Question

State with reasons whether the following statement is TRUE or FALSE

Functions of management has no role to play in success or failure of an organization.

Options

• True

• False 

Answer 1

Functions of management have no role to play in success or failure of an organisation. - False
Explanation: The functions of management directly affect the success or failure of any organisation. Planning, organising, staffing, directing and controlling are the functions that help in successful achievement of the organisational goals with minimum cost and resources.