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.
In which sector FDI was not allowed?
In Microsoft Word, which option allows you to exclude specific sections or types of text from the spelling and grammar check?
Which of the following is NOT an example of small savings?
In which year did Abhinav Bindra win his Olympic Gold Medal?
Who among the following was a co-founder of the Swaraj Party along with Motilal Nehru?
 As per the Union Budget 2024-25, what is the new threshold for the TReDS onboarding turnover?
Who authored "Conversations with Aurangzeb," a work blending historical fiction and satire?
Plan revenue expenditure relates to _______.
I. Five-year plans
II. Salaries and pensions
In which year did India first participate in the Olympic games?
Who among the following was the first woman Sarpanch of a Gram Panchayat?