What is Management

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Posted on Saturday, January 31, 2009
Category: Management Introduction

Management focuses on the entire organization from both a short and a long-term perspective. Management is the managerial process of forming a strategic vision, setting objectives, crafting a strategy and then implementing and executing the strategy.

The key emphasis is on issues related to environmental scanning and industry analysis, appraisal of current and future competitors, assessment of core competencies, strategic control and the effective allocation of organizational resources.

The article discusses two approaches of management.

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Source: indianchild.com

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What is Management