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This document help you in many way there are many points which I highlighted and the highlighted portion also come in the exam so this is very helpful for you I hope you like it thank you.

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____________________

● ABOUT BUSINESSES
_____________________

● Management is the first important thing in business…….

(1) What is management?
ans:- Management is the process of getting things done with the aims of achieving goal
effectively and efficiency.

(2) What is the nature of management?
ans:-management has three nature;
(I) Management is science
(II) Management is art
(III) Management is profession.

(3) Define three nature of management?
ans (I) :- Management is science—
Management is an in inexact science as it deal with human being whose behaviour cannot be
easily predicted.

(II) :- Management is art — Management is an art as it is satisfy all the characteristic of art.

(III) :-Management is professio — Management does not process all the necessary features of a
profession but there has been growing trends towards proffessionalisation of management.

(4) What is Functions of management?
ans:- There are five function of management
(I) Planning
(II) Organising
(III) Staffing
(IV) Directing
(V) Controlling.

(5) Define all the functions of management?
ans (I) :- Planning — Deciding the objective and future course of action that's called planning.

(II) :- Organising — Assigning duties, grouping task, establishing authority, and allocating
resources, to achieve future goals that's called organising.

(III) :- Staffing — Finding right person for right position at right time that's called staffing.

(IV) :- Directing — Issuing of instruction for performance of jobs that's called directing.



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Sunil prasad
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