Business Management

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…