GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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planning
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organizing
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implementing
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controlling
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Detailed explanation-1: -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.
Detailed explanation-2: -Planning. Planning means defining performance goals for the organization and determining what actions and resources are needed to achieve the goals.
Detailed explanation-3: -Organizing is the function of management which follows planning. It is the process of establishing orderly uses for all resources within the management system of the organization.
Detailed explanation-4: -The organizing function brings resources together to achieve the goals established in the planning function. Resources include materials, personnel and financial backing. Leaders need to identify what activities are necessary, assign those activities to specific personnel, effectively delegating tasks.
Detailed explanation-5: -Controlling: involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.