Question

Wht iz management? meaning n definition

Answer 1

the process of dealing with or controlling things or people.
Views on the definition and scope of management include:

According to Henri Fayol, "to manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."[1]

Fredmund Malik defines it as "the transformation of resources into utility."

Management included as one of the factors of production – along with machines, materials and money.

Ghislain Deslandes defines it as “a vulnerable force, under pressure to achieve results and endowed with the triple power of constraint, imitation and imagination, operating on subjective, interpersonal, institutional and environmental levels”.[2]

Peter Drucker (1909–2005) saw the basic task of management as twofold: marketingand innovation. Nevertheless, innovation is also linked to marketing (product innovation is a central strategic marketing issue). Peter Drucker identifies marketing as a key essence for business success, but management and marketing are generally understood[by whom?] as two different branches of business administration knowledge.