The correct answer is: D. a-1, b-2, c-4, d-3
- Newman & Summer (1961) identified three basic functions of management: organizing, planning, and controlling.
- Henry Fayol (1916) identified five functions of management: planning, organizing, commanding, coordinating, and controlling.
- Luther Gullick (1937) identified seven functions of management: planning, organizing, staffing, directing, coordinating, reporting, and budgeting.
- Koontz & O’Donnell (1955) identified the acronym PODSCORB to represent the functions of management: planning, organizing, staffing, directing, coordinating, reporting, and budgeting.
Planning is the process of setting goals and objectives, and developing strategies to achieve them. Organizing is the process of creating a structure for the organization, and assigning tasks and responsibilities. Staffing is the process of recruiting, hiring, and training employees. Directing is the process of motivating and leading employees to achieve the organization’s goals. Coordinating is the process of ensuring that all parts of the organization are working together effectively. Reporting is the process of providing information to stakeholders about the organization’s performance. Budgeting is the process of developing and managing the organization’s financial resources.