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Managerial functions refer to the basic activities performed by managers to achieve organisational objectives efficiently and effectively. Management is a continuous process in which managers coordinate human, financial, physical and informational resources. The major managerial functions are planning, organising, staffing, directing and controlling. Planning is the primary managerial function. It involves deciding in advance what is to be done, how it is to be done, when it is to be done and who should do it. Managers establish objectives, formulate strategies, develop policies and _____ ______ _______ ____ ____ ____ ________ _________ _________.
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