What should be done while 'taking corrective action' in the process of controlling when especially in the important areas deviations go beyond the acceptable range?
Name and explain the principle of management according to which a manager should replace 'I' with 'We' in all his conversations with workers.
Explain 'objectives' as one of the types of plans.
The process of management begins with setting objectives. They are the end points or goals or predetermined results towards which all business activities are directed. Me Farland defines “objectives are the goals, aims or purposes that organisation wishes to achieve over varying period of time.
Explain the following as features of Planning:
(a) Planning is continuous, and (b) Planning is futuristic.
Distinguish between 'Delegation' and 'Decentralisation' on the basis of the following:
(a) Purpose; (b) Scope; (c) Status; and (d) Nature.