Administrative Management Theory (5)
Concept of Management (3)
- Accounting activities – stock-taking, balance sheet, cost, and statistics.
- Managerial activities – planning, organization, command, co- ordination and control.
- These six functions had to be performed to operate successfully any kind of business. He, however, pointed out that the last function i.e., ability to manage, was the most important for
upper levels of managers.