3 Most VSAQ’s of Functions of Management Chapter in Inter 2nd Year Commerce (TS/AP)
2 Marks
VSAQ-1 : What do you mean by staffing?
Staffing represents a critical organizational process that involves the meticulous selection and placement of individuals in various positions to guarantee that the company possesses a workforce equipped with the appropriate skills and qualifications to carry out their duties efficiently. The staffing process encompasses several fundamental activities, including workforce planning, recruitment, selection, training and development, promotions, compensation management, and performance appraisal. The importance of staffing cannot be overstated, as it is essential for acquiring and retaining highly skilled individuals whose contributions are integral to the overall success and growth of the organization.
VSAQ-2 : Meaning of Control. (OR) Explain the meaning of control.
Control, as articulated by Henry Fayol, embodies the process of meticulously overseeing and regulating all facets of an organization to guarantee alignment with pre-established plans, directives, and principles. This multifaceted process entails continuous monitoring and assessment of employees’ ongoing performance while simultaneously evaluating the organization’s progress in relation to its objectives and its adherence to predefined standards and protocols. Control stands as an indispensable management function, serving as the compass that steers the organization toward its objectives and facilitating timely adjustments as necessary to attain its goals.
VSAQ-3 : Define Planning. (OR) What is Planning.
Planning is the strategic process of proactively formulating decisions in the present to chart the course of future actions. It is the art of harmonizing an organization’s available resources with its overarching objectives and the prospects that lie ahead. Planning revolves around the foresight to determine, in advance, both the necessary steps and the optimal methods for achieving predefined goals. It acts as the architectural blueprint, offering a methodical and cohesive structure for operations, ultimately guiding the organization towards the realization of its intended outcomes.