Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Arrange the functions of Management in correct sequence:—

A. Staffing

B. Organising

C. Planning

D. Controlling

E. Directing

Choose the correct answer from the options given below:

Options:

A, B, C, E, D

B, C, D, E, A

B, C, A, E, D

C, B, A, E, D

Correct Answer:

C, B, A, E, D

Explanation:

Management is described as the process of planning, organising, staffing, directing and controlling the efforts of organisational members and of using organisational resources to achieve specific goals.
* Planning is the function of determining in advance what is to be done and who is to do it. This implies setting goals in advance and developing a way of achieving them efficiently and effectively.
* Organising is the management function of assigning duties, grouping tasks, establishing authority and allocating resources required to carry out a specific plan.
* Staffing simply stated, is finding the right people for the right job. A very important aspect of management is to make sure that the right people with the right qualifications are available at the right places and times to accomplish the goals of the organisation. This is also known as the human resource function.
* Directing involves leading, influencing and motivating employees to perform the tasks assigned to them.
* Controlling is the management function of monitoring organisational performance towards the attainment of organisational goals.