Exam (elaborations)
UNIT 9: FIVE FUNCTIONS OF MANAGEMENT QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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UNIT 9: FIVE FUNCTIONS OF MANAGEMENT QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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UNIT 9: FIVE FUNCTIONS OF MANAGEMENT QUESTIONS AN D ANSWERS WITH SOLUTIONS 2024 PLANNING - ANSWERIdentify goals, identify ways to meet goals, set dates to complete major projects, helps prevent mistakes/disasters. Most important function. ORGANIZING - ANSWERsetting up the way a business work will be done. Managers review plans, and determine what jobs need to be performed. The manager's job is keep the business efficient and running smoothly by making sure everyone knows what their jobs are and who their supervisors are. STAFFING - ANSWERFinding the right employees to do the necessary work. Managers figure out what skills are needed for the job, recruit employees, Interview, and hire the most qualified. Managers must determine what salary to pay. They must also develop tra ining for new employees so they can enter their new job prepared. DIRECTING/IMPLEMENTING/ENERGIZING - ANSWERproviding guidance to workers as they complete their assignments. Motivate employees to do their work. Develop team spirit. Create rewards like bonuses, pay raises, and promotions to encourage workers to do well. CONTROLLING - ANSWERmonitoring workers as they work. Coordinate business activities to make sure company is achieving goals set in the planning stage. This function helps you check to see if your business in being successful and financially stable.The benefits of buying summaries with Stuvia:
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