Business Management helps in achieving the goals and objectives of the organization by making efficient and effective use of resources. Business management is a set of related and continuous activities. It achieves its goals by making an interaction among people and resources. There are many functions of business management. Planning is one of them. Planning is the process of identifying the task to be done and making objectives to complete the task. Organizing is the process of assigning objectives to individuals for achieving the main goal. Directing involves motivating and influencing members of the organization to contribute in the success. At the end comes controlling of activities which ensures that the tasks are performed in the planned way and if any deviations are there, corrective measures are taken. Business Management is a wide concept and helps in making decisions, optimum utilization of resources, achievement of goals and earning more profits.
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