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Explain management as a process. - Commerce

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Question

Explain management as a process.

Explain
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Solution

As a process, management refers to the activities carried out by managers. It is considered a process because it is made up of several interconnected steps. The management process includes functions like planning, organising, staffing, directing, and controlling.

Management as a process has the following key aspects:

  1. Management is a unified process, as it brings together human, physical, and financial resources and integrates them into a cohesive whole.
  2. Management is a continuous process.
  3. Management is a cyclical process because all managerial functions are interlinked. For example, when a manager plans, he also sets standards for control.
  4. Management is a social process since it involves working with and through people.
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Chapter 5: Management - Meaning, Nature and Importance - QUESTION BANK [Page 139]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 5 Management - Meaning, Nature and Importance
QUESTION BANK | Q 3. | Page 139
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