Question:
Describe the functions of management.
Answer:
The key functions of management include:
- Planning: Deciding in advance what to do, how to do it, and when to do it.
- Organizing: Arranging resources (people, materials, etc.) to achieve the planned objectives.
- Staffing: Recruiting and placing the right people in the right positions.
- Directing: Leading, motivating, and communicating with employees to execute plans.
- Controlling: Monitoring performance and making necessary adjustments to ensure goals are met.
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Popular questions of class 12 Business Studies
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