Managerial Functions in management
What do you mean by the term Managerial Functions in management? Write down its categories?
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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
POINT OF DISCUSSION: It is generally said that emphasis on bureaucracy in an organization makes the things rigid as more focus on rules and regulations leads towards the lower performance of employees. On the other hand, many organizations in Pakistan are still following bureaucracy and are succ
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