This document discusses the POSDCORB framework for management and administration. It defines each letter in the acronym:
P is for Planning, which involves deciding courses of action in advance. O is for Organizing, which is establishing an organizational structure and dividing work. S is for Staffing, which refers to recruiting and training employees. D is for Directing, which provides guidance to employees. C is for Coordinating, which involves interrelating different parts of an organization. O is for Reporting, which keeps authorities informed of progress. R is for Budgeting, which is the process of planning future financial requirements through estimating income and expenses.
The document provides details on each management function represented in the POSDC