what is management?
explain tha management
Answers
Explanation:
Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human, and informational resources efficiently and effectively to achieve organizational goals.
Explanation:
HEY MATE HERE IS YOUR ANSWER
Definition: 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.
Management acts as a guide to a group of people working in the organization and coordinating their efforts, towards the attainment of the common objective.
Universal: All the organizations, whether it is profit-making or not, they require management, for managing their activities. Hence it is universal in nature.Goal-Oriented: Every organization is set up with a predetermined objective and management helps in reaching those goals timely, and smoothly.Continuous Process: It is an ongoing process which tends to persist as long as the organization exists. It is required in every sphere of the organization whether it is production, human resource, finance or marketing.Multi-dimensional: Management is not confined to the administration of people only, but it also manages work, processes and operations, which makes it a multi-disciplinary activity.