Tuesday, March 31, 2015

                      

        As business is one of the important parts of socio-economic activities of human life whereas from the word business management too become an important sector for us.In earlier stage when the economic activities were limited in size and area ,a single proprietor or limited persons handled business.After development of economy both large and small organization came into existence in these organization people work together to accomplish goals that are too complex or large in number to be achieved by a single individual.
          So to make an successful business we should make effective  managerial work and it simply says that the most significant in determining the quality of performance and success of such organization is the success of its management.It also can be said as successful managers are those who are able to carryout effective basic functions of goodwill of inside and outside the organization they must work through others to achieve success.There are some managerial tips by which an business may proceed towards success and they are:-

  • As an Activity - This  concept focuses on all the activities of the manager and his subordinates that should be performed for the achievement of organizational objectives.The managers must perform various acttivities like communicating,decision making,making and maintaining interpersonal relation.
  • As an Process-From this point of view management represents a series of inter-related functions of an organization like planning,organizing,staffing,directing,controlling and co-ordinating.Management  process is regarded as a social process when management decides to take a any step it must consider its impact on implementation in practical sense.generally it brings human skill for the best utilization of other resource money,materials,machines,method  etc to attain per-determined objectives.
  • As a discipline-Management is a specialized branch of human knowledge which involves the study of certain principles and practices.It is based on some specific discipline which can be modified according to time and requirement.An organization can performs its business in effective manner only if there is system in management.It is an practical discipline and also is taken as an interdisciplinary knowledge drawn from various field of knowledge like psychology,social science,economic and others.                                                                                               Hence these are some managerial tips to succeed out business development sectors which are to be followed by business motives.



       

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