Question

Define the term ‘Management’. Explain the characteristics and importance of Management.

Answer 1

Hey mate!!

The organization and coordination of the activities of a business in order to achieve defined objectives. ... Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy.

Answer 2

the organization and coordination of the activities of a business in order to achieve defined objectives. ... Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy.