Managers engage in 5 primary activities
Planning is basically dealing with deciding in advance the most appropriate course of actions for achievement and organizing is simply bringing together physical, financial and human resources. Leading is organizational methods to work efficiently for achievement of organizational purposes and the last one is measurement of accomplishment against the standards and correction of deviation. The advantages are that they help to make a good business but the disadvantages is that is might take a lot of time to do it right.
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