Business Studies, asked by anilunawane7344, 1 year ago

Define management and its process with good example

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Answered by aks59
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Definitions of Management :-


Management is a distinct process consisting of planning, organising, actuating and controlling, performed to determine and accomplish stated objectives by the use of human beings and other resources".

Or other words...,


"Management is the art of getting things done through and with people in formally organized groups”.


And it process are:-

The management process is simply the process of managing business operations to successfully meet organizational goals. The management process consists of four basic management functions: planning, organizing, Influencing, and controlling

Planning Managers obviously must plan if they want their business to be successful. Managers must choose tasks to be performed in order to reach certain goals that have been set in place. They must outline how tasks are to be performed, indicating how and when they should be performed. A manager�s plan must outline exactly what needs to be done to attain organizational goals. Planning is essential for a business to get things done the right way. Planning is concerned with both short-term goals and long term organizational goals.
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