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  2. Management is how businesses organize and direct workflow, operations, and employees to meet company goals. The primary goal of management is to create an environment that empowers employees to work efficiently and productively. A solid organizational structure guides employees and establishes the tone and focus of their work.
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    What is the role of Management in a business?It requires supervision, teamwork and coordination, and in this way, management comes into the picture. Dynamic function: An organization exists in a business environment that has various factors like social, political, legal, technological and economic. A slight change in any of these factors will affect the organization’s growth and performance.
    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 management in management?What is management? Management is the coordination and administration of tasks to achieve a goal. Such administration activities include setting the organization’s strategy and coordinating the efforts of staff to accomplish these objectives through the application of available resources.
    What are the functions of Management?Defining the goals of the organization, planning the actions to meet the goals, and organizing the resources needed to carry out the actions are all vital functions of management. Planning and organizing ensure that everyone in the organization is working together toward meeting goals. Organizations, like families, also have goals.
     
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  5. WEBApr 8, 2024 · Management is the coordination and administration of tasks to achieve a goal. Learn about the five basic operations of a manager, the management concepts and the different styles of leadership.

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