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what is management
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what is management Related: Meaning to Marketing, Marketing Managemen...
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
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what is management Related: Meaning to Marketing, Marketing Managemen...
Management is an individual or a group of individuals that accept responsibilities to run an organisation. They Plan, Organise, Direct and Control all the essential activities of the organisation. Management does not do the work themselves. They motivate others to do the work and co-ordinate (i.e. bring together) all the work for achieving the objectives of the organisation.
Management brings together all Six Ms i.e. Men and Women, Money, Machines, Materials, Methods and Markets. They use these resources for achieving the objectives of the organisation such as high sales, maximum profits, business expansion, etc.
According to Harold Koontz,
"Management is the art of getting things done through and with people in formally organised groups."
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what is management Related: Meaning to Marketing, Marketing Management
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what is management Related: Meaning to Marketing, Marketing Management for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about what is management Related: Meaning to Marketing, Marketing Management covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is management Related: Meaning to Marketing, Marketing Management.
what is management Related: Meaning to Marketing, Marketing Management for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about what is management Related: Meaning to Marketing, Marketing Management covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is management Related: Meaning to Marketing, Marketing Management.
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