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What is Management?
Management is the act of planning, organizing, staffing, directing, and controlling the activities of human beings and physical resources to accomplish a predefined objective.
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Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human, and informational resources efficiently and effectively to achieve organizational goals.
It means that, given and objective and goals, the resources are being planned for most efficient work flow, which are then organized across different level and factors, corresponding human resource is being acquired to direct different set of tasks and activities, which are then controlled to achieve predefined standards (objectives and goals during planning phase).
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What is Management?