The main managerial functions are:
i) Planning: It includes laying down policies, procedures, rules, programs after setting goals and objectives to achieve them.
ii) Organizing: organization of tasks is done by dividing activities, assigning duties and delegating authorities.
iii) Staffing: it is the process of putting the right person at the right job.
iv) Directing: directing the people in order to achieve pre-determined goals and objectives.
v) Controlling: Managers control the performance of work by setting performance standards.