MANAGEMENT

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MANAGEMENT


MANAGEMENT

Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organization.

management to consist of six functions: 1.Forecasting 2.Planning 3.Organizing 4.Commanding 5.Coordinating 6.Controlling Towards the end of the 20th century, business management came to consist of six separate branches, namely:- 1.Financial Management 2.Human Resource Management. 3.Information Technology Management (Responsible for Management Information Systems) 4.Marketing Management 5.Operations Management or Production Management 6.Strategic Management

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