GENERAL KNOWLEDGE

Detailed explanation-1: -An example of feedback control is when a sales goal is set, the sales team works to reach that goal for three months, and at the end of the three-month period, managers review the results and determine whether the sales goal was achieved.

Detailed explanation-2: -Planning: is the function of management that involves setting objectives and determining a course of action for achieving those objectives.

Detailed explanation-3: -Examples of controlling functions Schedule and deadline management, employee training, performance evaluations, adjustments to budgets or staffing assignments, and resource allocation are all included within the controlling function.

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.

Detailed explanation-5: -Planning involves the planning of decision making. Organizing includes appropriate coordination between planning and resources. Leading involves motivating the employees to achieve organizational goals. Controlling is related to monitoring and evaluation. 24-Aug-2021