The management process consists of a series of interrelated functions that are performed in a logical sequence to achieve organizational goals. This sequence is often remembered by the acronym POSDC.
Step 1: Understanding the Question:
The question requires arranging the five fundamental functions of management in their correct logical order.
Step 2: Detailed Explanation:
The standard sequence of the management process is as follows:
Planning (P): The first step where goals are set and a course of action is decided.
Organizing (O): After planning, resources are arranged and a structure of roles and responsibilities is created to carry out the plan.
Staffing (S): This involves recruiting, selecting, and placing the right people in the roles created during the organizing phase.
Directing (D): Once the team is in place, management must lead, motivate, and communicate with them to perform their tasks effectively.
Controlling (C): The final step involves monitoring performance, comparing it with the set standards (from the planning phase), and taking corrective actions.
This sequence P → O → S → D → C matches option (A).
Step 3: Final Answer:
The correct sequence is Planning → Organizing → Staffing → Directing → Controlling.