The process of organizing , planning, controlling, decision making and allocation of resources to achieve an objective of either an individual or a group or a firm is called management. Every one has their own objective and they will manage things to get achieve that objective.
The primary functions of management
1) Planning: To achieve an objective we should plan before what are the different actions that we can use and also the resources which are need to used. This process of find different actions and resources is called planning.
2) Organising: After planning people should take decision of how to implement those plans, so they will decide what task should be given to whom to achieve the objectives.
3) Leading: Every person should take an initiative to take the lead and work together to achieve that objective. So the process some one leading the team is for an efficient work to get the objective done is called leading.
4) Controlling: The process of monitoring how the work is done to achieve that objective and trying measure , modify and compare results to see that the process is not loosing the track is called controlling.
With all these functions anyone can achieve their objectives with an effective management techniques.
ANSWER :
What is management?
Management basically is to mange the things and people to attain the set objectives and the goals of the organisation. Therefore, management can be defined as a process (using skills of art and science) of planning (including setting goals and objectives), organising resources and people, leading and directing, controlling and decision making to achieve the set goals and objectives of the organisation.
The basic functions of management are, therefore, as under :
Planning
It starts with setting goals and objectives of the organisation. It plans activities and sub goals and a formulate network of these activities for reaching the target goals in time and within the budgeted costs with optimum allocation and utilisation of resources. Planning decades what, who, when and where aspects in its process.
Organising :
It basically considers “how” tan “who” to achieve the objectives. Resources of all types needed are allocated, people are assigned tasks defining their authorities and responsibilities (also termed as staffing).
Directing :
It emphasises “what” and “how”. People are directed what they are do and ach guided from time to time , if required, to accomplish the completion of tasks effectively and efficiently. It also needs the skills of leading people. Leadership qualities are helpful in carrying out this function.
Controlling :
Thins around us may at times go out of track. It is necessary to keep track of tasks whether they are going as planned. If any task goes off track, it is to be brought back on track. It is controlling.
Decision making :
In al of the l above functions decision making is involved. It is necessary to lead the organisation to its set goals.
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