Question

Section 1
Q. Answer the following questions in detail:- [5 marks each]
29. Define management and explain its characteristics
in
Desconti. Manamanent​

Answer 1

Answer:

Management can be defined as the process of administering and controlling the affairs of the organization, irrespective of its nature, type, structure and size. It is an act of creating and maintaining such a business environment wherein the members of the organization can work together, and achieve business objectives efficiently and effectively.