Nature and significance of management - class 12 bst pt, 3
By Disha on
This blog focuses on the levels of management, functions of management from business studies class 12th chapter 1 nature and significance of management. It covers all the important aspects about levels of management and its functions with relatable examples and clear explanation. Suitable for class 12 students who are seeking for learning the concepts in an easy way, adjust a random person seeking a random dose of knowledge. This block definitely has a place for you.

Yo
Welcome back guys.
Today we will continue with our next topic.
If you have not read the first two parts then complete them.
Levels of management:
Level sabke nikalenge
Basically, management is divided into 3 levels according to the responsibility and role assigned.
Chalo ab aapka level nikalte hai
Top level:
They consist of the senior most executives of the organisation.
E.g: CEO, CFO, vice president etc.
In simple words they are the top most heads of the management Jo sabke level nikalti Hai.
Role:
Integrate divers elements and coordinate with the activities of different departments according to the overall objective.
I know, you are like
Jada angrezi jhadri hai
In simple words it means that day are the heads of the all departments and their look after all the activities which are being conducted to ensure that they meet the organisational objective.
Responsibility:
They are responsible for the welfare, survival of the organisation. They analyse the environment and its implication for the survival of the business.
Bhai book being a book
Cannot tolerate easy ness
The top level management as responsible for making all the policy is and setting up the objectives. They define what is the goal or target.
Middle level:
This is a link between the top and lower level of management. They are subordinate to managers and superior to first line managers.
They are usually known as division heads.
E.g production manager, sales manager etc.
Basically there dalal who link top & lower level of management.
Role:
Responsible for implementing and controlling plans and strategies delivered by top management.
Task: interpret policies, ensure the department has necessary persons, assigned duties and motivate employees.
I hope they don't motivate like: aasan haiiii
Lower level (supervisor):
Control plans and strategy developed by the top management.
They are the one who directly assigned any task to the employees.
Yes every task is a signed by them.
It can be also like: juice pila Do mosambi ka.π₯€
Role:
The directly over see the effect of the workforce, there authority and responsibility are limited according to the plans drawn by the management.
Impact:
Through their efforts, quality of output is maintained, wastage is minimised and safety standards are maintained.
This is the management which spends most of its quality time with its employees.
Quality time of work not anything else π
Functions of management:
Yes management has many functions, like holi, diwali.
Just kidding π
They have mainly five functions or steps.
Planning:
Determining in advance what is to be done and who is to do it. It involves setting up objective and developing away of achieving them effectively.
Imagine:
You have seen a chips packetπ in your friends hand and you look him putting it into his bag.
So now your objective is to take it without him knowingπ.
So planning is a method where you will decide how will you take it and who will help you to do this.
Similarly, if the management has taken an objective to increase its sales, it will make a plan that how they can do it.
Organising:
The function of assigning duties, grouping tasks, establishing authority and allocation of resources.
Imagine:
Imagine what I say, do not imagine her.
Imagine you have only rs 100 and you need to arrange a small party.
I guess 100 rupees is a lot to arrange a party right π
It is because you are Garib but koi na.
In Organising you have to utilise those rs 100 and you have to group the task among your friends that who will do what and the resources should be utilised without wastage.
Like one of your friend will arrange the food and another might be given a duty to manage the music playlist.
I hope he makes a pro playlist not like me who might play Arijit instead of Diljit. ππ
Okay let's come out of the dream.
In terms of business, organising means to make different departments for different works and assigning duties to the employees according to their capability.
Staffing:
I think you already got what does it mean but still I have to perform my duty of telling you.
Finding the right people for the right job. It involves recruitment selection, placement and training of the people.
It means you need to find the right person to do the right job.
E.g: if you want an employee in a marketing department, then you need to find someone who is specialised in it. You can't put a sabjiwala to do that job.
Directing:
It involves leading, influencing motivating the employees to perform the tasks assigned to them. It requires establishing and atmosphere that encourages employees to do their best.
Basically you need to tell your employees that aaasssaaannn haaaaaiiiii
Controlling:
The function of monetary organisation performance towards the attainment of the organisation goal. It involves its establishing standard measuring current performance and taking corrective actions.
Basically after assigning the task you need to just sit and watch that are doing it properly or not.
Today's Gyan ends here
We will continue the next topic in the next part.
Till then, keep enjoying