Business Management Textbook

About Business Management Textbook

Management has been described as a social process involving responsibility for the economical and effective planning & regulation of the operations of an enterprise in the fulfillment of certain objectives. It is a dynamic process consisting of various elements and activities. These activities differ from operating functions like marketing, finance, purchasing etc. These activities are common to every manager regardless of their level or status.

The Business Management app will help you learn all the theories about management. Based on Henri Fayol's understanding of management as consisting of five elements, there are now four generally accepted management functions that include these necessary skills: planning, organizing, leadership, and controlling. action.

Originally identified by Henri Fayol as the five elements, there are now four generally accepted management functions that cover these necessary skills: planning, organizing, leadership, and controlling. action.

According to KOONTZ, “Planning is deciding in advance – what to do, when to do & how to do it. It bridges from where we are & where we want to be”. Plans are directions for future action. This is an exercise in problem solving & decision making.

Planning is an action to achieve a desired goal. Thus, planning is the systematic thinking of the means & means to a predetermined goal. Planning is necessary for proper utilization of human & non-human resources. That's all, it is an intellectual activity and also helps in avoiding confusion, uncertainty, risk, waste, etc.

Business management applications are very suitable for use in schools, colleges. You can also use this application to learn to complete the business management exam.