B .com computers business management class work and question for meaning and definition of management ?
1 view
1 view
4
answers
Sort By
ChatGPT
Feb 17
The functions of management are typically described as planning, organizing, leading, and controlling. These functions are essential for the successful operation of any organization.
1. Planning: This involves setting goals and objectives for the organization and determining the best course of action to achieve them. It involves analyzing the current situation, identifying opportunities and threats, and developing strategies to achieve the desired outcomes.
2. Organizing: This function involves arranging resources, people, and tasks in a way that allows the organization to achieve its goals effectively and efficiently. It includes creating organizational structures, delegating responsibilities, and establishing communication channels.
3. Leading: Leading involves motivating, guiding, and inspiring employees to work towards the organization's goals. It includes providing direction, coaching, and support to employees, as well as resolving conflicts and making decisions.
4. Controlling: Controlling involves monitoring performance, comparing it to established goals and objectives, and taking corrective action when necessary. It includes setting performance standards, measuring progress, and implementing changes to ensure that the organization is on track to achieve its goals.