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Management Content, Motivating of Organization! A Supervision (or managing) is the administration of an organization. Whether it is a business, a not-for-profit organization, or government body. Includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish. It’s objectives through the application of available resources, such as financial, natural, technological, and human resources. The term “management” may also refer to those people who manage an organization.
Also, learn, Is management often include as a factor of production along with? machines, materials, and money. The interlocking functions of creating corporate policy and organizing, planning, controlling, and directing. An organization’s resources in order to achieve the objectives of that policy.
The directors and managers who have the power and responsibility to make decisions and oversee an enterprise. In large organizations, the board of directors defines the policy which is then carried out by the chief executive officer, or CEO. Some people agree that in order to evaluate a company’s current and future worth, the most important factors are the quality and experience of the managers.