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Question
The first and basic function of management.
Solution
Planning is the first and the basic function of management.
Planning can be defined as a process of setting goals and objectives for a given period of time, evaluating alternatives for the course of action and deciding an appropriate action from various alternatives. It is the first function of management.
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RELATED QUESTIONS
Define ‘ Controlling’.
Define 'Planning'.
Describe any four characteristics of 'co-ordination'.
What is meant by co-ordination?
Alliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts of all departments are coordinated
and the interlinked and authority-responsibility relationship is established among various job positions.
There is clarity on who is to report to whom
Name the function of management discussed above.
Smita had been working as an assistant manager with 'Johnson Enterprises' for the last ten years. She was very popular amongst her colleagues because of her commitment and dedication towards the work. When the manager senior to her retired, all her colleagues thought that now Smita would be promoted. But to everyone's surprise, the vacant post was filled by an outsider, Mrs Rita. Smita felt demoralised and her performance started declining. She would abstain herself often and could not meet her targets
Mrs Rita was a good leader, who would not only instruct her subordinates but would also guide and inspire them. She noticed Smita's behaviour and felt that her performance could be improved. She started involving Smita in decision making-issues related to the organisation and made her a part of a high-level joint-management committee. Smita was now punctual in office and her performance started improving.
1) Identify the function of management being performed by Rita.
2) Name the elements of the above function of management which helped Rita to improve Smita's behaviour
3) State any three features of the element identified in (ii) above
Match the correct pairs:
| Sr.No | Group 'A' | Sr.No | Group 'B' |
| 1 | Private company | a | One man one boss |
| 2 | Principle of unity of command | b | Basic function |
| 3 | Planning | c | 12 hours service |
| 4 | A TM | d | Maximum 50 members |
| 5 | Road transport | e | One man many bosses |
| f | 24 hours service | ||
| g | The cheapest mearis of transport | ||
| h | Unlimited members | ||
| i | End function | ||
| j | The costliest means of transport |
Differences between Planning and Controlling
The first and basic function of management
State the nature of staffing.
Distinguish Between the following:
Coordination & controlling.
Write Short Note on the following:
Importance of Planning.
Write Short Note on the following:
Nature of Staffing.
Answer the following Question:
What do you mean by Staffing and give its importance?
State Whether the Following Statement Is True Or False (Give Reason).
The direction is connecting and activating links between various functions of management.
Which of the following feature of management states that the management functions cannot be performed in isolation?
Arrange the phases of Project Management Life Cycle in correct order.
- Design
- Marketing
- Analysis and evaluation
- Inspection, testing and delivery
Read the following text and answer the following question on the basis of the same:
Simplex Limited had been taken over by Mundhra Group immediately following India's independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation of resources to reduce wastage. For this purpose, the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.
"The management had done effective forecast and critical thinking regarding allocation of resources to reduce wastage." Identify the function of management mentioned here.
Under which of the following function of management, employees are guided and inspired:
