Question

Give two points of importance of management process.

Answer 1

Answer:

It includes planning, organizing, directing, and controlling the work and the activities of subordinates or employees—the so-called four functions of management. ... Supervision is defined as guiding the activities of people who perform the work.

Answer 2

Answer:

(1) Planning:

It refers to thinking beforehand. In other words, planning is the determination of a future course of action to achieve a desired result. Under planning, it is ascertained that what should be done, how it should be done and who should do it. Planning is a long process, for the consummation of which following steps are taken:

(i) Setting objectives (ii) Developing premises (iii) Identifying alternative courses of action (iv) Evaluating alternative courses (v) Selecting an alternative (vi) Implementing the plan (vii) Follow-up action.

(2) Controlling:

It refers to bringing the actual results closer to the desired results.

Under this, the manager monitors whether the jobs are being performed in accordance with the set plans or not. He also checks whether the quality and quantity of job performed is in alignment with the pre-determined standards/parameters or not.

Deviations are then checked for by matching actual performance with pre­determined standards. After this corrective action is taken for negative deviations so that the difference between actual result and desired results can be minimised.

The controlling process has five main steps:

(i) Setting performance standards

(ii) Measurement of actual performance

(iii) Comparison of actual performance with standards

(iv) Analysing deviations

(v) Taking corrective action.