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What is Overview of Management Principles about?

Management involves planning, organizing, leading, and controlling organizational resources to achieve goals efficiently and effectively. It is a process that utilizes people, money, materials, machines, and methods. Management is goal-oriented, a social process, and both a science and an art. Key functional areas of management include production, marketing, finance, and personnel. Management occurs at three levels - top, middle, and lower. Scientific management aims to improve organizational efficiency.

Author

Nayana N Nagaraj

Language

EN