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What is your own definition of management?

What is your own definition of management?

Management is the coordination and administration of tasks to achieve a goal. Such administration activities include setting the organization’s strategy and coordinating the efforts of staff to accomplish these objectives through the application of available resources.

What are the definitions of management?

Management is a distinct process of planning, organizing, actuating and controlling, performed to determine and accomplish stated objectives with the use of human beings and other resources. Management is defined as the process by which a co-operative group directs actions towards common goals.

What is meant by management definition?

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.

What is management simple answer?

Management means directing and controlling a group of people or an organization to reach a goal. Management often means the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

What is management explain its function?

We have defined management as a process to achieve organizational goals. A process is a set of activities that are ongoing and interrelated. The management process consists of four primary functions that managers must perform: planning, organizing, leading, and controlling.

What is management in your own word?

The definition of management is the way something is handled, careful treatment, supervising skills, or those in charge of a business or group. An example of management is how a person handles their personal finances. The act, art, or manner of managing, or handling, controlling, directing, etc.

What is another word for general manager?

Vice-President. A vice-president and a general manager have very similar responsibilities,though they might report to a different set of people.

  • Operations Manager. An operations manager also has responsibilities similar to those of a general manager.
  • Chief Operating Officer.
  • Chief Executive Officer.
  • What is a general manager position?

    The position of a General Manager requires persons who are highly responsible, effective, confident and capable. General Managers may perform duties in keeping with the management of the businesses expenditure and revenue elements.

    What are the responsibilities of a GM?

    A general manager or GM is an executive who has overall responsibility for managing both the revenue and cost elements of a company’s income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of the firm’s marketing and sales functions as well as the day-to-day operations of the business.