What does Management mean in business studies?

Answer 1

Management in business studies refers to the process of planning, organizing, directing, and controlling an organization's resources in order to achieve its goals and objectives efficiently and effectively. It involves making decisions, setting goals, allocating resources, and supervising and coordinating activities to ensure that the organization operates smoothly and achieves its desired outcomes. Management is a crucial function in any business or organization and plays a key role in ensuring its success and growth.