Question

2. Discuss the general functions of management.

Answer 1

Functions of management that is often termed as POSDCORB are described below-

1.planning-In this what is the future plan for a business and how well it will be executed is taken care of.

2. Organising-It means the formal structure which needs to follow for reaching the goal or thr plan for the company.

3.Staffing-In this the right person is selected for the right position so that there is an efficient and optimum outcome of the result

4.Directing-It talks in a sense of leadership and the way how it is going to follow by the rest of the people. It should be done in a way to reach the organizational goal.

5.Coordinating-This requires a combinational steps by tall the team for the best outcome . They need to perform well as a team for the betterment of the organisation.