Question

State various functions of management.

Hint:

The core functions of management—planning, organizing, leading, controlling, and coordinating—are essential for the efficient operation and achievement of organizational goals.

Answer 1

Management is the process of planning, organizing, leading, and controlling an organization’s resources to achieve its objectives. Below are the various functions of management: Step 1: Planning.
Planning is the first and foremost function of management. It involves setting objectives and deciding on the actions necessary to achieve those objectives. Planning provides direction to the organization and helps to foresee potential obstacles.
Step 2: Organizing.
Organizing refers to the process of arranging resources, both human and non-human, in such a way that the work can be performed efficiently. This function includes defining roles, responsibilities, and the organizational structure.
Step 3: Leading.
Leading is the function that involves guiding, motivating, and directing employees towards achieving organizational goals. It includes making decisions, solving problems, and inspiring others to work towards common objectives.
Step 4: Controlling.
Controlling involves monitoring and evaluating the performance of the organization to ensure that it is progressing according to the plans. If there are deviations from the plan, corrective actions are taken.
Step 5: Coordinating.
Coordinating involves ensuring that all activities and resources of the organization are aligned. It requires effective communication between departments and individuals to ensure smooth operations.