1. When a manager lays out the lines of authority and responsibility among different individuals and groups, the manager is 2, In the task of managers is to evaluate how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance.

1. When a manager lays out the lines of authority and responsibility among different individuals and groups, the manager is 2, In the task of managers is to evaluate how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Step 1

The management functions developed by Henry Fayol were the combination of planning, organizing, staffing, controlling, and leading. It helps in the effective planning and regulation of operations in an organization. The managers first plan the activities of the organization based on the deviations and organize the plan and make the employees work according to the plan and evaluate the effectiveness of the plan.

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