📖 generic · CBSE Class 12th English Medium · BUISNESS STUDIES · Page 19definition

F unctions of M anagement

Chapter 13: F unctions of M anagement · BUISNESS STUDIES

F unctions of M anagement Management is described as the process of planning, organising, directing and controlling the efforts of organisational members and of using organisational resources to achieve specific goals. Planning function determining in advance what is to be done and who is to do it. This implies setting goals in advance and developing a way of achieving them efficiently and effectively. In Smita’s organisation the objective is production and sale of candles.

Smita has to decide quantities, variety TOP MANAGEMENT OPERATIONAL MANAGEMENT MIDDLE MANAGEMENT and colour and then allocate resources for their purchase from different suppliers. Planning cannot prevent problems, but it can predict them and prepare contingency plans to deal with them if and when they occur. Organising is the management function assigning duties, grouping tasks, establishing authority and allocating resources required to carry out a specific plan. Once a specific plan has been established for the accomplishment an organisational goal, organising function examines the activities and resources required to implement the plan.

It determines what activities and resources are required. It decides who will do a particular task, where it will be done, and when it will be done. Organising involves the grouping of the required tasks into manageable departments or work units and the establishment authority reporting relationships within the organisational hierarchy. Proper organisational techniques help in the accomplishment of work and promote both the efficiency of operations and the effectiveness of results.

Different kinds of business require different structures according to the nature of work. You will read more about this in a later chapter. Staffing simply stated, is finding the right people for the right job. A very important aspect of management is to make sure that the right people with the right qualifications are available at the right places and times to accomplish the goals of the organisation.

This is also known as the human resource function and it involves activities such as recruitment, selection, placement and training of personnel. Infosys Technologies which develops software needs systems analysts and programmers. Directing involves leading, influ­ encing and motivating employees to perform the

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