what is management?

what is management ? what is its scope and significace in business?

7 Answers

  • 1 decade ago
    Favorite Answer

    Management is a course or degree in college or managing staff in any establishment who deals with procedures of a business. It concentrate especially in controlling personnel , categorizing their education or training and dealing with them as an asset to the company in order to arrive at goal in production or work. Management also is aware of the methods of businesses from onset to the finishing job.

    Source(s): nephews
  • 6 years ago

    Management accounting often improves the business owner's decision making process. Rather than making business decisions based solely on qualitative analysis, business owners or managers can use management accounting information as a decision making tool. Management accounting usually provides a quantitative analysis for various decision opportunities. Business owners can review each opportunity through the prism of quantitative analysis to assure they have a clear understanding relating to business decisions.

  • 1 decade ago

    Generally the most incompetent people are moved up to a level where they can do the least amount of harm which is Management.

  • 1 decade ago

    "Management" (from Old French ménagement "the art of conducting, directing", from Latin manu agere "to lead by the hand") characterises the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible).

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  • 1 decade ago

    The handling of a business to gain the maxium profit possbile at any one point in time.

  • 1 decade ago

    Management is very important in business. I think it is more importantly thant business... :-)


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  • Anonymous
    1 decade ago


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