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Functions of management in personal life.

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In layman's terms please explain how the five functions of management can be related to everyday life.

How can the five functions of management help in one's personal life?

Also, how can these concepts make an individual into a better leader?

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Solution Summary

This 214 word solution discusses the importance of the five functions of management in one's personal life.

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The five functions of management are extremely helpful in one's personal life in terms of managing the day to day life in an effective, efficient and productive manner by allowing individuals to make the best possible use of limited resources, time and skills of individuals. Individuals will be able to bring a sense of discipline ...

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Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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