Evaluation:
Published: 08.08.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Summaries, Notes 'Business Management', 1.
  • Summaries, Notes 'Business Management', 2.
  • Summaries, Notes 'Business Management', 3.
Extract

Management is the process of coordinating businesses resources to achieve the goals of the business.
Human resources
Information resources
Physical resources
Financial resources
A manager is someone who coordinates the business's limited resources in order to achieve the business's specific goals.
Effectiveness measures the degree to which a goal has been achieved
Efficiency weighs the resources needed to achieve a goal against what was actually achieved.
Main management functions
Planning
Organizing
Leading
Co-coordinating
Controlling
Managerial Roles
Figure head
Leader
Liaison
Monitor…

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