Principle of management

Business & Finance
Tutor: None Selected Time limit: 1 Day

What is management? and why should it be studied?

May 26th, 2015

What is management?

Management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. Management also includes recording and storing facts and information for later use or for others within the organization.

Management is studied because:

One need to know how to plan, manage resources,staff under you, being able to scrutinize records to make sure they are kept properly. Being able to know when things are not going in the right direction in an organization and being able to give direction in the organization.These functions are not limited to managers and supervisors. Every member of the organization has some management and reporting functions as part of their job.

May 26th, 2015

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May 26th, 2015
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May 26th, 2015
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