ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which function of management involves— duties associated with obtaining, preparing, and compensating people who work for business.
A
controlling
B
organizing
C
leading
D
staffing
Explanation: 

Detailed explanation-1: -Staffing includes all of the activities involved in obtaining, preparing, and compensating the people who work for the business. Implementing is the effort to direct and lead people to accomplish the planned work of organization.

Detailed explanation-2: -The first and the most important function of management is Planning. Planning involves setting objectives in advance, a goal which is to be achieved within a stipulated time. Various alternatives are formulated in order to achieve the goals.

Detailed explanation-3: -Organizing Managers typically take employees’ motivation and aptitude into account to match employees with roles and tasks that best fit their abilities.

Detailed explanation-4: -Planning. Organizing. Staffing. Directing/leading. Coordinating. Reporting. Budgeting. Controlling.

There is 1 question to complete.