Short Answer TypeWhy is staffing considered an important function of management in all types of organisations? State any three reasons.
State any four features of planning.
Planning is deciding in advance what is to be done. Its important features include:
i) Planning focuses on achieving objectives: Planning involves certain steps like determination of objectives and development of policies, programs and procedures to achieve the objectives of organisation.
ii) Planning is a primary function of management: Planning lays down the base for other functions of management. All other managerial functions are performed within the framework of the plans drawn. Thus, planning precedes other functions. This is also referred to as the primacy of planning.
iii) Planning is pervasive: Planning is required at all levels of management as well as in all departments of the organisation. It is not an exclusive function of top management nor of any particular department.
iv) Planning is continuous: Plans are prepared for a specific period of time, maybe for a month, a quarter, or a year. At the end of that period, there is a need for a new plan to be drawn on the basis of new requirements and future conditions. Hence, planning is a continuous process.
If we delegate the authority, we multiply it by two, if we decentralize it, we multiply it by many. In the light of this statement explain any four points of importance of decentralization.
What is meant by 'Budgetary Control' as a technique of controlling? State any three advantages of it.
Long Answer Type'Internal sources of recruitment are better than external sources of recruitment.' Explain any five reasons in support of this statement.
What is meant by 'Functional Structure' of an organisation? State any five advantages of this form of organizational structure.
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