1. Managerial Functions
a) Planning: It is the determination of strategies, programmes, policies, and procedures to accomplish organizational objectives.
b) Organizing: It is a process of allocating the task among the members for achieving organizational objectives.
c) Directing: It means telling people to do a particular work and ensures that they perform as per the directions.
d) Co-ordinating: Organizational objectives will be achieved only if group activities in the enterprise are co-ordinated effectively.
e) Controlling: It is the act of checking, regulating and verifying whether everything occurs as per the standards set and plans adopted.
2. Operative Functions
a) Procurement: This function relates to the procuring of sufficient and appropriate number of persons for carrying out business work.
b) Development: It is concerned with the development of employees by increasing their skills and proficiency in work.
c) Compensation: It is concerned with securing adequate and equitable remuneration to persons working in the organization.
d) Integration: It is concerned with the attempt to effect the reconciliation of individual, organization and social interest.
e) Maintenance: This function deals with sustaining and improving the working conditions.