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My 2 Cents Key Functions Of Management.

Discussion in 'Business Ideas and Startups' started by Pooja Sharma, Mar 10, 2016.

  1. Pooja Sharma

    Yellow Belt

    Feb 5, 2016
    +20 / -0
    In big multinational companies Management plays an important role. Following are key functions of management based on priority basis:
    • Planning - Preparing a layout
    • Organizing - Collecting resources as per plan layout
    • Staffing - Add employees (recruitment) in business
    • Directing - Granting authorities and responsibilities
    • Controlling - Scrutinizing the completed tasks
    • Research and development - Creating reports and searching scope for new technologies.
  2. sunshine

    Yellow Belt

    Mar 11, 2012
    +128 / -0
    Sure for big organizations there is a need of good Management which plays an important role to proper mange all system operation. If management is good business will boost up, if not so good then the business could go downward.
  3. Zirkon Kalti

    Yellow Belt

    Dec 10, 2015
    +120 / -0
    The manager should regularly provide feedback on the employees' performances so that they know whether they are doing well. The manager should give both positive and negative feedback.

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