2. FUNCTIONS OF MANAGEMENT MARGRAT C R ROLL NO:6 2. Staffing 4. Planning , organising, staffing, directing and controlling. The functions are: 1. MANAGEMENT BY OBJECTIVES (MBO) 18 slides, 147 likes Momentum | Goal and Objectives Management Software Management by Objectives: An Overview 13 slides, 11 likes Prerak Trivedi Production Management with it's objectives and functions … The above functions of management are common to all business enterprises as well as to organizations of other fields, but the manner in which these are carried out will not be the same in different organizations. It is a rational and systematic way of making decisions today that will affect the future of the company. Management Functions • Controlling – Establishing standards based upon objectives – Measuring and reporting performance – Comparing the two – Taking corrective/preventive action – Directing. 3 TOPIC:FUNCTIONS OF MANAGEMENT PRESENTATION BY: ZOHRA RUBAB 2. If you continue browsing the site, you agree to the use of cookies on this website. The Functions of Management Introduction: Planning, organizing, leading and controlling (POLC) are the four basic processes or functions of management that constitute the entire work of management. but, we can elaborate the functions into more sections. It is the basic function of management. Functions of Management

• Planning is the ongoing process of developing the business' mission and objectives and determining how they will be accomplished. CO-ORDINATION
  • Coordination is one of the most important functions of management. It is a kind of organized foresight as well as corrective hindsight. 08/01/2012 05:56 pm ET Updated Oct 01, 2012 There are several different processes of management, but four old-fashioned, but key functions that provide the "technology of management" are identified as: Planning, Organizing, Motivating, and Controlling. Financial Analysis and Interpretation 6. 2 3. Krishantha Jayasundara BA(Peradeniya),PQHRM(IPM),NDTHRD(IPM) 2. Controlling These are; 1. It involves the predicting of the future as well as attempting to control the events.
  Functions of Management Management It includes: Management of business and profit making private and government run organizations. A manager need to operate various functions to acquire organizational goal. Efficiency is using the least possible amount of resources to get work done, whereas effectiveness is the ability to produce a desired result. The Management Process involves five most important functions known as Five Functions of Management. Moreover, he has to prepare the necessary procedures to implement the plan effectively. Clipping is a handy way to collect important slides you want to go back to later. In operations management, the planning of actual employment levels can have a great impact on whether an organization can operate effectively. Clipping is a handy way to collect important slides you want to go back to later. Every department or section is given a target to be achieved and they should concentrate only on their work and should not bother about the work of other organs. These are; 1. Management By- Sweety Gupta. - Henry Fayol … Namely, these are: Planning, Organizing, Staffing, Coordinating, and Controlling. It requires the efficient use of resources combined with the guidance of people in order to reach a specific organizational objective. 10 Likes. Thi… Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. You can change your ad preferences anytime. functions of management. Planning of Accounting Function. Looks like you’ve clipped this slide to already. The five main functions of management. The five main functions of management. However, if it is a new product or service, it makes sense to do a sample market survey with the help of a competent firm. 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