Business Studies, asked by muankimi9, 7 months ago

what comes to your mind when you hear the word management?​

Answers

Answered by Anonymous
25

Answer:

Many things come to my mind but I will share a few with you 1) The opportunity to manage not only a department but the people that work in the department.2) The opportunity to lead by example and to earn the respect of my staff members and others.

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Explanation:

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Answered by GulabLachman
1

Management refers to the act of handling various circumstances effectively.

  • It refers to how situations are managed, including care, supervision abilities, and people in control of organisations or businesses.
  • In the business context it helps to -
  1. It aids in enhancing the work efficiency of staff, procedures, initiatives, and organisations as a whole.
  2. Every business must be able to sustain itself for an extended period of time, thus management makes intelligent decisions to ensure this.
  3. Since it is important for its survival, making a profit is essential. Management ensures that adequate profit is made through all of its components.

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