Saturday, June 23, 2012

Functions of Management

Functions of Management:

PLANNING
- the process of setting the objectives to be accomplished by an organization during a future time period and deciding on the methods of reaching them

ORGANIZING
- the process of grouping and assigning activitis and providing the necessary authority to carry out the activities

STAFFING
- the process of filling positions in the organizational structure with the most qualified people available (based on field of expertise)

MOTIVATING
- the process of getting the people to contribute their maximum effort toward the attainment of organizational objectives (good salary, etc)

CONTROLLING
- the process of ensuring the achievement of an organizations objectives (closely monitoring the operation)

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