Business Studies, asked by Dhanush7507, 10 months ago

Define Management. Discuss in detail the nature and importance of management.

Answers

Answered by Anonymous
1

Answer:

Explanation:

Management is an art of getting things done through others by directing their efforts towards achievement of pre-determined goals. It is concerned with formulation of broad objectives, plans & policies

Management is a distinct process of planning, organizing, staffing, directing, and controlling (POSDICON), performed to determine and accomplish stated objectives by the use of human being and other business resources.

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