26 - Activities such as planning, organizing, executing, coordinating and controlling are included in which of the following? a) Functions of foreign relations B) Functions of the business NS) Management functions D) Functions of entrepreneurship TO) Functions of internal relations
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Activities such as planning, organizing, executing, coordinating and controlling are included in which of the following? |
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The Correct Option is C. Management Functions
There are mainly 5 functions of management.
1. Planning
When considering planning in a management capacity, consider it the process of selecting suitable objectives and activities to pursue and then determining what strategies to employ, what actions to take, and what resources are required to attain the goals.
2.Organizing
It is the process of gathering physical, financial, and people resources and fostering effective relationships among them in order to fulfill corporate goals. According to Henry Fayol, "organizing a firm means providing it with everything necessary for its operation, such as raw materials, tools, money, and employees." Organizing a firm entails identifying and allocating human and non-human resources to the organizational structure.
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