Mr. Saurabh Sharma
Assignment Set - 1
Master of Business Administration-MBA Semester -1st
MB0038 - Management Process and Organization Behavior
Q.1 Write a note on the functions of management?
ANS: The elements of management process are known as functions of management. However various authors have classified these differently. Henry Fayolclassified the major functions of management into five: 1. Planning 2. Organizng 3. Commanding 4. Coordinating and 5. Controlling
Koontz and O’Donnell have suggested 1. Planning 2. Organizing 3. Staffing 4. Directing and 5. Controlling
Planning: * The first function of the Manager is planning. It is also the foremost and the essential function. Planning equips the Manager mentally to meet his tasks. * To plan for the organization the Manager should first understand the culture and creed of the Organization, what it stands for what are its objectives. *
* The Manager should study the resources available within the organization, as also the strength and weakness of the Organization. * In the next phase the Manager should perceive the environment outside the organization and assess correctly the opportunities it provides and the challenges it poses. * Planning involves selecting missions and objectives and the actions to achieve them. * It also consists of policies, procedures, methods, budgets, strategy and programmes that are needed to achieve the goals set. Decision-making is the most important and integral part of planning
Organizing: * Organizing is the process of arranging and allocating work, authority, and resources among an organization’s members so that they can achieve the organization’s goals. * Organizing is to give a proper shape to the structure that should execute the plan smoothly to achieve its success. * It is the function of grouping together different parts forming an enterprise to carry out defined operations. * Various
Master of Business Administration-MBA Semester -1st
MB0038 - Management Process and Organization Behavior
Q.1 Write a note on the functions of management?
ANS: The elements of management process are known as functions of management. However various authors have classified these differently. Henry Fayolclassified the major functions of management into five: 1. Planning 2. Organizng 3. Commanding 4. Coordinating and 5. Controlling
Koontz and O’Donnell have suggested 1. Planning 2. Organizing 3. Staffing 4. Directing and 5. Controlling
Planning: * The first function of the Manager is planning. It is also the foremost and the essential function. Planning equips the Manager mentally to meet his tasks. * To plan for the organization the Manager should first understand the culture and creed of the Organization, what it stands for what are its objectives. *
* The Manager should study the resources available within the organization, as also the strength and weakness of the Organization. * In the next phase the Manager should perceive the environment outside the organization and assess correctly the opportunities it provides and the challenges it poses. * Planning involves selecting missions and objectives and the actions to achieve them. * It also consists of policies, procedures, methods, budgets, strategy and programmes that are needed to achieve the goals set. Decision-making is the most important and integral part of planning
Organizing: * Organizing is the process of arranging and allocating work, authority, and resources among an organization’s members so that they can achieve the organization’s goals. * Organizing is to give a proper shape to the structure that should execute the plan smoothly to achieve its success. * It is the function of grouping together different parts forming an enterprise to carry out defined operations. * Various