Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
What is some good advice to aid someone who wants to be a business manager?
Expert Solution
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Step 1
Management
- Management is the process of Planning, Organizing, Staffing, Directing, and Controlling the processes and the people involved in an organization.
- Managers perform these functions by planning for the future, creating goals and objectives, building strategies to achieve the goals, organizing the work, and staffing employees to fill in the gaps between where the organization is and where it has to reach.
- It also directs the employees towards accomplishing their goals and hence, the organizational goals.
- They control and evaluate this entire process on a regular basis using statistical tools and management principles.
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Similar questions
- Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible onto her circumstance. Which form of business would be best for Rita?arrow_forwardWhat are the best ways to grow your business?arrow_forwardChoose a challenge in starting a new business and how you may be able to address that challenge with a well-designed business plan. Challenge can be unique to either a start-up or on-going business or both.arrow_forward
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