GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which management function is described in the following situation:Wendell has created a team atmosphere among the members of his sales department. When the team exceeded their monthly sales goal, James rewarded them with a celebratory dinner out and a five-percentbonus.
A
Directing
B
Controlling
C
Planning
D
Organizing
Explanation: 

Detailed explanation-1: -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-2: -Controlling is the management function concerned with monitoring employees’ activities, keeping the organization on track toward its goals, and making corrections as needed.

Detailed explanation-3: -Planning involves the effort to direct and lead people to accomplish the planned work of the organization. Work groups are an ineffective way for employees to gain experience with management activities. Management is the ability to motivate individuals and groups to achieve increased morale.

Detailed explanation-4: -Top Level of Management The top management is the ultimate source of authority and it manages goals and policies for an enterprise. It devotes more time on planning and coordinating functions. Top management lays down the objectives and broad policies of the enterprise.

There is 1 question to complete.