There is no important are of human activity than management since ita task is that getting things done through people
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Ans. The above given definition requires to be expanded as-
(i) As -managers, people carryout the managerial functions of Planning organizing, staffing, leading, and controlling.
(ii) Management applies to any type of organization.
(iii) It applies to managers at all organizational levels.
(iv) The goal of all managers is the same to produce a surplus.
(v) Managingisconcemedwithproductivityi.e.,effectivenessandefficiency.
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