BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
Question
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Detailed explanation-1: -Management is the ability to motivate individuals and groups to achieve increased morale. Influence enables a person to affect the actions of others. Every manager gives the same amount of time and attention to each of the management functions. The most effective leaders treat everyone alike.
Detailed explanation-2: -Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization.
Detailed explanation-3: -Principle No. 1: The Functions of Management 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-4: -Planning involves the effort to direct and lead people to accomplish the planned work of the organization.
Detailed explanation-5: -What are the four basic functions of management? There are four generally accepted functions of management: planning, organizing, leading and controlling. These functions work together in the creation, execution and realization of organizational goals.