Business management meaning and features

Aspects of business management

Management is the process of planning and organising the resources and activities 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._{Sep 7, 2023}.

Aspects of business management

Nature and Characteristics of management are Goal Oriented, Universal, Integrative Force, Social Process, Multidisciplinary, Continuous Process, Intangible, and Art and Science both..

Example of management

Ans: The characteristics of management are:

What is management and its features?

Management is the science and art of getting people together to accomplish desired goals and objectives by coordinating and integrating all available resources efficiently and effectively..

What is the meaning features and importance of management?

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1. Meaning and Definitions of Management : Effective utilisation of available resources to achieve same objective is management.
Management is a comprehensive function of Planning, Organising, Forecasting Co- ordinating, Leading, Controlling, Motivating the efforts of others to achieve specific objectives.