Question

One of the functions of management is considered as a base for all functions. Answer in a word / phrase / term.

Answer 1

One of the functions of management which is considered as a base for all functions is Planning.

Planning sets the tone for all other activities in the business entity.

All actions, reactions to situations and every process followed is a consequence of planning.

Planning allows for preparing for all the objectives to be achieved as well as for most uncertainties.