Business Studies, asked by kitanjotkaur5698, 7 months ago

explain the function of management

Answers

Answered by shashank2303
59

Answer:

The four basic functions of management are planning, organizing, leading and controlling. These functions work together in the creation, execution and realization of organizational goals. The four functions of management can be considered a process where each function builds on the previous function. To be successful, management needs to follow the four functions of management in the proper order.

1. Planning

2. Organizing

3. Leading

4. Controlling

1. Planning

In the planning stage, managers establish organizational goals and create a course of action to achieve them. During the planning phase, management makes strategic decisions to set a direction for the organization. Managers can brainstorm different alternatives to achieve the objective before choosing the best course of action. While planning, managers typically conduct in-depth analysis of the organization’s current state of affairs, taking into consideration its vision and mission and evaluating what resources are available to meet organizational objectives.

There are several approaches to planning:

1. Strategic planning

2. Tactical planning

3. Operational planning

2. Organising

The purpose of organizing is to distribute the resources and delegate tasks to personnel to achieve the goals established in the planning stage. Managers may need to work with other departments of the organization, such as finance and human resources, to organize the budget and staffing. During the organizing stage, managers strive to create a work environment conducive to productivity. Managers typically take employees’ motivation and aptitude into account to match employees with roles and tasks that best fit their abilities.

3. Leading

Leading consists of motivating employees and influencing their behavior to achieve organizational objectives. Leading focuses on managing people, such as individual employees, teams and groups rather than tasks. Though managers may direct team members by giving orders and directing to their team, managers who are successful leaders usually connect with their employees by using interpersonal skills to encourage, inspire and motivate team members to perform to the best of their abilities.

4.Controlling

Controlling is the process of evaluating the execution of the plan and making adjustments to ensure that the organizational goal is achieved. During the controlling stage mangers perform tasks such as training employees as necessary and managing deadlines. Managers monitor employees and evaluate the quality of their work. They can conduct performance appraisals and give employees feedback, providing positive remarks on what they are doing well and suggestions for improvement. They may also offer pay raise incentives to high-performing employees.

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Answered by jurryhamdani
37

There are the four major functions of Management.

1. Planning

2. Organizing

3. Leading

4. Controlling

1. Planning.

It belongs to major part of Management, It is the first part of the function of organization in which we learn about the plans like how to do this work, who did this work, when you did this work, whom to do this work. There are 4 major types of Planning.

1. Strategic Planning

2. Tactical Planning

3. Operational Planning

4. Contingency Planning

2. Organizing

It is the second part of the function of organization in which the manager makes different department and mixes all the departments for achieving future goals.

3. Leading.

It comes after controlling it consists of managing and motivating people to achieve organizational objectives, Leading focuses on managing people like individual employee, groups rather than tasks.

4. Controlling.

It is the final part of Management function in which it simplifies the step of the manager to determine whether organizational goals have been achieved or not.

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