Management Finance - Part 1

A newly appointed vice-principal finds that the school has excellent plans but unclear responsibilities, inadequate staf...

Type: MCQ • Marks: 1
A newly appointed vice-principal finds that the school has excellent plans but unclear responsibilities, inadequate staffing, poor communication and no performance-monitoring system Which conclusion is the most appropriate?
Options
A. Planning alone is sufficient for effective management
B. The problem is exclusively financial
C. Effective management requires integration of planning, organising, staffing, directing and controlling
D. Control should replace planning
Explanation
Management is an integrated process. A sound plan cannot produce results unless resources are organised, appropriate personnel are available, people are effectively directed and performance is monitored and corrected.
UPSC Principal & Vice Principal Management Finance Administration

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