Opening Activity Friday, Nov 18

Planning: It is the basic function of management. Organizing It is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. Staffing: is the function of manning the organization structure and keeping it manned. Directing: is the part of managerial function which actuates the organizational methods to work efficiently. Controlling: implies 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.