Advertisement Remove all ads

Explain the following terms/concept. Management - Organisation of Commerce and Management

Advertisement Remove all ads
Advertisement Remove all ads
Definition

Explain the following term/concept.

Management

Advertisement Remove all ads

Solution

Management is a set of principles which relate to the various functions such as planning, organizing, staffing, directing, coordinating, controlling etc. which are helpful in achieving organizational goals. According to Henry Fayol, "To manage is to forecast and to plan, to organize, to command and to control."

Concept: Functions of Management
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×