BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.

Detailed explanation-2: -According to Henry Fayol, “To manage is to forecast and plan, to organize, to command, & to control”. Whereas Luther Gullick has given a keyword ‘POSDCORB’ where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting.

Detailed explanation-3: -Management is considered a continuing activity made up of basic management functions which are Planning, Organising, Staffing, Directing and Controlling. The managers have to perform all these functions in order to achieve the desired organizational goals.

Detailed explanation-4: -Another way of describing the functions of management is to consider it as a process. As a process, management refers to a series of inter-related functions, that is, planning, organizing, staffing, leading or directing, controlling, and coordinating.