The term "management" characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, financial, material, intellectual or intangible).
Henri Fayol considers management consisting of five functions[1]:
planning
organizing
leading
co-ordinating
controlling.
Some people, however, find this definition, while useful, far too narrow. The phrase "management is what managers do" occurs widely, suggesting the difficulty of defining management, the shifting nature of definitions, and the connection of managerial practices with the existence of a managerial cadre or class.
One habit of thought regards management as equivalent to "business administration", although this then excludes management in places outside commerce, as for example in charities and in the public sector. Nonetheless, university departments which teach management usually get called "business schools".
Speakers of English may also use the term "management" or "the management" as a collective word describing the managers of an organization, for example of a corporation.
From the systemic perspective, in the TOGA (Top-down Object-based Goal-oriented Approach) meta-theory, [2], management consists of high-level mental and communication activity (by tasks emission), of the indirect goal-oriented control of the domain of interest using autonomous execution and information entities/agents/units. Management has as its main generic missions:
confrontation of objectives with the possibilities
planning
leading of autonomous human units towards achieving an intended goal
Every such managerial situation requires on-going decision-making.
2006-11-16 06:53:12
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answer #1
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answered by Anonymous
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"bu" stands for Business, so it is Business management skills.
2006-11-16 15:45:58
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answer #2
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answered by minootoo 7
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ur Qtn is not clear, managment skill of BUTTS ?? u mean to ask ??
2006-11-16 14:01:23
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answer #3
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answered by ashitnarula 2
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