From Ashish Sharma

Management Functions Or the Process Of Management

Newman And Summer recognize only four functions namely,organising,planning,leading and controlling. Henri Fayol identifies five functions of Management, viz,planning,organising,commanding, coordinating and controlling. Luther Gulick states seven such functions under the catch word POSDCORB which stands for 1. Planning 2. Organizing 3. Staffing 4. Directing 5. Coordinating 6. Reporting 7. Budgeting Warren Haynes and Joseph Massie classify Management fuctions into decision making,organising,staffing,planning,controlling,communicating and directing.

Management Functions Or the Process Of Management

Koontz and ODonell divide these functions into Planning,organsing,staffing,directing and controlling. 1. Planning it is that funtions that determines in advance what should be done. It is looking ahead and preparing for the future. It is a process of deciding the business objectives and