Management [1] All that is involved in making the most effective use of available resources, whether in the form of machines, money or people. [2] A collective term for the people responsible for the management of an ORGANIZATION; that is, for the directing, PLANNING and running of its operations, for the implementation of its policies and the attainment of its objectives. --David A. Statt. (2004). The Routledge Dictionary of Business Management: Vol. 3rd ed. Routledge.
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