Managerial Functions in management
What do you mean by the term Managerial Functions in management? Write down its categories?
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Different management scholars studied various organizations at different times; they recognized the functions of management in their own ways. Henry Fayol, the father of functional or administrative management stated: ‘To manage is to forecast and plan, to organize, to command, to coordinate and to control’. Therefore, Fayol categorized management functions into five classes as shown:
a) To forecast and plan
b) To organize
c) To command or to give orders
d) To co-ordinate
e) To control
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