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" Managementhas been defined as a …

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" Managementhas been defined as a process of getting things done with the aim of achieving goals effectively andefficiently." Explain briefly the three important terms used in this definition of management-process, effectiveness and efficiency.

Posted by Shingarakhiya Prashant 7 years, 9 months ago

CBSE > Class 12 > Business Studies

1 answers

Syed Khabib 7 years, 9 months ago

Management is a process -It is a process because all the activities are performed in step by step. Effectiveness -It means completion of task on time . Efficiency -It means completion of task with minimum wastage of resources or with minimum cost.

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