management in business definition

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What is business management?

Business management is the art and science of planning, organizing, directing, and controlling the resources and activities of a business to achieve its objectives efficiently and effectively. It encompasses a broad range of activities including strategic planning, resource allocation, leadership, and decision making.

What is the definition of Management?

Putting this all together, we can propose a definition of management: management is the process of planning, organizing, leading, and controlling people in the organization to effectively use resources to meet organizational goals. What Is Management?. Authored by: John and Lynn Bruton.

What do you mean by management of an organization?

Or, they may be referring to the activities and functions of an organization to achieve organizational goals. The people with the responsibility and authority to determine the overall direction of the organization are often referred to as the management of the organization.

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