GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning
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Leading
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Organizing
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Controlling
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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: -What is Leading as a Manager? Leading involves influencing others through direction, inspiration, and motivation toward the attainment of organizational objectives. Leading is distinct from the organizing function of management, which generally includes arranging or assembling resources.
Detailed explanation-3: -Planning: When management is reviewed as a process, planning is the first function performed by a manager. The work of a manager begins with the setting of objectives of the organization and goals in each area of the business. This is done through planning.
Detailed explanation-4: -Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling. 1 Consider what each of these functions entails, as well as how each may look in action.