Question

Concept nature process and significance of management

Answer 1

see the pic u get the meaning and process like functions...


significance are...

1/ helpful in achieving goals of the business
2/increasing profit
3/ minimizes risk
4/Reduce cost.
5/ smooth running of the business
6/optimism utilization of resources.

:)

Answer 2

Answer:

Management undertakes the job of bringing together human physical and financial resources so as to achieve organizational purpose.

• Therefore, is an important function to bring harmony between various factors. It is a never ending process.