BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.

Detailed explanation-2: -Thus, controlling as a function of management refers to the evaluation of actual performance of work against planned or standard performance and taking the corrective action, if necessary.

Detailed explanation-3: -The process that managers use to select “appropriate” goals for the organization is called: planning. The process that managers use to design a structure of working relationships that allows managers to work together to achieve organizational goals is called: organizing.

Detailed explanation-4: -Strategic planning is a process in which an organization’s leaders define their vision for the future and identify their organization’s goals and objectives.

Detailed explanation-5: -Organizing is the management function of arranging and structuring work to accomplish the goals of an organization. It involves creating departments, assigning tasks, delegating authority, and allocating resources to achieve desired results.