Management is the business function is responsible for making sure that organizational strategies and goals are aligned with staffing plans.
<h3>What is management?</h3>
There are five main functions of business that exist:
- Human Resources (HR)
- Finance
- Marketing
- Production
- Management
Management is the social process which is responsible for economical and effective planning and regulation of operation in any company or organization. It helps in fulfilling the purpose and goals of the company. It consists of various elements such as purchase, finance etc.
Koontz and O'Donnel gave the most important function of management which are planning, organizing. staffing, directing and controlling.
The three categories of management styles are autocratic, democratic and laissez - faire.
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