Sunday, January 5, 2014

What are the three management activities in business?no

 First of all, management may perform some activities specific to a certain business, but it is obvious that each bussines, in order to expand, needs 3 basic activities as:planning, organization and control.


The planning activity, is that one which management is responsible for. It is known that a bussiness aims objectives, goals, and the role of management is to identify these goals, to set them and to propose the plan in order to fulfil them. 


The organizing activity is the following, after the planning one, establishing an internal structure into an organization, structure whose components having set their role.


One of the most important activities is the control one.The bussines has established it's purposes, but equally has to have some standards of performance, in order to measure the degree of fulfilment of the set goals. If the degree of fulfilment is not the one expected, the role of management is to undertake actions in order to rectify the mistakes occured.

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