Functions of Management (VSAQs)
Commerce-2 | 10. Functions of Management – VSAQs:
Welcome to VSAQs in Chapter 10: Functions of Management. This page includes the most important FAQs from previous exams. Each answer is provided in simple English and presented in the exam format. This approach helps you prepare effectively and aim for top marks in your final exams.
VSAQ-1: What Do You Mean by Staffing?
Staffing is like building a team for a big project. Imagine you’re putting together a group of people to work on a school play. You need actors, a director, someone for costumes, and another for lighting. But it’s not just about filling the roles; it’s about finding the right people who have the skills to make the play a success. In a company, staffing works the same way. It’s the process of carefully selecting and placing individuals in various positions to ensure the organization has the right mix of talent. This involves activities like workforce planning, recruitment, training, and performance appraisal. The goal of staffing is to build a team that is skilled, motivated, and capable of driving the company’s success.
VSAQ-2: What is the Meaning of Control?
Control, as described by management expert Henry Fayol, is like being the captain of a ship, constantly checking the course and making adjustments to ensure the ship reaches its destination safely. In a business context, control involves monitoring and regulating various aspects of the organization to ensure everything aligns with the company’s plans and goals. This means keeping an eye on how employees are performing, checking whether the organization is meeting its targets, and making necessary changes if things aren’t going as planned. Control is essential because it helps the organization stay on track and make timely adjustments to achieve its objectives.
VSAQ-3: What is Planning?
Planning is like drawing a roadmap before you start a journey. Imagine you’re going on a road trip to a place you’ve never been before. You wouldn’t just jump in the car and drive aimlessly; you’d probably plan your route, decide where to stop, and think about what you’ll need along the way. In a business, planning works similarly. It’s the strategic process of making decisions in the present to guide future actions. Planning involves setting goals, figuring out the best ways to achieve them, and deciding on the steps to take. It’s like creating a detailed plan that ensures all resources are used effectively and that everyone knows the direction the organization is heading in. Without planning, a business might lose its way, but with it, the path to success becomes much clearer.