Managerial Functions

Managerial Functions

Managerial functions refer to the key activities that managers perform to ensure that an organization operates effectively and efficiently. The success of any organization, whether a small business or a multinational corporation, depends heavily on how well its managers execute their functions. This includes planning, where managers set objectives and devise strategies; organizing, which involves … Read more

Management: Concept and Need

Management: Concept and Need

Management is the process of planning, organizing, leading, and controlling resources like people, money, and materials to reach specific goals. It involves bringing together the efforts of individuals to get the results the organization wants. It combines skills, knowledge, and experience to handle various challenges within an organization. Need/ Importance of Management Management is essential … Read more