Management encompasses the strategic coordination and organization of resources and operations within a business, aimed at attaining predetermined objectives with optimal efficiency and effectiveness. Efficiency in management pertains to accomplishing tasks accurately and economically, while effectiveness focuses on achieving goals within defined timeframes, yielding tangible outcomes.
Effective management is crucial for companies and organizations to realize their business objectives. Various levels of management exist to oversee and synchronize the functional aspects of a company. For individuals aspiring to managerial roles, delving into the responsibilities and functions of a manager is essential.
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