Question
Vikram is a marketing head in the organisation. Which of the following tasks best describes the directing function being performed by Vikram?
Read the following passage and answer the next 3 question (Q24-Q26) 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.
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.
More Financial Management Questions
- Which of the following is not a characteristic of preference shares?
- What is the primary objective of the HaRBInger 2024 hackathon hosted by APIX and RBI?
- Accounting Standard (AS) 4 is related to which of the following?
- Which of the following schemes facilitates the easy availability of credit to exporters while also reducing risks associated with exports?
- If a company makes an offer of securities beyond the one-year validity period of the shelf prospectus, what is required?
- What is the key difference between the SDF and the Reverse Repo Rate?
- Under Section 28(1)(a) of the PFRDA Act, 2013, a person who is required to obtain a certificate of registration from the Authority but carries on such acti...
- When the price of a good falls, the quantity demanded generally rises. Which of the following BEST explains this inverse relationship according to the Law ...
- Which of the following financial management practices is most critical for MSMEs to ensure financial sustainability in a competitive market?
- Internal Capital Adequacy Assessment Process (ICAAP) is a requirement under ______ of Basel norms.
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)