ENTREPRENEURSHIP

Detailed explanation-1: -Controlling is the process of evaluating the execution of the plan and making adjustments to ensure that the organizational goal is achieved.

Detailed explanation-2: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions.

Detailed explanation-3: -The function of an organisation consists of task alignment and division of labour among personnel to meet the company’s ultimate aim. It is also known as the second most important managerial role, as it deals with coordinating employee effort and resources.

Detailed explanation-4: -The concept of management involves controlling and guiding personnel and resources within the organization. It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve the goals and objectives efficiently and effectively.

Detailed explanation-5: -The purpose of management is to coordinate and organize an organization’s many operations so that those actions may contribute to the company achieving its goals. Using a company’s resources most effectively and productively is one of the most important aspects of good business management.