Maharashtra State BoardHSC Commerce 12th Board Exam
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Explain the following term/concept. Organizing and What is organizing? - Organisation of Commerce and Management

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Definition

Explain the following term/concept.

Organizing

Answer the following.

What is organizing?

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Solution

Organizing is the process of identifying, bringing the required resources together such as men, money, material, machine and method, grouping, and arranging them properly for achieving the objectives. In planning, the management decides what is to be done in the future whereas the organizing function decides the ways and means to achieve what has been planned. This function is important for the execution of the plans which have been prepared by top-level management people.
The synchronization and combination of the workforce, physical, financial, and information resources are established in the process of organizing.

Concept: Functions of Management
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