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Post Title 'ETM Assignment-1 Answers'
Compiled on 17-Sep-2017
Answers by user 'Adusumilli-Uday-Kumar'
Link will Expire on '3-OCT-2017'
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1. Define Management. Explain the functions of Management.
Ans.  Management can be defined as "The art of getting things done through and with the people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can co-operate towards attainment of group goals."

The most widely accepted are functions of management given
by KOONTZ and O’DONNEL i.e. Planning, Organizing, Staffing, Directing and Controlling.

1. Planning
Deals with chalking out a future course of action