MEDIUM
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Quantitative standards should be set so that it is easier to match the actual performance with the desired (planned) performance.

Identify the function of management discussed above.

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Important Questions on Nature and Significance of Management

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Arrange the Functions of Management in correct sequence.

A. Planning
B. Directing
C. Organising
D. Controlling
E. Staffing

Choose the correct answer from the options given below:

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Which function of management is focused on monitoring the organization’s performance and making corrections as needed?
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What is the primary function of management that involves arranging tasks, people, and other resources to accomplish the work?
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Which management function involves motivating, directing, and otherwise influencing people to work hard to achieve the organization's goals?
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In management, which function is responsible for establishing the structure of an organization and allocating resources to ensure objectives are achieved?
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Which function of management involves setting objectives and determining a course of action for achieving those objectives?