Planning process: Planning is the basic function of management. its preparation is directly influenced by the characteristics of the enterprise and the conditions which affect its operation. In its preparation the following steps are required to be take. 1. Being aware of opportunities: The awareness of an opportunity is the real starting point for planning. […]
Different Types of Planning in Management
planning means the selection of mission and objectives as well as the action to achieve them which requires decision making that is choosing future course of action amongst all alternatives: any attempt to control without plans is meaningless. Types of Planning Plans can be classified as Mission or Purpose Objectives or Goals Strategies Policies Procedures […]
What is the main Purpose of Management in an Organization?
Purpose of Management in an Organization: Main purpose of Management is as under: To achieve objectives: The main purpose of management is to achieve certain objectives. The management starts efforts to attain a desired objective and continues its struggle till it is finally achieved. Create cooperation and coordination: To crate cooperation and coordination among the […]
Define and Explain What is Management ?
What is Management ? Management means getting things through other peoples, it is an actively which converts disorganized human and physical resources into useful and effective results. It also refers to all human activities which are related to making arrangement for achieving a certain objective in cooperation with a number of individuals who work in […]
Four Basic Functions of Management
Four Basic Functions of Management Basic functions of management is defining as the planning, organizing, classifying, directing/ controlling and motivating the efforts of employees to achieve the organizational goals and objective. Management is an act of getting people together to achieve desired goal. Management in all business and organizational activities […]