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Management is an upcoming field of interest.YQ World helps you with career & study options.

Management in business and human organization activity is simply the act of getting people together to accomplish desired goals. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

For years, management gurus, talking heads, and vast swathes of India Inc would always talk about how Indian business could achieve global quality standards, best practices, and benchmarking.

The basic functions of management are:

Planning: Deciding what needs to happen in the future (today, next week, next month, next year, over the next 5 years, etc.) and generating plans for action.

Organizing: (Implementation) making optimum use of the resources required to enable the successful carrying out of plans.

Staffing: Job Analyzing, recruitment, and hiring individuals for appropriate jobs.

Leading: Determining what needs to be done in a situation and getting people to do it.

Controlling: Monitoring, checking progress against plans, which may need modification based on feedback.

Motivating: The process of stimulating an individual to take action that will accomplish a desired goal.