Management Responsibilities to Stakeholders

Question 1

What are the Seven main functions of management?

Answer 1

Directing
Delegating
Controlling
Coordinating
Planning
Organising
Motivating

Question 2

What does directing entail?

Answer 2

…a process in which the managers instruct,
guide and oversee the performance of the
workers to achieve predetermined goals.
E/g/ Assigning tasks to employees,
Instructing

Question 3

What does delegating involve?

Answer 3

Assigning
…the assignment of
any responsibility or
authority to another
person (normally from
a manager to a
subordinate) to carry
out specific activities.

Question 4

What does controlling mean?

Answer 4

Verifying things are going as planned and monitoring goals being achieved

..verifying whether everything occurs
in conformities with the plans
adopted, instructions issued and
principles established.
…monitoring employees’ activities to
determine whether or not they are
achieving their assigned goals ☺

Question 5

What does coordinating require?

Answer 5

…the unification, integration, synchronization of
the efforts of group members so as to provide
unity of action in the pursuit of common goals.

…ensuring the work of all departments is
brought together to achieve the overall

objectives of the business
Synchronization

Question 6

What does the planning process involve?

Answer 6

Blueprint

Planning…is concerned with
setting objectives,
targets, and
formulating plan to
accomplish them.

…coming up with a
blueprint to achieve
the organization’s
goals.

Question 7

What does Organising mean?

Answer 7

Structuring

…the process of defining and grouping
the activities of the entire process and
establishing the authority and
relationship among them

…getting the right resources to the
right place at the right time (in the
right quantitites)

Question 8

What is motivating?