Question
Training and development of the employees is a management function which comes under _________.
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.com
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.com
More The Management Basics Questions
- What is the nominal value of the Sovereign Gold Bond Scheme 2023-24 - Series IV per gram of gold?
- Mentoring is a relationship between two people with the goal of professional and personal development. The person with whom the knowledge, experience, and ...
- What is one of the criteria for Urban Co-operative Banks (UCBs) to be considered for inclusion in the Second Schedule to the Reserve Bank of India Act, 193...
- Calls in arrear is shown in Balance Sheet as?
- After the quarterly results, a manager analyses performance reports, identifies deviations from budgeted targets, investigates reasons for cost overruns, a...
- The process of spreading investments across different assets or securities to reduce risk is called:
- Post office saving deposit is part of
- What incentives are provided for LCs with surplus debt securities borrowings exceeding 25% of qualified borrowings for FY "T+2"?
- Max Weber’s bureaucratic model aimed primarily to:
- Which of the following is NOT a duty of a trustee under the Indian Trusts Act, 1882?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt