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Which management thinker is associated with the acronym POSDCORB, and what does the "Co" stand for in this context?

AHenry Fayol; Coordinating

BLuther Gullick; Coordinating

CHenry Fayol; Commanding

DLuther Gullick; Controlling

Answer:

B. Luther Gullick; Coordinating

Read Explanation:

  • The "Luther Gullick discussed the function of management through the acronym POSDCORB". It then lists the components of the acronym, where "Co" stands for "Co-ordinating". While Henry Fayol is also mentioned, his acronym for management functions is POCCC, and one of the Cs stands for Commanding, not Coordinating.


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Evaluate the following statements related to the steps in the planning process: Which of the above statements is/are correct?

  1. Formulation of derivative plans is the final step in the process, which involves follow-up and appraisal to ensure the plan is working as intended.
  2. Securing cooperation involves taking subordinates into confidence once the plan is designed, which can lead to motivation and valuable suggestions.
  3. The process begins with the Establishment of Planning Premises, which are assumptions about future events that could happen.
    What is a key advantage of planning ?