BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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new small business
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partnership
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large corporation
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multinational company
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Detailed explanation-1: -The five key functions of managing are strategic planning, organizing resources, staffing, directing activities and controlling the company’s success.
Detailed explanation-2: -There are four functions of management: planning, organizing, leading, and controlling.
Detailed explanation-3: -It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals.
Detailed explanation-4: -The four functions of management are planning, organizing, leading and controlling. In order to be a successful manager, you must do all four while managing your work and team. These are the foundations of any professional managerial position.