Management is the process of planning, organizing, leading, and controlling resources to achieve organizational goals from "summary" of Fundamentals of Management (For B.Com, BBA, BBM and BMS) by J.P. Pathak
Management involves a series of activities that are carried out in a systematic manner to achieve the goals of an organization. The first step in the management process is planning, which involves setting objectives and determining the best course of action to achieve those objectives. Planning is crucial as it provides direction and focus for the organization.
Once the objectives are set, the next step is organizing. Organizing involves arranging resources and tasks in a way that will enable the organization to achieve its goals efficiently and effectively. This includes structuring the organization, delegating responsibilities, and esta...
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