Principles and Management
Principles and Management
Principles and Management
Chennai - 020
1.Planning
2.Organizing
3.Staffing
4.Directing
5.Controlling
PLANNING:-
It is the ongoing process of
developing the business's mission and objectives and
determining how they will be accomplished. Planning
includes both the broadcast view of the organization,
e.g. it's mission, and the narrowest, e.g. a tactic for
accomplishing a specific goal.
ORGANIZING:
Organizing is an essential function of management. It is
the process of accumulating resources from different
sources in order to work according to the plans laid out
by the management.
STAFFING:
It is function in which qualified people are appointed to
different posts relating to their skills and strengths. The
activities included in this function are recruiting, hiring,
training, evaluating and compensating.
DIRECTING:
Directing is a function that comes after staffing of the
organization, it is the function in which the management
is supposed to lead, direct to a specific goal and
motivate the employees for the achievement of any
objective, big or small.
CONTROLLING:
It is a function in which the performance of the
organization is measured and then evaluated after which
the standard observed is determined to be either good
or bad, which then in turn leads to taking preventive and
corrective measures.
Providing direction
Facilitating change
Using resources
Achieving results
group members.
25 x 4=100 marks