Business management
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This document provides an overview of key topics in business management including definitions, levels, features, objectives, processes, principles, functions, and importance. It defines business management as "knowing what you want to do and seeing that it is done in the best and cheapest way" and as "forecasting, planning, organizing, coordinating, and controlling." The document outlines features like being goal-oriented and integrating human, physical, and financial resources. It also lists objectives, principles, functions, and the importance of business management in achieving group goals and utilizing resources optimally.
Business management
- 2. TOPICS. DEFINITION:- LEVEL OF BUSINESS MANAGEMENT:- FEATURE OF BUSINESS MANAGEMENT:- OBJECTIVES OF BUSINESS MANAGEMENT :- PROCESS OF BUSINESS MANAGEMENT:- PRINCIPLES OF BUSINESS MANAGEMENT:- FUNCTION OF BUSINESS MANAGEMENT:- IMPORTANCE OF BUSINESS MANAGEMENT:- ONLINE BUSINESS:-
- 3. DEFINITION. “Business Management is the art of knowing what you want to do and than seeing that it is done in the best and chepest way.” -By Taylor. “Business Management means to manage is to forcast and to plan, to organis, to co- ordinate, to control.” -By Henry Fayol.
- 4. LEVEL OF BUSINESS MANAGEMENT
- 5. FEATURE OF BUSINESS MANAGEMENT Management is Goal-Oriented:- Management is Continuous:- Management is all Pervasive:- Management is a Group Activity:- Management integrates Human, Physical and Financial Resources:- Management is Futur-Oriented:-
- 6. OBJECTIVES OF BUSINESS MANAGEMENT . Getting Maximum Results with Minimum Efforts :- Increasing the Efficiency of factors of Production :- Maximum Prosperity for Employer & Employees :- Human betterment & Social Justice :-
- 7. PROCESS OF BUSINESS MANAGEMENT
- 8. PRINCIPLES OF BUSINESS MANAGEMENT. Division & Labour :- Authority & Responsibility:- Discipline:- Unity of Command:- Unity of Direction:- Centralisation:- Scalar-Chain:- Order:-
- 9. Equality:- Stability of Tenure:- Initiative:- Harmony of group or Esprit de Crops:-
- 10. FUNCTION OF BUSINESS MANAGEMENT
- 11. RELATIOSHIP.
- 12. IMPORTANCE OF BUSINESS MANAGEMENT It helps in Achieving Group Goals :- Optimum Utilization of Resources :- Reduces Costs :- Establishes Sound Organization :- Establishes Equilibrium :- Essentials for Prosperity of Society :-
- 13. ONLINE BUSINESS.
- 14. PRESENTED BY :-UMESH I RAMCHANDANI. ROLL NO. :-54.