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Management by definition means a distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and resources. It has following salient features or characteristics: 1. Goal-oriented: Management is a purposeful activity. It co-ordinates the efforts of employees to achieve the goals of the organization. 2. Economic Resource: Management is one of the factors of production together with land, labour and capital.
Management by definition means a distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and …