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Chapter: 12th Commerce : Chapter 2 : Management Process : Functions of Management

Functions of Management

Managerial functions are time specific, institution specific and country specific.



FUNCTIONS OF MANAGEMENT

Managerial functions are time specific, institution specific and country specific. The management functions of industrial revoluvation may differ from the management functions of 19th century and followed by 20th century. This chapter is an attempt to explain the management functions of 20th century and after.

Management functions are called as Managerial process. This process is 24 hours non stop process for attaining the objectives again and again for reaching the highest level.


Functions of management can be classified into two catogories, they are A. Main functions and B. Subsidiary functions. All functions of management are briefly discussed below:


For Own Thinking

1. How to conduct a three days tour program from your place to nearest state?

2. Collect the information about the functions of management concepts given by various authors.

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