Sponsor Area

Nature And Significance Of Management

Question
CBSEENBS12003649

Explain Planning and Organising as functions of management.

Solution
(a) Planning: Planning refers to thinking before hand. Under this it is decided — what is to bedone, how it is to be done, when it is to be done and by whom it is to be done.

(b) Organising: Organising refers to harmonious adjustment of various elements to achievecommon objectives. It involves determining activities needed to achieve the objectives,grouping these activities into departments, assigning such group of activities to managersand defining the interrelationship among various posts so that ambiguity in performance ofduties can be eliminated.