Management

Management is defined as handling people tactfully and consolidating their efforts and activity in the organization.

Management as a noun is used as a singular collective noun which refers to a discrete nature of grouping of managers or people in charge of running a company or organization.

Management as a process refers to organizational process that includes strategic planning, setting objectives, managing resources, deploying labor force, financial assets, and measuring results.

<p>According to Theo Heimann, management can be defined in three ways.</p> Signup and view all the answers

<p>The different functions discussed in this module are the functions observed and exercised by managers and employees in the organization.</p> Signup and view all the answers