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Definition of management is a goal oriented process |
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Answer» Management is an activity concerned with guiding HUMAN and physical resources such that organizational goals can be ACHIEVED. Nature of management can be highlighted as :Explanation:Management is Goal-Oriented: The success of any management activity is assessed by its achievement of the predetermined goals or objective. Management is a purposeful activity. It is a TOOL which helps use of human & physical resources to fulfill the pre-determined goals. For example, the goal of an enterprise is maximum consumer SATISFACTION by producing quality GOODS and at reasonable prices. This can be achieved by employing efficient persons and making better use of scarce resources. |
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