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Management Planning

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♠ WHAT IS PLANNING ? ♦  Planning is the main starting function of management. ♦  Planning is a process that involves the selection of tasks, objectives and actions for their implementation and it requires decision, i.e. selection of alternative future courses of action. ♦  Plans provide rational approach to the realization of previously selected goals. ♦  […]

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Management Control

Posted 1 CommentPosted in BUSINESS, BUSINESS COURSES, MANAGEMENT COURSE

♠ WHAT IS MANAGEMENT CONTROL ? ♦  Management Control is the fifth and final fundamental function of management. ♦  Quick and unexpected changes in the environment of organization have contributed to the increased value of this function. ♦  In the conditions of increasingly competitive game,constantly increasing demands of customers and rapid technological changes which affect […]

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Introduction To Management

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♠ THERE ARE NUMEROUS DEFINITIONS OF MANAGEMENT ♦   The most popular definition of management is written by American writer Mary Parker Follet who said that management is the ability of getting things done with the help of other people, or in short: getting things done through people. ♦   Management includes planning, organizing, commanding, coordinating and monitoring. ♦  […]