GENERAL KNOWLEDGE

Detailed explanation-1: -Marion Harper has rightly asserted: “To manage a business well is to manage its future, and to manage the future well is to manage the information.” A company needs information on a continuous basis to be aware of marketing developments taking place in the market.

Detailed explanation-2: -For the aspiring entrepreneurs and business leaders, a business management degree is consistently a popular choice. It provides the academic knowledge and skills to pursue global career opportunities and helps you develop a broad understanding of businesses and specific areas such as finance and human resources.

Detailed explanation-3: -The purpose of management is to coordinate and organize an organization’s many operations so that those actions may contribute to the company achieving its goals. Using a company’s resources most effectively and productively is one of the most important aspects of good business management.

Detailed explanation-4: -Management can be defined as a process of getting the work or the task done that is required for achieving the goals of an organisation in an efficient and effective manner. Process implies the functions of the management. That is, planning, organising, staffing, directing and controlling.