BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Human Resources
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Objectives
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Management
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Planning
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Detailed explanation-1: -What is management? Management is the logical process of coordinating resources, such as money and employees, in order to accomplish an organization’s goals.
Detailed explanation-2: -Management is the process of coordinating people and other resources to achieve the goals of the organization. Managers are concerned with four types of resources-material, human, financial, and informational.
Detailed explanation-3: -The concept of management involves controlling and guiding personnel and resources within the organization. It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve the goals and objectives efficiently and effectively.
Detailed explanation-4: -Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is the framework within which effort is coordinated.
Detailed explanation-5: -What is management? Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, staffing, directing and controlling organizational resources.