To manage is to forecast and plan, to organize, to command, & to control”.

-planning is deciding in advance - what to do, when to do & how to do. Future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals.

-Organizing is the process of bringing together physical, financial and human resources and developing productive relationship for achieving organizational goals.

-Staffing is the function of manning the organization structure and keeping it manned.

-Directing is giving efficient orders for achievement of organizational purposes.

-Controlling is It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals.

advantages:

- problem solving & decision making

- Planning is to achieve desired goals. 

- systematic thinking about ways & means for accomplishment of pre-determined goals.

- proper utilization of human & non-human resources.

- helps in avoiding confusion, uncertainties, risks, wastages etc.