Every March, Meena Ltd. conducts its Annual Management Programme, where the top managerial personnel gather to formulate plans for the upcoming year. Their goal is to analyze and predict the future, enabling the organization to effectively navigate forthcoming events. Given their responsibility for steering the organization, these managers meticulously verify facts using scientific calculations. Thorough discussions with professional experts contribute to the preparation of detailed plans, and preliminary investigations are conducted to assess plan viability. Since this is an intellectual undertaking demanding intelligent imagination and sound judgment, it is primarily undertaken by the top management. The implementation of plans is generally carried out by the remaining team members, with middle-level managers expected to adhere to the plans without deviation or independent action. The top management oversees the entire process, ensuring that the expenses incurred in formulating the plans are justified by the benefits derived from them. This approach maintains a strategic and thoughtful approach to planning and execution within Meena Ltd.

Which function is performed after the function which is stated above is performed by the management?

Organising

The correct answer is option 1 i.e. organising.

After plans are formulated, the company does the function of organizing. Organising is the management function of assigning duties, grouping tasks, establishing authority and allocating resources required to carry out a specific plan. Once a specific plan has been established for the accomplishment of an organisational goal, the organising function examines the activities and resources required to implement the plan. It determines what activities and resources are required. It decides who will do a particular task, where it will be done, and when it will be done. Organising involves the grouping of the required tasks into manageable departments or work units and the establishment of authority and reporting relationships within the organisational hierarchy. Proper organisational techniques help in the accomplishment of work and promote both the efficiency of operations and the effectiveness of results.