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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Explain the management process in detail. - Commerce

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Question

Explain the management process in detail.

Answer in Brief

Solution

Management is

  • Coordination - coordinate all activities - 4M's Men, Machinery, Materials, Money
  • Process - Functions of planning, organizing, Directing, controlling
  • Purposive process - Results - Stated objectives
  • Social process - Getting things done through others.
  • Cyclical process - Ongoing process - planning - action - control - replanting replanning
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Management Process
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Chapter 1: Principles of Management - Exercise [Page 10]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 1 Principles of Management
Exercise | Q IV. 2. | Page 10
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