Question
Which function of management involves defining goals for
the company’s future direction and determining the missions and resources required to achieve those targets?Solution
Planning is the fundamental function of management that focuses on the future course of action. It involves: • Defining objectives and goals, • Identifying the resources needed, • Deciding how, when, and by whom tasks will be performed. Planning is often referred to as the bridge between the present and the future, ensuring that an organization moves systematically towards its objectives. It is a preparatory step that lays the foundation for all other functions of management (organising, staffing, directing, and controlling). By anticipating changes and challenges, planning enables managers to reduce uncertainty and achieve desired results.
The ten per cent reservation in central government jobs under economically weakersections (EWS) category is available to the persons whose family inco...
Who among the following is the future Buddha that is yet to come?
Which day is observed on 11th July?Â
When will the IAF conduct "Exercise Vayu Shakti-2024," and what platforms will be showcased for the first time in the exercise?
Which of the following is the green algae?
Which of the following states/UTs has the first 100% fully digital literate Panchayat in India?
Which agricultural science deals with methods to provide a favourable environment to crops for higher productivity? Â
The Supreme Court ruled in the Kesavananda Bharati case of _________ that the Preamble is a constituent of the Constitution.
Who was sworn in as the Governor of Chhattisgarh in February 2023?
In the game of Ice hockey, during normal play how many players are there in each team on the ice at any one time to compete?