Five Key Functions of Management which are Planning, Organising, Staffing, Directing and Controlling. For the smooth functioning of a business, each manager is required to perform the primary functions of Management viz planning, organising, staffing, directing and controlling.
Frederick Winslow Taylor was the founder of scientific management. Frederick Winslow Taylor (March 20, 1856 – March 21, 1915) was an American mechanical engineer. Frederick taylor, popularly known as ‘father of scientific management’ He sought to improve industrial efficiency.
In this article we discuss What is the Nature of Management. Management includes a series of functions like planning for objectives, organizing the resources, recruiting right people, directing and controlling their activities to attain common goals of the organization.
In today’s article we are going to tell you what is the importance of management in business organization. Management is very important for every organisation. In absence of efficient management the resources will remain resources and cannot be converted into finished products.
In this article we are going to discuss about the Meaning and Functions of Social Values. After reading this article you are able to understand meaning and functions of social value. So let’s start:-