the right position to create a motivated working in the organization.

Control - This is the overall operational excellence for the firm which is checked again and again by the manager to assure the desire working space.

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