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Explain the planning function of management
PLANNING:- anning is the primary and crucial function of management. It is deciding in advance what to do, how to do it, when to do it, and who is to do it. It is looking ahead and preparing for the future. According to Henry Fayol,"Planning means to assess the future and make provision for it." Thus planning is the process by which a manager anticipates the future and discovers alternative courses of action open to him. It is a type of decision making, since it involves selecting along alternatives. It verifies the goals and directions of the management. McFarland writes that "Planning is both an organizational need and a managerial responsibility."
explain the development of management thought, scientific management
Q. What are the different types Modern controlling techniques? a) Human Resource Accounting b) PERT/CPM c) Social audit d) ROI Analysis Wide Span e) Quality Circle
Cash Flow Statement: Cash flow is a financial statement that summarizes an organizations sources and uses of cash over a specific period of period. Cash flow statements a
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suppose there are four workers with the cost of $2000 per month per worker and every worker makes 1500 units per month. Hiring a new worker costs $500 and firing one costs $800 (p
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