Q.
Define mgt and its feators,nature,purpose and scope of mgt?
Asked by Khushi,
29 Nov '09 09:42 am
Earn 10 points for answering
Answers (3)
1.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
Management in all business and human organization activity is simply the act of getting people together to accomplish desired goals and objectives. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
In for-profit work, management has as its primary function the satisfaction of a range of stakeholders. This typically involves making a profit (for the shareholders), creating valued products at a reasonable cost (for customers), and providing rewarding employment opportunities (for employees). In nonprofit management, add the importance of keeping the faith of donors. In most models of management/governance, shareholders vote for the board of directors, and the board then hires senior management. S ...more
Answered by Deepak Joshi, 29 Nov '09 09:54 am
In for-profit work, management has as its primary function the satisfaction of a range of stakeholders. This typically involves making a profit (for the shareholders), creating valued products at a reasonable cost (for customers), and providing rewarding employment opportunities (for employees). In nonprofit management, add the importance of keeping the faith of donors. In most models of management/governance, shareholders vote for the board of directors, and the board then hires senior management. S ...more
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
3.
Please read any business management book for detail answer.
Answered by Damodar Biswal, 29 Nov '09 09:52 am
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received