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.
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