Question
Which of the following function of management refers to
defining goals for company's future direction and determining on the missions and resources to achieve those targets? Refer to the following information to answer the next 4 questions Management has been described as a social process involving responsibility for economical and effective planning and regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level or status. Different experts have classified functions of management. According to George & Jerry, “There are four fundamental functions of management i.e. planning, organizing, actuating and controlling”. According to Henry Fayol, “To manage is to forecast and plan, to organize, to command, & to control”. Whereas Luther Gullick has given a keyword ’POSDCORB’ where P stands for Planning, O for Organizing, S for Staffing, D for Directing, Co for Co-ordination, R for reporting & B for Budgeting. But the most widely accepted are functions of management given by KOONTZ and O’DONNEL i.e. Planning, Organizing, Staffing, Directing and Controlling. Source: www.managementstudyguide.comSolution
Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when, how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. Planning is deciding in advance what to do, how to do and who is to do it. Planning bridges the gap between where we are to, where we want to go. It makes possible things to occur which would not otherwise occur
Three of the following four letter-clusters are alike in a certain way and one is different. Pick the odd one out.
PTXB
GKOS
HKNQ
MQUY
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Select the pair that follows the same pattern as that followed by the two pairs given below.
Both pairs follow the same pattern.
HPK : NTQ
DRV : JVB
Which of the following options is the closest approximate value that should come in place of the question mark (?) in the following equation?
14....
Thickness of 8 tyres L, M, N, O, P, Q, R and S is compared. Thickness of no two tyres is same.Thickness of N is more than L but less than 6 tyres. Thick...
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Study the pattern in the first two pictures and then choose the number that can replace the question mark (?) in the third picture.
There are seven persons Anmol, Fuzail, Raju, Enamul, Dinesh, Badal and Chaman each of different professions Lawyer, Judge, Police, Professor, Architect,...
Statement II: Some stationery items are rubbers.Â
Statement III: All markers are pens.Â
Conclusion I: Some stationery items are not rubb...
