Vidyalelo
Commerce · Q5

Business Management

Graduate and Post Graduate · Commerce · question 5

Q5

To manage is to forecast and plan, to organize, to compound, to co-ordinate and to control. This definition was given by____________.

A.
Peter F Drucker
B.
Hendry Fay
Answer
C.
Louis Allan
D.
Terry

Answer: Option B

Solution

Answer: Option B
Solution:
To manage is to forecast and plan, to organize, to compound, to co-ordinate and to control. This definition was given by Hendry Fay. To foresee and plan means examining the future and drawing up the plan of action. To organize means building up the dual structure, material and human, of the undertaking. To command means binding together, unifying and harmonizing all activity and effort. To control means seeing that everything occurs in conformity with established rule and expressed demand.