2. Decision making Decision making is an essential part of the every function of management . It is a process of selection of a particular action out of various alternatives. “ No business can survive without decision making.” Whatever a manager does , he does through decision making. - By Peter Drucker
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4. Policies Policies are not simple statements , they have certain purpose behind them. They are the guidelines on the general limits within which the members of an enterprise act.
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9. Organising After the objectives of the enterprise have been determined, the next logical step in the managerial process is organising .
