To determine: The meaning of management.
Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.
Explanation of Solution
Management: Management is a solitary or gathering of people who challenges and directs a man or aggregate gathering of individuals in endeavoring to achieve required objectives and targets. It is the way toward planning individuals and different assets to accomplish the objectives of a business.
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Chapter 6 Solutions
Bundle: Foundations Of Business, 4th + Lms Integrated For Mindtap Introduction To Business, 1 Term (6 Months) Printed Access Card
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning