Commerce Exam  >  Commerce Questions  >  what is managemant Related: Management: A Mu... Start Learning for Free
Most Upvoted Answer
what is managemant Related: Management: A Multidimensional Activity (...
Management is an art of getting things done with and through others. Management can be defined as, the process of getting things done with the aim of achieving organizational goals effectively and efficiently.
Community Answer
what is managemant Related: Management: A Multidimensional Activity (...
Management: A Multidimensional Activity (Overview)

Management is a multidimensional activity that involves planning, organizing, staffing, directing, coordinating, and controlling resources to achieve organizational goals. It is a process of getting things done through people and involves various functions and activities that are interrelated and interdependent.

Planning
Planning is the first and foremost function of management. It involves setting goals and objectives, designing strategies, and developing action plans to achieve them. It is a process of deciding in advance what to do, how to do it, when to do it, and who will do it.

Organizing
Organizing is the second function of management. It involves arranging resources such as people, materials, and equipment in a systematic and efficient manner to achieve the desired goals. It is a process of creating a structure of roles and responsibilities, establishing relationships, and coordinating activities to achieve organizational objectives.

Staffing
Staffing is the third function of management. It involves selecting and hiring the right people for the right job, providing them with training and development opportunities, and evaluating their performance. It is a process of identifying the manpower needs of the organization, recruiting and selecting suitable candidates, and placing them in appropriate positions.

Directing
Directing is the fourth function of management. It involves motivating, leading, and communicating with subordinates to achieve organizational goals. It is a process of providing guidance, instructions, and feedback to employees to ensure that they perform their tasks effectively and efficiently.

Coordinating
Coordinating is the fifth function of management. It involves bringing together the various activities and functions of the organization to achieve the desired goals. It is a process of integrating the efforts of individuals and departments to ensure that they work together towards a common objective.

Controlling
Controlling is the sixth and final function of management. It involves monitoring and evaluating the performance of the organization against the set goals and objectives. It is a process of measuring the progress, identifying the deviations, and taking corrective action to ensure that the organization is on track to achieve its goals.

Conclusion
In conclusion, management is a multidimensional activity that involves various functions and activities that are interrelated and interdependent. It requires a combination of skills, knowledge, and experience to effectively manage an organization. By applying the principles of management, organizations can achieve their goals and objectives in an efficient and effective manner.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

what is managemant Related: Management: A Multidimensional Activity (Overview)?
Question Description
what is managemant Related: Management: A Multidimensional Activity (Overview)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is managemant Related: Management: A Multidimensional Activity (Overview)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is managemant Related: Management: A Multidimensional Activity (Overview)?.
Solutions for what is managemant Related: Management: A Multidimensional Activity (Overview)? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of what is managemant Related: Management: A Multidimensional Activity (Overview)? defined & explained in the simplest way possible. Besides giving the explanation of what is managemant Related: Management: A Multidimensional Activity (Overview)?, a detailed solution for what is managemant Related: Management: A Multidimensional Activity (Overview)? has been provided alongside types of what is managemant Related: Management: A Multidimensional Activity (Overview)? theory, EduRev gives you an ample number of questions to practice what is managemant Related: Management: A Multidimensional Activity (Overview)? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev