Answer to Question #237157 in Management for Nande

Question

Provide a comprehensive definition of the term management

Answer 1

Management is the act of planning, making decisions, organizing, directing, motivating, and managing an organization's people, financial, physical, and information resources in order to accomplish its objectives efficiently and effectively. Workplaces are dependent on the leadership abilities of individuals in positions of authority. Along with managing workers, managers must interact with more senior members of their organization to ensure that the team achieves objectives and advances the organization's purpose. Although managers' tasks vary by industry and workplace, the majority perform the same fundamental obligations. In this post, we will examine what management is, how it operates, and how you may develop into a competent manager.