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- Dictionarymanagement/ˈmanɪdʒm(ə)nt/
noun
- 1. the process of dealing with or controlling things or people: "the management of the economy"
- 2. trickery; deceit: archaic "if there has been any management in the business, it has been concealed from me"
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Jun 9, 2018 · Definition: Management can be defined as the process of administering and controlling the affairs of the organization, irrespective of its nature, type, structure and size. It is an act of creating and maintaining such a business environment wherein the members of the organization can work together, and achieve business objectives efficiently ...
Aug 12, 2024 · Management is the process of planning and organising the resources, operations and workflow of a business to achieve specific goals in the most effective and efficient manner possible. Efficiency in management refers to the completion of tasks correctly and at minimal costs.
Jul 30, 2023 · Management is a social process entailing responsibility for the effective and economical planning and regulation of the operations of an enterprise, in fulfilment of a given purpose or task, such responsibility involves: Judgment and decision in determining plans and in using data to control performance, and progress against plans; and.
Jun 10, 2024 · 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.
Apr 8, 2024 · 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.
Views on the definition and scope of management include: Henri Fayol (1841–1925) stated: "To manage is to forecast and to plan, to organize, to command, to co-ordinate and to control". [8] Fredmund Malik (1944– ) defines management as "the transformation of resources into utility". [9]
The meaning of MANAGEMENT is the act or art of managing : the conducting or supervising of something (such as a business). How to use management in a sentence.
the control and organization of something, esp. a business and its employees: He assumed management of a large real-estate company. Management is also the people in charge of a business organization: Negotiators tried all weekend to get labor and management back to the bargaining table.
the activity or job of being in charge of a company, organization, department, or team of employees: Environmental concerns are being integrated more and more into business management. He leaves the day-to-day management of the company to his daughter. corporate / centralized / strategic management.
noun. the act or manner of managing; handling, direction, or control. Synonyms: treatment, guidance, conduct, charge, care, administration, regulation. skill in managing; executive ability: great management and tact. the person or persons controlling and directing the affairs of a business, institution, etc.: The store is under new management.
