Question

Define the term management.

Give a modern definition of management.

Define Management.

Answer 1

“Management is a multi-purpose organ that manages a business and manages managers and manages workers and work.” – PETER F. DRUCKER.

Answer 2

Management consists in guiding human and physical resources into a dynamic, hard-hitting organisation unit that attains its objectives to the satisfaction of those served and with a high degree of morale and sense of attainment on the part of those rendering the service. - Lawrence A. Appley

Answer 3

Management is the process of planning, organizing, leading, and regulating an organization’s resources and operations to achieve certain objectives. It involves making decisions and leading teams to deliver efficient, effective operations.