Q.List out the main functions of Management.

The five main functions of management are Planning, Organising, Staffing, Directing and Controlling.

Management is a process made up of a series of interrelated functions. In the TN HSC Commerce syllabus the main functions of management are:

1. Planning – deciding in advance what is to be done, how and when; setting objectives and choosing courses of action.
2. Organising – arranging resources and activities and assigning duties and authority to achieve the plans.
3. Staffing – recruiting, selecting, training and placing the right people in the right jobs.
4. Directing – guiding, leading, motivating and communicating with subordinates so they work willingly. …