Topics
Principles of Management
- Concept of Management Principles
- Nature of Management Principles
- Significance of Management Principles
- Theories of Management
- Henry Fayol's Administrative Theory of Management
- Taylor's Scientific Management Theory
- Emerging Trends in Management
Functions of Management
- Functions of Management
- Planning
- Organising
- Staffing
- Directing
- Co-ordinating
- Controlling
- Comparative Study of Management Functions
Entrepreneurship Development
- Concept of Entrepreneur
- Entrepreneurship Development
- Process of Entrepreneurship Development
- Recent Initiatives in Entrepreneurship Development
- Start up India
- Stand-up India
- Agro Tourism (Rural Tourism)
- Women Entrepreneurship Platform (WEP)
- Concept of Intrapreneurs
- Employees' Contribution to Innovation
Business Services
- Concept of Service
- Business Services
- Types of Business Services
- Banking
- Banking > Functions of Commercial Bank
- Types of Insurance
- Insurance
- Transport
- Modes of Transport
- Types of Transport > Roadways
- Types of Transport > Railways
- Air Transport
- Communication
- Warehousing
- Types of Communication
- Postal Service
- Modern Means of Communication
- Comparative Study of Business Services
- Comparative Study of Business Services
Emerging Modes of Business
- Concept of E-business
- Online Transactions
- Buying and Selling Process
- Concept of Outsourcing
- Forms of Outsourcing
- Business Process Outsourcing (BPO)
- Knowledge Process Outsourcing (KPO)
- Legal Process Outsourcing (LPO)
- Comparative Study of E-Business
Social Responsibilities of Business
- Concept of Social Responsibility
- Responsibilities Towards Different Interest Groups
- Social Responsibility Towards Protection of Environment
- Business Ethics
- Corporate Social Responsibility
Consumer Protection
Marketing
- Concept of Marketing
- Concept of Market
- Types of Market
- Importance of Marketing
- Functions of Marketing
- Concept of Marketing Mix
Estimated time: 10 minutes
CBSE: Class 12
Introduction
- Management is the process of planning, organising, directing and controlling the efforts of organisational members.
- It also involves using organisational resources to achieve specific organisational goals.
CBSE: Class 12
Functions of Management
Planning
- Decides what, how and who will do the work.
- Sets goals and develops plans.
- Predicts problems and prepares contingency plans.
Organising
- Assigns duties and groups tasks.
- Establishes authority and reporting relationships.
- Allocates resources for implementation.
- Improves efficiency and effectiveness.
Staffing
- Right person for the right job.
- Human resource function.
- Includes recruitment, selection, placement and training.
Directing
- Leads, influences and motivates employees.
- Includes leadership, motivation, communication and supervision.
- Encourages employees to perform their best.
Controlling
- Monitors performance towards goals.
- Sets standards and measures performance.
- Compares results with standards.
- Takes corrective action.
CBSE: Class 12
Interrelationship of Functions
- The functions are usually discussed in the order: Planning → Organising → Staffing → Directing → Controlling.
- In reality, managers are rarely able to carry out these functions in isolation.
- Managerial activities are interrelated, and it is often difficult to pinpoint where one function ends and another begins.
CBSE: Class 12
Key Points: Functions of Management
| Function | Core Idea | Key Action |
|---|---|---|
| Planning | Decide in advance | Set goals & contingencies |
| Organising | Arrange resources | Assign roles & authority |
| Staffing | Right person, right job | Recruit, train, place |
| Directing | Lead & motivate | Communicate & supervise |
| Controlling | Check performance | Measure, compare, correct |
Video Tutorials
Shaalaa.com | Functions of Management
Related QuestionsVIEW ALL [13]
Study the following case/situation and express your opinion.
| Mr. Ram, an emerging entrepreneur has designed a structure of his business organization by taking into consideration the required resources such as land, money, machinery, workforce, etc, for his new business. He appointed Mr.Shyam as a manager. Mr. Ram has assigned responsibilities such as recruitment, selection, training, and development and to determine the remuneration of the employees to Mr. Shyam. Mr. Ram has also appointed Mr. Shubham to supervise the work done by the employees according to the standards given to the employees. Mr. Shubham has to also suggest the remedies to the employees wherever necessary. On this context, find out the management functions performed by |
- Mr. Ram
- Mr. Shyam
- Mr. Shubham
