Business Studies, asked by Gurveer5170, 9 months ago

What do you understand by the process of management. Explain its salient features.

Answers

Answered by gauravarduino
1

Answer:

Management is concerned with achievement of objectives of an organisation. These objectives are achieved through the functions of planning, organising, staffing, directing, controlling and decision-making. The organisational objectives are clearly defined and explained to every employee.

Answered by SelieVisa
0

Answer:

The process of management mainly consists of planning, organising, directing and controlling the resources. The resources (men and money) of an organisation should be used to the best advantages of the organisation and the objectives to be achieved. Management is the science and art of getting people together to accomplish desired goals and objectives by coordinating and integrating all available resources efficiently and effectively.

The success of any management activity is assessed by its achievement of the predetermined goals or objective. Management is a purposeful activity. Management integrates Human, Physical and Financial Resources: In an organization, human beings work with non-human resources like machines.

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