explain any 7 managerial functions ?
class 10th
chapter - entreprenuer skills
if you answer my question I will give you 10thanks + follow + brainlist....
Answers
Explanation:
your answer
The managerial functions are following....
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.
At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager
Management is considered a continuing activity made up of basic management functions which are Planning , Organising, Staffing, Directing and Controlling. The managers have to perform all these functions in order to achieve the desired organizational goals.
Planning is the most important function of management. A good business plan can show you a proper way to define business goals and strategies on how to achieve those goals.
14 management principles by Henri Fayol are universally accepted guidelines for managers to do their job according to their responsibility. ... Balancing Authority and Responsibility. Discipline. Unity of Command. Unity of Direction.
▪️Communication and motivation.
▪️Organisation and delegation.
▪️Forward planning and strategic thinking.
▪️Problem solving and decision-making.
▪️Commercial awareness.
▪️Mentoring.
How do I develop my management skills?
1. Organizing Resources.
2. Identifying Opportunities and Prospects.
3. Risk-Taking.
4. Decision Making.
5. Technology Transfer and Adaptation.
6. Innovation.
7. other items