Is management restricted to business enterprises only? Explain the concept applicable
in this context.
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Answer:
No, the management is not restricted to business enterprises only. The nature of management is pervasive because the activities done in managing the enterprises are same in all business whether profit oriented or not.
Explanation:
Management has always has always been a core aspect of every business whether profit oriented or not. Good management can bring profit to the company while the poor management can also throw the company out of the competition. Management is usually required by those non profits organisation that receive huge amount kof money or handles multiple projects at the same time.
Therefore, the management is pervasive and is used by every enterprises whether it is NGO, hospitals, schools, universities etc.
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