BUSINESS MANAGEMENT.

TOPICS. DEFINITION:- LEVEL OF BUSINESS MANAGEMENT:- FEATURE OF BUSINESS MANAGEMENT:- OBJECTIVES OF BUSINESS MANAGEMENT :- PROCESS OF BUSINESS MANAGEMENT:- PRINCIPLES OF BUSINESS MANAGEMENT:- FUNCTION OF BUSINESS MANAGEMENT:- IMPORTANCE OF BUSINESS MANAGEMENT:- ONLINE BUSINESS:-

DEFINITION.

“Business Management is the art of knowing what you want to do and than seeing that it is done in the best and chepest way.”

-By Taylor.

“Business Management means to manage is to forcast and to plan, to organis, to co-ordinate, to control.”

-By Henry Fayol.

LEVEL OF BUSINESS MANAGEMENT

FEATURE OF BUSINESS MANAGEMENT

Management is Goal-Oriented:- Management is Continuous:- Management is all Pervasive:- Management is a Group Activity:- Management integrates Human, Physical

and Financial Resources:- Management is Futur-Oriented:-

OBJECTIVES OF BUSINESS MANAGEMENT .

Getting Maximum Results with Minimum Efforts :-

Increasing the Efficiency of factors of Production :-

Maximum Prosperity for Employer & Employees :-

Human betterment & Social Justice :-

PROCESS OF BUSINESS MANAGEMENT

PRINCIPLES OF BUSINESS MANAGEMENT.

Division & Labour :- Authority & Responsibility:- Discipline:- Unity of Command:- Unity of Direction:- Centralisation:- Scalar-Chain:- Order:-

Equality:- Stability of Tenure:- Initiative:- Harmony of group or Esprit de Crops:-

FUNCTION OF BUSINESS MANAGEMENT

RELATIOSHIP.

IMPORTANCE OF BUSINESS MANAGEMENT

It helps in Achieving Group Goals :- Optimum Utilization of Resources :- Reduces Costs :- Establishes Sound Organization :- Establishes Equilibrium :- Essentials for Prosperity of Society :-

ONLINE BUSINESS.

PRESENTED BY :-UMESH I RAMCHANDANI.ROLL NO. :-54.