Managerial Functions in management

Question

What do you mean by the term Managerial Functions in management? Write down its categories?

Answer 1

Different management scholars studied various organizations at different times; they recognized the functions of management in their own ways. Henry Fayol, the father of functional or administrative management stated: ‘To manage is to forecast and plan, to organize, to command, to coordinate and to control’. Therefore, Fayol categorized management functions into five classes as shown:

a) To forecast and plan

b) To organize

c) To command or to give orders

d) To co-ordinate

e) To control